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Stock Market & Financial Investment News

News Breaks
January 2, 2013
16:05 EDTHOTTHot Topic to open approximately 40 new Torrid stores in 2013
"We experienced the positive results from the new merchandising and sourcing strategies at Torrid this quarter, and remain enthusiastic about Torrid as a growth vehicle for Hot Topic, Inc.," said Lisa Harper, Chairman and CEO of Hot Topic, Inc. "At Hot Topic, we continue to see strong results in the fashion apparel and tee businesses, which offset the challenges in accessories. We are excited about the prospects of our businesses in 2013. Based upon our progress and positive outlook, we continue to plan to open approximately 40 new Torrid stores, 15 new Hot Topic outlets and an additional 5 to 10 Blackheart stores in 2013."
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