This is the first time FedEx has announced its Ground increase prior to UPS. In the past, UPS would set the Ground increase and FedEx would quickly match it. The industry now turns its attention to UPS in anticipation of its 2015 general rate increase announcement in the coming weeks. Does UPS match the FedEx rate increases, or will it change pricing to compete with new, sharply discounted USPS Priority Mail pricing?
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Unfortunately, it's not a question of if, but when your company will experience a data breach. Whether caused by a hacker, equipment failure, theft, disgruntled employee or a vendor error, most retailers will experience an incident resulting in the unauthorized disclosure of confidential customer or employee information. According to the Open Security Foundation and security consultancy Risk Based Security, last year set a record for the number of reported data breach incidents — 2,644 incidents, more than double the number in 2011, which previously had been the highest amount in one year.
bebe stores, inc. (Nasdaq:BEBE) today reported retail sales from continuing operations of $108.0 million for the third quarter ended March 31, 2012, an increase of 7.1% compared to $100.8 million for the third quarter ended April 2, 2011. As previously disclosed, beginning in fiscal 2012, the Company reports comparable store sales results inclusive of our on-line store. Same store sales for the fiscal quarter ended March 31, 2012 increased 7.2% compared to a decrease of 0.7% in the prior year. As a reminder, bebe total sales, which we will disclose in our earnings release, also include wholesale and other
-- Net sales increased 18.5% to $551.4 million with comparable sales increasing 12.8% FORT MYERS, Fla., Aug. 17, 2011 -- /PRNewswire/ -- Chico's FAS, Inc. (NYSE: CHS) today announced its financial results for the fiscal 2011 second quarter and six months ended July 30, 2011. (Logo: http://photos.prnewswire.com/prnh/20091112/FL09527LOGO ) Net Income and Earnings per Share The Company reported an increase of 47% in earnings per share with net income totaling $43.4 million, or $0.25 per diluted share for the second quarter compared to net income of $30.5 million, or $0.17 per diluted share for the same period last year.
/PRNewswire/ -- Chico's FAS, Inc. (Logo: http://photos.prnewswire.com/prnh/20091112/FL09527LOGO ) Commenting on the appointment, Mr. Dyer said, "Pam Knous brings 20 years of retail finance experience to Chico's FAS and will play a key role in our efforts to become a leading earnings growth company among specialty retailers." Ms. Knous, 57, served as Executive Vice President, Chief Financial Officer of SUPERVALU INC. from September 1997 to July 2010, where she was responsible for finance, accounting, information technology, strategic planning, investor relations, and its Bristol Farms operation. Before joining SUPERVALU, Ms. Knous was Executive Vice President, Chief Financial Officer and Treasurer of
Chico's FAS today announced its financial results for the fiscal 2011 first quarter ended April 30. The company reported net income of $45.9 million, or $0.26 per diluted share, for the first quarter of fiscal 2011 compared to net income of $35.4 million, or $0.20 per diluted share, reported for the same period last year.