TCBY to open flagship and training center in Colorado
Broomfield, Colo. — TCBY, The Country’s Best Yogurt will open a flagship in Broomfield, Colo., which will also serve as the company’s training center for its domestic and international franchisees.
Located at the base of its corporate headquarters at Arista Place, construction of the new store will begin in December with a target opening date scheduled for early March 2013. In addition to the company’s TCBY and Greek soft-serve frozen yogurt, the corporate location will also introduce its first Live Culture bar featuring fresh Greek yogurt and antioxidant juices used to create delicious smoothies.
ALCO Stores reports favorable quarterly results
ABILENE, Kan. — Broad-line retailer ALCO Stores asserted that it is off to a favorable start this holiday season, after reporting a 2.7% in sales from continuing operations for the quarterly period ending November 25.
ALCO reported a profit for the fiscal four-month period ending November 25, showing an increase of $42.4 million from $41.3 million during the same period last year. Its same-store sales dipped 1.7% from a year earlier. Year-to-date figures also increased 1.8% to $383 million from $376.2 million during the same period last year. Year-to-date same-store sales dipped 1.3% from last year.
“We are pleased with ALCO’s 2.7% increase in total sales, which reflects a good start to the holiday shopping season and the contribution of our newer stores,” said Rich Wilson, president and CEO. “In particular, sales at our two newest locations in Cut Bank, Montana, and Tioga, North Dakota, are both exceeding forecast. On a same-store basis, performance in November was strong in key holiday-season businesses, primarily toys, electronics, housewares, domestics, stationery and Christmas. In addition, the food and consumables businesses delivered same-store sales increases for November. Decreases in our apparel business negatively impacted the total same-store sales by 2.3%, primarily as a result of lower sales of cold-weather apparel.”
The retailer, which has been in business for 111 years, is primarily located in small underserved communities across 23 states and operates a total of 217 stores that offer both brand name and private label products.
Black Diamond bolsters senior leadership team
SALT LAKE CITY — Black Diamond, a provider of outdoor recreation equipment and active lifestyle products, beefed up its senior leadership team with four new hires. The newly created positions are intended to bolster the company’s operational and sales teams, domestically and internationally.
"These four exceptional new hires mark the culmination of our two-year process to invest in the people necessary to support our global platform," said Peter Metcalf, president and CEO of Black Diamond.
Nietzer, a Swiss national, has been appointed as Black Diamond’s new director of European sales for Black Diamond equipment. Nietzer has previously been director of European sales for Burton, Red and Anon, where he was specifically responsible for apparel and winter sports hard goods. Prior to that, he held various positions at Johnson & Johnson, UBS and Credit Suisse. Nietzer will be based in Black Diamond’s Basel, Switzerland offices.
Campbell has been appointed as the new European financial controller for Black Diamond. A dual citizen of Australia and France, Campbell previously served as the finance and human resource director for Pure Fishing, a subsidiary of the Jarden Corporation, as well as various positions at Patagonia Europe and Price Waterhouse Coopers Australia.
Israel has been hired as Black Diamond’s product lifecycle management global integration coordinator. Israel’s previous work experience includes senior director of information technology for Volcom North America and senior manager for Deloitte & Touche’s North American controls assurance. He also served in various positions within consulting and enterprise risk services for Deloitte & Touche in Paris, France.
Linden has been hired as Black Diamond Equipment’s design director of apparel. Linden’s has previously held senior European design positions at O’Neill and Rip Curl, as well as various creative roles with Quiksilver and Patagonia in North America. Dutch-born Linden will be based in Salt Lake City, Utah, to support the fall 2013 global apparel launch and lead the creation of future collections.