Nike Scores a Big One: Q4 Profit Up 24%, Sales Up 13%

nike

Beaverton, OR—Even after 51 years in business, Nike is still just doing it.In its fourth quarter earnings report Thursday, the … [Read more...]

Item of the Day: Pugster

anklet

The most important real estate on the body for jewelry has been the wrists where companies have sold millions of charm and … [Read more...]

Target CMO Kathee Tesija Removed to an “Advisory Role”

kathee Tesija

Minneapolis—In the continuing drama lead by Target CEO Brian Cornell as he leads a transformation of the mass merchant, Chief … [Read more...]

Finally: Senate Approves TPA to the Pleasure of the President, Retailers

U.S. Congress

Washington—In the words of NRF President/CEO Matthew Shay today, “it’s refreshing to see Congress finally put good policy ahead of … [Read more...]

After a Year, Alibaba Sells Off its 11 Main Online Marketplace

11main2

San Mateo, CA—Alibaba may boast itself as the largest online and mobile commerce company in the world in terms of gross … [Read more...]

Retailers, Trade Associations Applaud TPA Vote in the House

TPPSLIDEC

Washington—Retailers and industry trade associations today lauded the U.S. House of Representatives for passing a new Trade … [Read more...]

Item of the Day: Six15 Technologies

infinityCloseup-(1)

OK, so maybe these frames might seem a little geeky (which is actually a trend in eyewear), but upon a closer look, you just may … [Read more...]

HBC to Expand into Europe with $2.73B Purchase of German Dept. Store

Galeria Kaufhof store in Frankfort

Toronto—After making inroads into dominating the North American department store market with the addition of Lord & Taylor and … [Read more...]

Streamlining: Gap to Close 175 of its Namesake Stores

Gap

San Francisco—Another retailer to make drastic changes to prevent a further slide in business: this time Gap Inc. said today to … [Read more...]

Neiman Marcus Q3 Swings into Profit as Sales Rise

Fendi mini monster shearling backpack at Neiman Marcus

Dallas—Neiman Marcus Group today reported that its luxury retail business swung into a third quarter profit aided by increased … [Read more...]

Item of the Day: Blumlux

Blumlux_Colts-Pendant

So you lose in the NFL finals to New England earlier this year, leading to one of pro-footballs worse scandals (remember … [Read more...]

Shake Up at J. Crew: Designer Ousted, 175 Jobs Cut

From J. Crew's summer collection

New York—Faced with less-than-superlative sales results and merchandise misfires, J. Crew today announced it would be eliminating … [Read more...]

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