Stein Mart Q4 Profit Soars 65% on Strong Sales Gains

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Jacksonville, FL—Stein Mart Inc. ended its fiscal 2014 with a surge in profit and sales in its fourth quarter. For the quarter … [Read more...]

Wall Street Pounds Vera Bradley on Dismal Forecast, Lower Sales

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Fort Wayne, IN—Wall Street pounded shares of Vera Bradley Inc. after the handbag and accessories company gave a dismal forecast … [Read more...]

Once Again, Frigid Weather Freezes February Sales

Store closing sale at Target

Washington—For the third straight month, February retail sales declined. According to the U.S. Department of Commerce, retail … [Read more...]

Bon-Ton Q4 Profit Boosted by Insurance Gain

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York, PA—Bon-Ton Stores Inc. today reported a 17% rise in its fourth quarter profit that benefitted from a fire insurance … [Read more...]

Express Q4 Earnings Beat Expectations as Promotions Reduced

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Columbus, OH—Express Inc. reported today that a decline in its fourth quarter profit though it and its holiday sales beat … [Read more...]

Target Fires 1,700 Employees, Eliminates 1,400 Other Positions in Restructuring Plan

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Minneapolis—Target Corp. axed some 1,700 employees today and is eliminating another 1,400 “unfilled positions” as part of its … [Read more...]

Going-Out-of-Business Sales Begin at All Caché Stores

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New York—Great American Group, a provider of advisory and valuation services, asset disposition and auction solutions, and a … [Read more...]

Urban Outfitters Q4 Profit Beat Estimates, Sales Up at Namesake Stores

A soft palette of "air-infused hues and watercolor washes" at Urban Outfitters' Free People stores

Philadelphia—Urban Outfitters Inc. reported Monday afternoon a better-than-expected fourth quarter profit, aided by sales … [Read more...]

The Apple Watch: A Game Changer in Timepieces?

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San Francisco--"I've been wanting to do this since I was 5 years old," said Apple CEO Tim Cook today as he unveiled more details … [Read more...]

Foot Locker’s Q4 Slam Dunk: Beats Estimates (Again)

ALIFE, a NYC staple, celebrate its 15th anniversary by  collaborating with Puma on a skate-inspired collection using reflective material.

New York--Thanks to continued sales increases, Foot Locker Inc. today reported a 21% increase in its fourth quarter profit. For … [Read more...]

Abercrombie & Fitch Q4 Profit Falls on Dismal Sales

A more clean cut Americana image is replacing former CEO Mike  Jeffries' longtime more provocative imagery at Abercrombie

New Albany, OH—Another bleak day for beleaguered Abercrombie & Fitch. The teen specialty retailer reported its fourth quarter … [Read more...]

Ascena Q2 Profit Plunges, Maintains Outlook

Comp sales drop at Ascena's Justice stores

Mahwah, NJ—Ascena Retail Group’s stock took a hit of more than 6% after the specialty retailer reported Tuesday second quarter … [Read more...]