Francesca's Holdings reported fiscal fourth-quarter earnings that fell 29%, and the retailer is blaming it on the harsh winter weather. CEO Neill Davis said store closures due to extreme winter conditions hurt results. Davis said the negative trends have continued into the current quarter, hurting the retailer's ability to clear out fall and winter merchandise. He added that the company's quarterly outlook reflects its expectation that customer traffic will remain soft this quarter.
Brittany joined TheStreet.com TV in November 2006 after completing a degree in Journalism and Media Studies at Rutgers College. Previously, Brittany interned at the local ABC affiliate in New York City WABC-TV 7 where she helped research and produce On Your Side, a popular consumer advocacy segment.