Full Price Sales Help Urban Outfitters into a 25% Profit Increase


Philadelphia—Urban Outfitters Inc. said Monday afternoon that more full price sales and improved gross margin resulted in a 25% … [Read more...]

Saks Inc. Swings into Larger-Than-Expected Q2 Loss

Proenza Schouler handbags at Saks Fifth Avenue

New York—While Saks Inc. has 40 days to find another company to outbid Hudson’s Bay Company’s $16 a share (about $2.4 billion) … [Read more...]

JCPenney to Allow Ackman to Sell a Majority Stake


Plano, TX—William Ackman, the activist board member at JCPenney whose Pershing Square Capital hedge fund is the retailer’s largest … [Read more...]

Despite Q2 Profit Rise, Nordstrom Lowers Full Year Forecast


Seattle—Shares of Nordstrom fell in early trading today after the retailer reported Thursday afternoon that it lowered its full … [Read more...]

Walmart Cuts Full Year Profit Forecast as Shoppers Cut Back

Walmart checkout

Bentonville, AR—Confirming a concern that middle income consumers have been reluctant to spend on discretionary purchases, Walmart … [Read more...]

Kohl’s Q2 Results Match Expectations; Increases Full Year Outlook

Kohl's holds back-to-school Pinterest contest

Menomonee Falls, WI--Following disappointing Q2 sales results from Walmart and Macy’s, Kohl’s today saw its shares rise as its … [Read more...]

Lower Costs Ease Dillard’s into Better-Than-Expected Q2 Profit

Dillard's store

Little Rock, AR—Dillard’s Inc. reported Wednesday a second quarter profit increase that beat analysts’ estimates as the department … [Read more...]

H&M’s July Comp Sales Stumble

H&M is inviting consumers to its Paris Show Collection preview at a special pop up store in New York, August 22 to 24 at
. Gansevoort Plaza on Gansevoort St. (between Hudson and 9th Ave.)

Stockholm—U.S.-based retailers aren’t the only ones reporting softening sales. H&M, the world’s second largest fashion … [Read more...]

Macy’s Inc. Lowers Full Year Outlook on Disappointing Q2 Results

Macy's Inc.

New York—Macy’s Inc. today reported “disappointing” second quarter earnings with weaker-than-expected profits. The department … [Read more...]

Turnaround Costs Push Caché into Q2 Loss

New LBD from Cache's fall collections

New York—Costs of its turnaround efforts cut into Cache Inc.’s latest earnings, pushing the specialty retailer into a second … [Read more...]

The Controversial William Ackman Leaves JCPenney’s Board

Bill Ackman

Plano, TX—In an effort to calm the riff that erupted publicly among JCPenney’s board of directors, William Ackman, the activist … [Read more...]

Commerce Dept: July Retail Increases The Largest Since December 2012

Back to School

Washington—Retail sales edged up in July helped by increases in clothing and general merchandise stores, the U.S. Department of … [Read more...]