News

Casual Male Swings to Profit in 4Q, Year

BY CSA STAFF

Canton, Mass., Casual Male Retail Group Inc. rose into the black with fourth-quarter net income of $7.9 million, vs. an $8.8 million net loss in the year-ago period. Sales rose 15.8% to $118.2 million. For the full year, Casual Male’s net income was $1.5 million, compared with a net loss of $12.1 million a year before. Sales for the year rose 7.6% to $465 million.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...
News

Loblaw to Shutter Six DCs

BY CSA STAFF

Toronto, Loblaw announced that as part of the ongoing streamlining of its supply chain network, it will close six warehouse

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...
News

$3.3 Million Bonus for Lundgren

BY CSA STAFF

Cincinnati, Federated Department Stores has given chief executive Terry J. Lundgren a $3.3 million bonus for his 2004 performance. His annual base compensation, not including stock options, is $1.3 million.

Federated’s board approved the bonus on Friday and it was reported in the company’s filing Tuesday with the Securities and Exchange Commission. The board also approved bonuses for 2004 ranging between $1 million and $1.3 million for five other Federated executives.

Lundgren, 52, became president of Federated in 1997, added the title of COO in 2002 and was appointed CEO in 2003.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...