Industry News

Havertys Reports Sales for Third Quarter
L Brands Inc on Thursday reported net sales of USD971.4m for the month of September 2016, for the five weeks ended 1 October 2016.. This was a 6% increase as compared to net sales of USD919.9m in September 2015.. For the year-to-date period, net sales were USD7.328bn, up by 4% as compared to net sales of USD7.023bn in the corresponding year-to-date period of the prior year."/>
L Brands’ September 2016 sales up by 6%
Staples Inc announced on Thursday the availability of Apple Pay on its mobile website,, providing customers with an easy, secure and private way to pay that is fast and convenient. The company said its business customers have already been using Apple Pay for purchases within the Staples iPhone app and in Staples' stores. Now, users visiting Staples' mobile website with Safari will have the ability to check out using Apple Pay with just a finger..."/>
Staples announces acceptance of Apple Pay on mobile web
KB Home reported on Friday that its board of directors authorised a common stock cash dividend of USD0.025 per share for the fourth quarter of 2016.. The dividend will be paid on 17 November 2016 to stockholders of record on 3 November 2016.. A large home builder in the US, KB Home constructs sustainable, highly energy and water-efficient homes."/>
KB Home announces dividend of USD0.025 per share for Q4 2016
Buckle Inc reported on Thursday that net sales were USD82.9m for the for the five- week fiscal month, ended 1 October 2016. This was a 14.8% decline over net sales of USD97.4m in September 2015.. Net sales for the year-to-date, 35- week fiscal period ended 1 October 2016, decreased by 11.4% to USD625.8m, as compared with net sales of USD706.2m, in the corresponding year-to-date period of 2015.."/>
The Buckle’s net sales for September 2016 down by 14.8%
Panasonic Corporation, a Japanese multinational electronics group, will enter Thailand's 350- billion-baht property market through a joint venture with a local developer to build housing projects, shopping centres and hospitals in the next two years. Kazuhiko Tanaka, managing director of PanaHome Asia Pacific Pte, said the company is negotiating with a few property companies in Thailand and will chose one as its business partner to jointly penetrate the Thai..."/>
Panasonic aiming to break ground in 2018 [Bangkok Post, Thailand]
NIKE Inc on Friday disclosed that Tom Peddie takes over as new vice president and general manager of North America, succeeding Joaquin Hidalgo, with immediate effect. Hidalgo will be taking a leave of absence to focus on his health. An almost three decade Nike veteran, Peddie has held senior management roles including VP of North America Sales and VP of Global Sales."/>
NIK names Tom Peddie as new VP and GM for North America
XPO Logistics has taken a full lease of the building on Chelsea Road was made jointly Thursday afternoon by the building's developer, Chesapeake Real Estate Group LLC, its financial partner..."/>
Harford lands big e-commerce logistics firm; more than 400 jobs expected in Perryman [The Aegis, Bel Air, Md.]
Dillard's to get their hands on something with her name on it. But this was about more than just makeup. "She's just somebody that everyone wanted to be, every little Latina girl wanted to be," said Reyna Nieto, 22.."/>
MAC Selena draws big crowds [Victoria Advocate, Texas]
MoneyTV with Donald Baillargeon, 10/7
Snapdeal had maximum ads on TV: BARC [Mint, New Delhi]
Delta Lloyd rejects NN Group's takeover proposal
Jack In The Box in 2006, she thought working hard would lead to a steady job that would provide for her family. The single mother of one, now residing in West Philadelphia, said that her decade in fast food was marked by repeated incidents of sexual harassment. "At first it was suggestive jokes," she said."/>
Sexual harassment widespread at fast-food eateries, Philly protest claims [The Philadelphia Inquirer]
Under Armour CEO Kevin Plank's Port Covington project were tough, but not difficult enough to have driven the company's expansion elsewhere, a top deputy said Thursday. Tom Geddes, who runs Plank Industries, said the development team for the $5.5 billion project at times felt that politics and conversations with special interest groups "were going to make it impossible" to carry out the company's full vision for the South Baltimore peninsula."/>
Top Plank official: Under Armour wouldn't leave Baltimore [The Baltimore Sun]
XPO Logistics, headquartered in Connecticut and operating in 34 countries, will occupy a 571,000- square-foot building at the Perryman Logistics Center. The lease expands XPO Logistics' presence in Maryland, where it already serves..."/>
Harford County lands major logistics company [The Baltimore Sun]

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