Under Armour opens pop-up in Manhattan
New York City Under Armour has opened its first-ever pop-up store, on West 57th Street in Manhattan, just in time for the holidays and the 2010 Winter Olympics in Vancouver, Canada.
The 3,300-sq.-ft. store showcases the range of the company’s athletic apparel and accessories, and also displays several of the uniforms for the United States Olympic Team members who will be competing in Vancouver.
Talbots income up, sales down
HINGHAM, Mass. Talbots reported adjusted third-quarter net income from continuing operations of $17.2 million or 31 cents per diluted share, excluding restructuring and impairment charges, compared with last year’s net loss of $12.4 million or 23 cents per share on a comparable basis.
Total sales from continuing operations for the third quarter were slightly better than company expectations and were $308.9 million compared to last year’s sales of $357.3 million, Talbots reported. Comparable-store sales declined 15.9% for the thirteen-week period.
For the fourth fiscal quarter of 2009, the company currently anticipates a loss from continuing operations in the range of 6 cents to 14 cents per share, excluding restructuring and impairment charges and other special items. This anticipated result is based on a top-line sales decline planned to be in the range of approximately 6% to 8%. Talbots expects fourth-quarter top-line sales to be impacted by reduced levels of markdown merchandise.
Winn-Dixie names group VP perishables
JACKSONVILLE, Fla. Winn-Dixie Stores announced the appointment of James Smits as group VP perishables. In this role, he will be responsible for all aspects of sales and merchandising for the grocer’s perishable departments and will report directly to Winn-Dixie’s chief merchandising and marketing officer Dan Portnoy.
Most recently, Smits served as the group VP fresh food merchandising at Supervalu. He began his career at H.E. Butt Grocery Company, where he spent 23 years. While there, he rose to become both VP produce and floral marketing and procurement and VP marketing and merchandising of their North Texas region.