Carle Place, N.Y. – 1-800-Flowers.com reported a net loss of about $4.5 million during the first quarter of fiscal 2014, essentially unchanged from the prior year. Revenues grew 2.9% to $123...
SEATTLE, WA (BRAIN)REI this week reported an 8.4 percent jump in annual sales for 2011, to $1.66 billion, but operating income was down slightly, to $116.2 million from 2010s record $116.6 million. Net income was flat compared with 2010 at $30.2 million. We experienced strong sales in 2011. However, because winter weather failed to arrive, our profitability was impacted, said Brian Unmacht, REIs executive vice president. Looking ahead, our underlying strong financial position allows us to continue our growth plans and invest in ways that make it easy for customers and members to shop REI however they wishonline, on
SEATTLE , March 14, 2012 /PRNewswire/ -- REI ( Recreational Equipment, Inc .), a national retailer of quality outdoor gear and apparel, today announced 2011 sales of $1.80 billion , up 8.4 percent from $1.66 billion the previous year. Operating income was $116.2 million , down slightly from $116.6 million in 2010. Net income was $30.2 million , relatively flat to 2010. As the country's largest consumer cooperative with a significant membership base, REI welcomed nearly 842,000 new members in 2011, up 7 percent from 2010. (Logo: http://photos.prnewswire.com/prnh/20120306/SF65403LOGO ) "We experienced strong sales
Canton, Mass.-based Casual Male Retail Group Inc. has opened a new DestinationXL store in Carle Place, N.Y. The company plans to open up one more DXL store in 2011, another 20-30 stores during 2012 and approximately 100 stores over a four- to five-year period. In addition, the company recently launched a DXL website, DestinationXL.com, with a multichannel solution that enables customers to shop across all brands and product extensions. Currently, the company operates 428 Casual Male XL retail and outlet stores, 14 Rochester Clothing stores, 15 DestinationXL stores and direct-to-consumer businesses, which include several catalogs and e-commerce sites. SAVE
1-800-Flowers.com announced the signing of a 45-store franchise development agreement for its Fannie May Fine Chocolates division with GB Chocolates. The agreement calls for 45 new Fannie May franchise stores beginning in December 2011, with all open and operating by year-end 2014.
REI (Recreational Equipment, Inc.) said Tuesday it will open stores in Yonkers, N.Y., Carle Place, N.Y., and Paramus, N.J., in spring 2011.