FINANCE

Dick’s Sporting Goods profit, sales up in Q1; 37 stores on tap

BY CSA STAFF

Pittsburgh — Dick’s Sporting Goods reported Tuesday that net income for the first quarter rose to $37.5 million, compared with $26.2 million a year earlier.

Net sales increased 6.3% to $1.1 billion. Same-store sales rose 2.1%.

The retailer will open 34 new Dick’s Sporting Goods stores in 2011, as well as remodel 14 existing locations. It also plans to open approximately three Golf Galaxy stores and relocate one Golf Galaxy store this year.

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FINANCE

Winn-Dixie’s Q3 profit rises 12%, sales slip

BY CSA STAFF

Jacksonville, Fla. — Winn-Dixie Stores said Monday that profit for the quarter ended April 6 rose to $23.5 million, compared with $20.9 million in the year-ago period.

Revenue declined to $1.62 billion, and same-store sales slipped a half-percent.

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OPERATIONS

DSW names former Starbucks exec as human resources head

BY CSA STAFF

Columbus, Ohio — DSW announced Tuesday that it has Todd S. Cordell as senior VP human resources, effectively immediately.

Cordell will be responsible for all HR activities in support of DSW Stores, DSW.com, and the DSW Leased Business Division.

Cordell was previously VP human resources for Starbucks Coffee Co.

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