Cato income dips in 2Q
Cato Corp. is reporting second quarter net income of $16 million, or 54 cents per diluted share, down from $16.7 million, or 56 cents per diluted share for the second quarter last year. Sales for the second quarter were $231.9 million, a 3% increase from last year. Second quarter comparable-store sales increased 2%. (CATO) feeds.bizjournals.com |
Battle over booze resumes; rules affect light-beer sales
Though a new state law may prevent Colorado restaurants and liquor stores from selling some popular beers — such as Amstel Light, Heineken Light and perhaps Guinness — proprietors say it won’t have a major effect on business. feeds.bizjournals.com |
Moon rising on affordable women’s fashion retail in Austin
Sam Moon Trading Co. is setting up its largest store in Austin, which the low-cost women’s fashion accessories retailer is touting as a testing ground for national expansion. feeds.bizjournals.com |
Moochie & Co. opening Louisville store
Pet accessory and apparel retailer Moochie & Co. is set to make a tri-state sweep with its flagship mall stores. feeds.bizjournals.com |
State creates new way to get money
New York politicians have come up with another way to raise money from the state’s beleaguered businesses. feeds.bizjournals.com |