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New York & Co. narrows loss in Q3

BY Katherine Boccaccio

New York — New York & Co. reported a loss of $3.4 million for the quarter ended Nov. 2, compared with a loss of $3.8 million in the same period last year.

Sales fell to $217.6 million, from $219.3 million, and same-store sales increased 3%.

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Wet Seal flat in Q3

BY Katherine Boccaccio

Foothill Ranch, Calif. — Wet Seal recorded a loss of $14.9 million for the fiscal 2013 third quarter, essentially flat with last year.

Sales dipped to $127.7 million from $135.5 million, and same-store edged up 0.8%, including an increase of 1.7% at Wet Seal and a decrease of 6.7% at Arden B.

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Kenco appoints SVP of transportation services

BY CSA STAFF

Kenco, a leading provider of integrated logistics solutions, real estate services and material handling equipment, has named Kevin S. Fletcher as SVP of Kenco Transportation Services.

In addition to his transportation-leadership responsibilities, Fletcher will be responsible for account management, business development and strategic planning.

“Kevin’s expertise encompasses each aspect of our current transportation solution — brokerage, transportation management, and asset-based fleet operations,” said David Caines, president of Kenco Transportation Services.

Fletcher has nearly 30 years of experience and has held management positions at carrier, shipper and third-party logistics companies. He was most recently with Landstar, where he was EVP of logistics services. Fletcher is a graduate of Auburn University.

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