Target Plans to Cut “Several Thousand Jobs” Under New Cost-Cutting Plan

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Minneapolis—Target Corp. plans to cut several thousand jobs as the mass merchant embarks on a restructuring plan that is supposed … [Read more...]

Kate Spade Q4 Sales Jump 45% But Outlook Disappoints

Nonagenarian fashion icon Iris Apfel with Karlie Kloss in kate spade new york's Spring campaign

New York—Kate Spade & Co. reported today that fourth quarter profit missed estimates dented by its exit of Kate Spade Saturday … [Read more...]

Stage Stores Q4 Profit Beats, Sales Rise

Prom destinations at Stage Stores

Houston—Stage Stores Inc. today posted a fourth quarter net income increase that beat expectations while the department stores … [Read more...]

JCPenney’s Q4 Earnings Miss Dents Shares, But Sales Improve

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Plano, TX—JCPenney once again saw its shares battled after reporting late Thursday that its adjusted fourth quarter earnings were … [Read more...]

Gap Inc. Q4 Earnings Beat Estimate as Old Navy Leads Sales Gain

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San Francisco—Gap Inc. reported Thursday afternoon a better-than-expected fourth quarter earnings helped by strong increases again … [Read more...]

Ross Stores Q4 Top Views, Plans $1.4 Billion Buyback

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Pleasanton, CA—“Robust comparable sales gain” and improved gross margin helped Ross Stores into a 14% increase in its fourth … [Read more...]

Kohl’s Q4 Results Beat Estimates, to Increase Omnichannel Spending

Kohl's introduces the LC Lauren Conrad collection, a modern interpretation of the timeless tale, Cinderella

Menomonee Falls, WI—Kohl’s Corp. reported today a better-than-expected fourth quarter as its comparable store sales … [Read more...]

Chico’s to Close 120 Stores; Takeover Plans Abandoned

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Fort Myers, FL—Chico’s FAS said today it plans to shutter 120 stores by 2017, and slow down opening new stores. The women’s … [Read more...]

Iconix Q4 Profit Down; But Outlook Up

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New York—Iconix Brand Group Inc. reported today its fourth quarter profit was down 9% but looking ahead the brand licensing … [Read more...]

Target Swings into Q4 Loss on Exit from Canada, But Sales Increased

Shopping carts are stacked inside a Target store in Dallas

Minneapolis—Target Corp. reported today that it swung into a fourth quarter loss, hurt by a major loss from its exit from Canada. … [Read more...]

Macy’s Inc. Issues Weak Outlook as It Invests in New Initiatives

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Cincinnati—Talking up its new endeavors, such as an off-price chain, Blue Mercury, omnichannel selling etc., Macy’s Inc. today … [Read more...]

Steven Madden Q4 Profit Drops But Better-Than-Expected

Founder Steve Madden to appear on HSN tonight to talk trends and the Brice platform

Long Island City, NY—Noting a lack of footwear trends in the market, Steve Madden Ltd. reported a fourth quarter earnings and … [Read more...]