Barnes and Noble continues to narrow its losses. In the first quarter of fiscal 2015, the company’s comparable sales were bolstered by improving physical book industry trends, merchandising initiatives and store promotions.
Avon EVP and CFO Kimberly Ross, who joined the company in 2011, has resigned effective Oct. 2. VP and corporate controller Robert Loughran will be appointed acting CFO while the company finds a permanent replacement.
Whole Foods is aiming to make life for customers in 15 cities a little more convenient. The company has entered into a partnership with grocery delivery service Instacart that enables customers to have Whole Foods Market products delivered to them in one hour.
The increasingly competitive yoga apparel category just got a little more crowded. Sports Authority has launched an exclusive yoga line called Bloom, which it says it created specifically for women who enjoy being connected to the outdoors.
Walgreens has appointed Barry Rosenstein, managing partner JANA Partners, and a second new director to be named to its board of directors as the company continues moving forward to complete its merger with Alliance Boots.
Target is expanding its TargetExpress format outside the Minneapolis area for the first time. The retailer plans to open two new stores in San Francisco’s financial district and Berkeley, California, in March 2015.