Chico’s FAS Same-Store Sales Drop
Fort Myers, Fla. Chico’s FAS Inc. said Wednesday its June same-store sales dropped 12.9%.
For the five weeks ended July 7, the chain said its total sales fell 5.1% to $151.4 million from $159.6 million in the prior-year period. Year-to-date, same-store sales dipped 16.4% and total sales fell 8.5% from a year ago.
Wachovia names head of food and beverage investments
CHARLOTTE, N.C. Chris Morris has joined Wachovia Securities as managing director and head of food and beverage investment banking. He will report to John Hudson, managing director and head of consumer and health care investment banking.
Morris has 20 years of investment banking experience and joins Wachovia from Lehman Brothers, where he most recently served as managing director and global head of food and beverage investment banking.
Hooker Furniture names gm of Opus Designs
MARTINSVILLE, Va. Hooker Furniture has named Bruce Cohenour to the new position of general manager of Opus Designs.
Cohenour joined Hooker in a new senior management position of senior vp of national accounts and business development in March 2007. He will handle his new responsibilities for Opus in addition to his ongoing role in business development of national accounts.