News

Webinar: Simplifying Retail Business Intelligence

BY CSA STAFF

New York City — Chain Store Age will present a Webinar on Tuesday, April 26, at 2 p.m. EST (11 a.m. Pacific) that will include results of its exclusive survey on how retailers are using business intelligence tools.

Sponsored by Oracle and Deloitte Consulting, the Webinar will also look at how enterprise-wide business-intelligence system can provide stakeholders with a 360-degree view of the company’s core business functions: operations, merchandising, pricing and customer experience.

Click here to register for the Webinar.

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FINANCE

RadioShack profit down 30% on costs

BY CSA STAFF

Fort Worth, Texas — RadioShack Corp.’s first-quarter earnings fell 30% amid higher costs and lower margins. The company also lowered the high end of its full-year earnings estimate.

RadioShack reported net income of $35.1 million, down from $50.1 million a year earlier.

Revenue for the three months ended March 31 rose 2% to $1.06 billion, boosted by 11% growth in mobile devices.

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FINANCE

Party City Holdings files $350 million IPO

BY CSA STAFF

Elmsford, N.Y. — Party City Holdings, parent company of Amscan Holdings, has filed an initial public offering of $350 million of common stock as it raises funds to pay down debt.

It intends to list under the symbol PRTY. Current stockholders are also likely to sell shares alongside Party City in the IPO.

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