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Kirkland s SVP leaving | Area Stocks | nashvillepost com
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Kirkland s board adds Chico s veteran | Area Stocks
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Dollar General executives are seeing promising results from their new concept focused on home decor, health and beauty and entertaining items â which has them ready to step on the gas in a big way.
Goodlettsville-based Dollar General last fall launched Popshelf as a way to attract younger and higher-income shoppers looking for âsurprise-and-delightâ moments for themselves or their homes (read more on that
here). The first two stores in Hendersonville and Clarksville have since been joined by four in Georgia (where two more will open soon) and three in North Carolina (which will be supplemented by another in the near future).
E-commerce surge more than offsets December store disruption
Shares of Kirkland’s rallied nearly 10 percent Friday after the home goods retailer’s executives previewed better-than-expected fourth-quarter results and said their January sales were up more than 15 percent from the mark of a year ago.
In his team’s Q4 pre-announcement, CEO Woody Woodward said COVID-19’s December resurgence led to weaker store traffic but that the company’s e-commerce operation more than offset that decline by climbing about 35 percent. (Online sales popped a whopping 60 percent in January.) Total sales are
expected to come in at $195 million, down 7 percent from the prior-year period when Brentwood-based Kirkland’s ran 59 more stores.