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China
is the New North Pole Christmas cheer started early this year for home-decor retailer Garden Ridge, which emerged from bankruptcy on May 12. The Houston-based, privately held retailer began its 2005 fiscal year with a gross margin increase of 2.2% and earnings growth of $5.9 million in its first quarter ended April 30. For the six-month period ended April 2005, the retailer posted comps growth of 7.2%. Sales continue to perform well throughout the year to date, with comp-store comparisons tracking into low double-digit increases. Read more… =============================================================== CargoNews Asia, Marcia Judd, HoustonFactory-to-store strategy pays off for US retailers Driving efficiencies via supply chain management
improvement is making or breaking retailers these days. Kmart has
suffered due to poor practices, while mega retailers such as Wal-Mart.
and Target Corp have thrived. Houston-based Garden Ridge, a specialty
regional retailer serving the home, garden and craft markets, has
taken a cue from the logistics-savvy retailers. Read
more…
Dallas Morning News Sunday, August 27, 2006 By JEREMY ROEBUCK / Special ContributorNow she's 'mother of the ship'Flower Mound: Japanese company asked woman to christen vessel |
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