FINANCE

Destination Maternity revenue dips in Q1

BY Katherine Boccaccio

Philadelphia — Destination Maternity Corp. reported Tuesday that revenue for the first quarter edged down to $135.3 million, from $136.4 million in the year-ago period. The results fell within internal expectations of $132.5 million to $136.5 million.

Same-store sales rose 1.9%.

The maternity apparel retailer said the decline in total revenue was due in large part to sales declines related to closing underperforming stores.

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FINANCE

Tuesday Morning sales rise in Q2

BY Katherine Boccaccio

Dallas — Tuesday Morning Corp. reported Tuesday that sales for the quarter ended Dec. 31 rose 4.5% to $285.3 million, compared with $273.1 million in the year-ago quarter.

Same-store sales increased 5.6%.

Tuesday Morning also reported that beginning with this second quarter sales report it will no longer provide net income estimates with sales figures, but will instead consolidate that information in its earnings reports.

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OPERATIONS

Whole Foods Market names information chief

BY Staff Writer

Austin, Texas — Whole Foods Market announced Tuesday the hiring of Jason J. Buechel as global VP and chief information officer, effective immediately.

Buechel will report to co-CEO Walter Robb and CFO Glenda Flanagan.

Buechel previously was a senior executive and managing director, retail operations, for Accenture.

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S.Gacho says:
Mar-22-2013 04:03 am

Whole Food market provide the
Whole Food market provide the daily needs of the costumer. where they offer the fresh products out there. - J. Kale Flagg

S.Gacho says:
Mar-22-2013 04:03 am

Whole Food market provide the daily needs of the costumer. where they offer the fresh products out there. - J. Kale Flagg

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