El Segundo, Calif. -- The fast-growing fashion subscription online retailer, JustFab, announced it has secured $40 million in Series C funding led by Hong Kong-based Shining Capital Management to...
El Segundo, Calif.
El Segundo, Calif. -- Big 5 Sporting Goods reported that its second-quarter profit more than doubled from a year ago on higher sales and expanding margins, but its revenue fell short of expectations....
El Segundo, Calif. -- Big 5 Sporting Goods Corp. reported upticks in net income, sales and same store sales for first quarter fiscal 2013. Net income grew from $156,000 to $7.5 million. Net sales were $246.5 million, up from $218.3 million a year...
El Segundo, Calif. -- Big 5 Sporting Goods Corp.'s quarterly profit beat Wall Street estimates, fueled by strong sales of apparel and footwear. For the second quarter, ended July 1, the company posted net income of $2.6 million. Sales rose 4% to $226.6 million, narrowly missing Wall Street estimates of $227.4 million, which the company attributed to July 4th-related sales shifting to the third quarter. Same-store sales increased 1.0%. Big 5 ended the quarter with 407 stores in operation. It plans on opening three stores, one of which relates to a relocation, and closing two stores, one of which
El Segundo, Calif.-based Mattel Inc. shuttered its Barbie flagship store in Shanghai—after just two years—on March 7. The six-story, 36,000-sq.-ft. store, complete with spa, cafe, design studio, fashion stage and shelves of Barbies and Barbie products, was the company's only standalone store dedicated to the iconic American doll. According to Linda Du, a spokeswoman for Barbie in China, the move was made to reallocate resources elsewhere in the country. The Shanghai Barbie store "has successfully accomplished its mission to promote the overall Barbie brand over the last two years," Du said. "In 2011, Mattel will roll out a new
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