State of Mobile Commerce Report Reveals The Purchasing Power Unleashed by Mobile

Mobile Commerce

New York—Mobile now accounts for more than 30% of e-commerce transactions globally and more than 27% of e-commerce transactions in … [Read more...]

HBC Q3 Loss Narrows, Sales Double with Saks’ Help

One-of-a-kind creations by Michael Southgate featured in Saks Fifth Avenue flagship's Holiday Windows

Toronto—Its acquisition last year of Saks Inc. enabled Hudson Bay Co. to nearly double its retail sales and post a smaller third … [Read more...]

Belk Q3 Profit Falls on Increased Expenses

From Belk's Wish Book

Charlotte, NC—Belk Inc. reported today that it swung into a third quarter loss due toexpenses from its new strategic … [Read more...]

Item of the Day: Mastoloni

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Give an inch to some people and they’ll take a mile (you know whom we speak of). So what do you get when you take 100 inches? A … [Read more...]

Sears Holdings to Close 235 Stores By Year’s End

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Hoffman Estates, IL—There was plenty of hype around Sears and Kmart stores during Black Weekend, but the news 10 days later isn’t … [Read more...]

Genesco Plunges on Dismal Q3 Earnings, Outlook

journeys

Nashville, TN—Shares of Genesco plunged in trading Friday after the athletic footwear and headwear retailer reported a “dismal” … [Read more...]

Item of the Day: NYC Subway Line

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Some days the NYC Subway is the bane of our existence. Your regular train goes out of service due to “an incident” at a nearby … [Read more...]

November Retail Sales Comps Beat Estimate

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New York—November comparable store may actually have not only beat economists’ estimates, but also surprised some retailers.In … [Read more...]

2015 Headwear Hall of Fame Inductees Announced

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New York—A former 007, the 80s icon who played Alexis and a country music impresario are among the notables who have been named … [Read more...]

Prada Q3 Profit Plummets as Sales Slowdown

PRADASPHERE: A special exhibition exploring the universe of Prada.

Milan--Prada reported today that its third quarter profit dropped 44% as sales declined. The luxurygoods company said it plans to … [Read more...]

Ascena Earnings Increase Despite Lower Sales, Higher Costs

Burgundy for holiday parties at Lane Bryant, a division of Ascena

Suffern, NY--Ascena Retail Group Inc. Tuesday reported an increase in profit for the first quarter despite lower revenues and … [Read more...]

Item of the Day: Tous

tous

What would we do without the look of exotics? Handbags, belts, small leathergoods, even shoes, wouldn’t have the same interesting … [Read more...]