Bebe has taken significant steps to refocus on the Bebe brand, to preserve cash and to gain operating efficiencies across the organization. The retailer put these measures into effect by making changes in leadership, closing its 2b division and restructuring its corporate office, including retail management.
Several Home Depot customers have filed a class action lawsuit in the United States District Court for the Northern District of Georgia, Atlanta Division, alleging that Home Depot failed to meet its legal obligation to protect their credit card and personal information.
Family Dollar has rejected the revised proposal made by Dollar General on Sept. 2 on the basis of antitrust regulatory considerations. The Dollar General offer may be financially superior, the dollar store operator noted, but it's not likely to pass muster with the Federal Trade Commission.
Shoe Carnival may have had a challenging second quarter thanks to soft store traffic, but the company is looking forward to implementing improved digital capabilities — including the launch of its first-ever mobile app — as part of its aggressive push to evolve the omnichannel shopping experience for its consumers.
Just two days after reporting second-quarter results, Fred's posted August results. Improved sales and traffic in the month were driven, according to CEO Bruce A. Efird, by initiatives that the company implemented for the first time in August.