New York & Co. narrows loss in Q3
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%.
Wet Seal flat in Q3
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.
Kenco appoints SVP of transportation services
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.