in a news release, bonnie brooks, the company’s president and ceo, said the retailer has seen continued sales improvement at its same stores across all of its brands “for the first time in several years.” the company now expects total sales and sales at its same stores to be flat across its three primary brands in the fourth quarter, when compared to a year ago. based on its stronger quarterly performance, chico’s fas now anticipates its adjusted gross margin as a percent of sales to be flat over the year for the fourth quarter, instead of down by 100 to 150 basis points as it previously estimated. about a year ago, the company announced plans to close at least 250 stores and to expand a review of its operations as part of its efforts to cut costs and improve profitability in a challenging retail environment.
according to the southwest florida economic development alliance, it had more than 1,100 employees in the county as of 2017, most of whom work at its headquarters. in other news, chico’s fas has announced the resignation of its chief financial officer todd vogensen, saying he would step down jan. 17 to “accept a cfo position with another company.” on thursday, party city holdco inc., the holding company for the party store retailer, announced it has hired vogensen as its cfo, effective feb. 3. in his new role, the company said in a news release that vogensen will report directly to chief executive james m. harrison and oversee all aspects of finance, business development and investor relations, while helping to develop and execute a multi-channel growth strategy. “i look forward to working with the entire team to further enhance the company’s financial and operational performance,” he said.
chico’s chief financial officer todd e. vogensen is leaving the company. meanwhile, after strong promoted to evp – chief financial officer in june 2014. joined chico’s fas, inc. in october 2009, and steadily taken on chico’s fas, inc. (nyse: chs) today announced that executive vice president and chief financial , todd vogensen, todd vogensen, chico’s fas, chico’s executive team, chico’s ceo fired.
news nominations : women’s clothing retailer chico’s fas inc appointed pamela knous as chief financial officer. party city holdco inc. appointed todd vogensen as its new cfo, ef-fective feb. 3. he will oversee previous cfo resigned in early 2019. party-goods company party city has named todd , chico’s fas headquarters, chicos linkedin, chico’s board of directors, chico’s covid
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