Tile Shop net income falls in Q2
Minneapolis – Tile Shop Holdings Inc. reported a 38% dip in net income during the second quarter of fiscal 2014 compared to the same period a year earlier. Net income fell to $3.96 billion from $6.48 billion, with Tile Shop citing adverse macroeconomic conditions, including home sales, as having a generally negative impact on the business.
Net sales rose 15% to $66.7 million for the quarter compared with $58.1 million, largely driven by sales from stores not included in the same-store sales base. Same-store sales increased 0.3%. For the full fiscal year, Tile Shop expects same-store sales to range from flat to a single-digit increase.
Men’s Wearhouse Q2 same-store sales up 3.6% so far
Fremont, Calif. – The Men’s Wearhouse reported same-store sales growth of 3.6% for the second quarter of fiscal 2014 as of July 19. The retailer’s second quarter ends Aug. 2.
In addition, as of July 19 same-stores sales in Men’s Wearhouse’s Jos. A. Bank division, which was purchased in June 2014, were up 2.4%. Same-store sales at the Moore’s division were up 8.3%.
Dunkin’ Donuts partners with Discovery Channel for ‘Shark Week’ promo
Canton, Mass. — Dunkin’ Donuts is partnering with Discovery Channel to create an omnichannel marketing promotion for Discovery Channel’s upcoming “Shark Week” programming event the week of Aug. 10. To kick-off the partnership, beginning July 29 customers can "Take a Bite, Take a Pic."
Anyone who shares a selfie taking a bite out of a Dunkin’ Donuts breakfast item on Twitter or Instagram using the special hashtag #DDSharkWeek is eligible to win prizes including a $100 Dunkin’ Donuts Card and a Shark Week Prize Pack. Participants may also be featured on Discovery Channel’s "Shark After Dark.” Winners will be announced and their photos revealed on the show. The winning pictures also may be featured on Dunkin’ Donuts’ billboard in Times Square.
Dunkin’ Donuts and Discovery Channel are also offering their fans an interactive TV experience for Shark Week, designed and developed by Dunkin’ Donuts’ agency of record Hill Holiday, on the Xbox One video game and entertainment system from Microsoft. Fans who are watching Shark Week through their Xbox One can "snap" their Internet Explorer browser window to the edge of their TV screen that will provide a live feed of #SharkWeek social content, interactive quizzes, real time polls, and more while they continue to watch live programming on Discovery.