retail

Retail
Colleen Wegman Named CEO Of Wegmans

Wegmans has a new CEO. Danny Wegman has announced that his daughter, Colleen Wegman, has been named president and CEO of Wegmans Food Markets. In relinquishing the CEO position, he will assume the title of chairman.

Financials
Ollie’s Beats Wall Street In Q4

For the fourth quarter ending January 28, Ollie’s Bargain Outlets posted net income of $24.4 million, or 39 cents per diluted share, versus $16.1 million, or 26 center per diluted share, in the period a year earlier.

Appliances
Bosch, Curtis Stone Partner

Home appliance supplier Bosch and chef Curtis Stone have entered into a partnership that is designed to inspire consumers to prepare easy, healthy meals at home, the company said.

Financials
At Home Comps Surge In Q4

For the fourth quarter ended January 28, the At Home Group posted net income of $15.3 million, or 25 cents per diluted share, versus $58.8 million, or $1.12 per diluted share, in the period the year before.

Other
Rooting For Ron Johnson Again

They might not admit it now, but there were plenty of people in retailing rooting for Ron Johnson after he announced JC Penney’s plan to attract new customers with exclusive brands and experiences that wouldn’t need coupons and one-day sales as the primary bait.

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