View Post

Stage Stores Narrows Q3 Loss

In Industry News, What's New by Accessories Staff

Houston—Stage Stores narrowed its third quarter loss from continuing operations to $5.1 million (17 cents a share share, 16 cents adjusted for discontinued operations) from last year’s adjusted loss of $7 million (22 cents a share). That beat analysts’ predictions of a 20 cent a share loss. Sales of $364 …

View Post

Stage Stores Merges Operations to Houston, Eliminates 180 Jobs

In Industry News, Reports, What's New by Accessories Staff

Houston–Stage Stores Inc. said Monday it will consolidate its regional operations now located in South Hill, Va., into its Houston corporate headquarters—eliminating 180 jobs in Virginia, but adding 75 in Houston. This consolidation into the Houston market is expected to “increase efficiency, create synergies, reduce expenses and enhance growth,” the …