Hot Topic CMO Resigns
City of Industry, Calif. Hot Topic, Inc. has announced that Maria Comfort, formerly the chief merchandising officer of the company’s Hot Topic division, has resigned to pursue other opportunities.
The company did not say who would replace her. It said only that in addition to her responsibilities as CEO of Hot Topic, Betsy McLaughlin will continue to lead the Hot Topic division.
Spartan Stores 1Q sales up 12.8%
GRAND RAPIDS, Mich. Spartan Stores reported that net sales for the first quarter increased 12.8% to $586.7 million from $520.2 million in last year’s first quarter.
Net earnings for the quarter increased 52.2% to $9.9 million, or 46 cents per diluted share, from $6.5 million, or 30 cents per diluted share, in the same period last year.
Fresh & Easy opens 20th store in Phoenix
PHOENIX Fresh & Easy Neighborhood Market has opened its 20th store in Phoenix, bringing its total number of U.S. stores to 67.
Fresh & Easy also announced four upcoming store openings in the Phoenix area, including the grocer’s first in Tempe, Ariz.