Lancaster-based Burnham Holdings Inc. announced that Douglas S. Brossman will retire as CEO of the company effective April 24, 2023.

Burnham Holdings Inc. reported its financial results for the six months ended July 3, showing a net sales increase of 20% as well as a net loss in the second quarter of $1.1 million.

Citing inflation and other factors that hurt business, Ollie’s Bargain Outlet Holdings Inc. reported a double-digit drop in first-quarter net sales and gross profit.  

Plastic packaging manufacturer Graham Packaging Co., could soon be separated from parent company Reynolds Group Holdings Limited if the company’s initial public offering of common stock is successful.