Cato Q1 Profit Down 3% on Softer Sales

The mint trend in spring accessories at Cato Fashions

Charlotte, NC—Cato Corp. said today its first quarter profit declined 3% as sales fell due to “difficult economic conditions,” … [Read more...]

Item of the Day: Loewe

Tales of Spain

Item of the Day: Loewe Although renowned for its artisan-made leathergoods, Loewe isn’t a brand one would normally associate with … [Read more...]

Weak Sales Cut Target’s Q1 Profits by 29%

Logo on the Lawn

Minneapolis—Following up its April warnings that its first quarter results would be weaker than expected, Target Corp. today … [Read more...]

TJX Q1 Profit Up 8% on Comp Sales, Margins

TJX Cos.

Framingham, MA—TJX Companies, one of the largest off-price retailers, said Tuesday that its fiscal first quarter profit rose 8% as … [Read more...]

Neiman Marcus Alters Approach to Chinese Market

Home page for Neiman Marcus' Chinese website

Dallas—With many top luxurygoods brands warning of a slowdown in China, Neiman Marcus seems to be taking a cautious … [Read more...]

Burberry Gains 14% Profit as Asia Sales Prosper

British musician Sophie-Rose Harper in the latest Burberry Spark Sunglasses campaign

London—In what was viewed as a dramatic turnaround in the luxury market, Burberry Group PLC today reported a pretax profit ahead … [Read more...]

Saks Inc. Beats Earnings Estimates Despite 38% Profit Decline

Saks Fifth Avenue flagship

New York—Saks Inc. today reported that its first quarter profit sank 38% from last year, but its adjusted figures actually beat … [Read more...]

Urban Outfitters Q1 Profit Jumps Despite Sales Miss

Image from Urban Outfitters' Bazaar Pop-Up shoot

Philadelphia—Urban Outfitters Inc. Monday reported a 39% increase in profit in its first quarter, helped mainly by higher sales … [Read more...]

Rodale Adds Shopping to Its Healthy, Eco-Friendly Business

Rodale's

New York—Long known for being a leader in the American organic movement as well as a supporter of healthy living through its … [Read more...]

JCPenney Q1 Loss More Than Doubles

JCPenney recently hailed the return of its private label brand, St. John's Bay, which Ron Johnson had eliminated.

Plano, TX—"We recognize the magnitude of the challenges that we face, and we believe we can put JCPenney back on a pathway to … [Read more...]

Nordstrom Q1 Hits Chill, Misses Forecasts

Handbags were a bestselling category during Nordstrom's first quarter

Seattle—Shares of Nordstrom dropped Thursday after the retailer reported weaker-than-expected first quarter earnings due to cold … [Read more...]

Stage Stores Swing into Wider Q1 Loss on Costs, Slowed Sales

Stage Stores

Houston—Blaming cooler weather that hindered consumers from shopping for spring merchandise in March and April, Stage Stores Inc. … [Read more...]