FINANCE

DSW Q4 profit increases

BY Katherine Boccaccio

Columbus, Ohio — DSW Inc. reported Tuesday that net income for the quarter ended Feb. 2 rose to $31.4 million from $23.1 million in the year-ago period. Sales for the fourth quarter increased 15.7% to $594.3 million, and same-store sales rose 3.6%.

For the full year, profit increased to $152.2 million, from $136.1 million in the prior fiscal year. Sales rose 11.5% to $2.26 billion from $2.02 billion.

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buangsila001 says:
Mar-20-2013 04:45 pm

That is a good news, congrats
That is a good news, congrats to DSW Inc. Keep up the good image and the sales. - Carmack Moving and Storage

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OPERATIONS

Rona appoints former Metro exec as new president and CEO

BY Katherine Boccaccio

Boucherville, Quebec, Canada — Canadian home-improvement chain Rona Inc. announced Tuesday it has named Robert Sawyer as president and CEO, effective next month.

Sawyer was previously an executive at grocery chain Metro Inc.

Rona’s acting CEO Dominique Boies will remain as company CFO.

The retailer, which rejected a takeover offer from Lowe’s Cos. last year, revamped its board in January after heavy-weight shareholders Caisse de Depot et Placement du Quebec and Invesco Canada Ltd., pushed out veteran CEO Robert Dutton amid dissatisfaction with five years of sliding profits.

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S.Gacho says:
Mar-26-2013 10:14 am

There are a lot of home
There are a lot of home improvements in order for a lot of people to live in those kind of house. When you want it as your business, make sure that everything is okay. - Michael Courouleau

S.Gacho says:
Mar-26-2013 10:14 am

There are a lot of home improvements in order for a lot of people to live in those kind of house. When you want it as your business, make sure that everything is okay. - Michael Courouleau

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OPERATIONS

Ace Hardware launches ‘Meet the Aces’ marketing campaign

BY Katherine Boccaccio

Oak Brook, Ill. — Ace Hardware said Tuesday it has unveiled a new marketing campaign, Meet the Aces, designed to promote the hardware co-op/retailer’s personal service.

The new campaign also reintroduces, for the first time in more than 15 years, the words of Ace’s iconic jingle, “Ace is the place with the helpful hardware man,” but changed slightly (from “man” to “folks”) to reflect all Ace associates.

The marketing campaign will employ strategic, integrated marketing initiatives, including national television and print advertising, targeted online and radio spots, rich media, social media, in-store signage, emails to members of the Ace Rewards customer loyalty program, and public relations initiatives.

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S.Gacho says:
Mar-26-2013 10:15 am

Ace hardware is a known
Ace hardware is a known business all over the world. You can find everything you need in order to improve your house. - Michael Courouleau

S.Gacho says:
Mar-26-2013 10:15 am

Ace hardware is a known business all over the world. You can find everything you need in order to improve your house. - Michael Courouleau

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

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