Just weeks after the announcement that ESL Holding was pursuing the shares of the company it didn’t yet own, Sears Hometown & Outlet Stores reported lower quarterly comps and earnings.
The housewares division of Helen of Troy, home to Oxo and Hydro Flask, has promoted Mike Wallenfels to the newly created divisional role of svp/global sales.
Although Hudson’s Bay has taken a number of significant steps to right its financial course, including winding down its Home Outfitters chain and selling its German operation, the company still posted a bigger first quarter adjusted net loss. The bigger loss came despite improvement at its Saks department store and off-price operations.
Celebrating its 80th year in business, Dollar General started out strong in the first quarter with both sales and earnings growth.
As it posted declining results in the first quarter, Evine emphasized executive changes and initiatives designed to turn around the business.
Stage Stores’ comparable sales were down in the first quarter ended May 4, but the retailer said it was encouraged by its off-price store conversion plan and its expansion of the home department.