Bed Bath & Beyond 2Q Profit Up
New York City, Bed Bath & Beyond reported that its second-quarter net income rose to $145.5 million compared with $141.4 million during the year-earlier quarter. Comp-store sales rose 4.8% during the first half of 2006, compared with an increase of 4.4% a year earlier. The company said quarterly sales rose to $1.6 billion from $1.4 billion a year ago.
New Blog Entry: NC Zoo Implements Unusual Human Resources Strategy to ‘Survive’ Gen Y
New York City, Check out Chain Store Age’s latest blog entry, “NC Zoo Implements Unusual Human Resources Strategy to ‘Survive’ Gen Y” by clicking on the RetailView banner on the homepage.
Read All About It: Shoppers Looking for Discounts
New York City, Bargain-driven shoppers sought out discounters and factory-outlet stores in August, resulting in a poor showing by the department store and specialty store category.
For the full article, “Apparel Retailers and Department Stores See August Sales Slump,” visit the Guest Commentary section on the top of this page.