Gap Inc. Q2 Profit Up 10%, Plans for India

Banana Republic stores recently introduced a new look in merchandise

San Francisco—Despite narrowed margins like some other specialty retailers, Gap Inc. reported late Thursday a 10% rise in profit, … [Read more...]

Sears Holdings Q2 Loss Widens on “Unacceptable Sales”

Shop Your Way, Sears Holdings' "successful" loyalty program

Hoffman Estates, IL—Sears Holdings today reported another dismal earnings report. This time, its second quarter profit widened to … [Read more...]

Stein Mart Q2 Profit Down Despite Higher Sales

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Jacksonville, FL—Citing “important initiatives” in place, Stein Mart today reported its second quarter profit fell 49% as costs … [Read more...]

Item of the Day: Harding-Lane

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It reads like one of those B movies. The list of programs in Shark Week which is occurring this week on Discovery.“A great … [Read more...]

With 62% Drop in Q2 Profit, Target Lowers Full Year Outlook

Shopping carts are stacked inside a Target store in Dallas

Minneapolis—As Target cut prices to attract shoppers who were upset with the huge holiday data breach, the mass merchant today … [Read more...]

Macy’s Settles Racial Profiling Charges, Pays $650K

Holiday Shoppers Seek Out Deals On Black Friday

Albany, NY—For the second time in two weeks a New York retailer had settled allegations that it participating in racial … [Read more...]

Urban Outfitters Q2 Profit Falls, But Sales Rebound

From Free People, the Urban Outfitters division that performed best

Philadelphia—Urban Outfitters Inc. reported Monday a lower second quarter profit as the lifestyle retailer was hit by weak margins … [Read more...]

TJX Posts Upbeat Q2, Lifts Full Year Estimate

tjxpics

Framingham, MA— An increase in customer traffic along with higher sales gave TJX Companies an increase in second quarter earnings … [Read more...]

Item of the Day: Liz Soto

lizsoto

A lot of terms in fashion are just bandied about until they become meaningless. That’s nearly what happened with the word … [Read more...]

Shareholder Calls for Executive Changes at bebe, Sell or Take It Private

bebe

Los Angeles--A shareholder who holds approximately three million shares of the common stock of bebe stores, Inc. today called upon … [Read more...]

Dollar General Outbids in Family Dollar Takeover

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Goodlettsville, TN—There seems to be more than a few dollars at stake in this battle.In the latest move to take over Family … [Read more...]

JCPenney Narrows Loss, Beats Expectations

JCPenney storefront

Plano, TX—Who would have thought just a year ago when JCPenney had vultures circling it, that a year later the department store … [Read more...]