Bentonville, AR—Walmart reported today that its fourth quarter earnings were less than a year ago, but that its U.S. division is … [Read more...]
Retailing
Holiday Sales Success Buoys Macy’s Inc. Q4 Results
Cincinnati—Citing holiday sales that beat its management’s forecasts, Macy’s Inc. today reported a 12% in its fourth quarter … [Read more...]
Saks Q4 Beats Estimates as Demand for Luxury Rises
New York—Buoyed by the upward swing in luxury sales, Saks Inc. reported today that its fourth quarter profit and sales beat … [Read more...]
Nordstrom Posts Strong Q4, But 2012 Outlook “Timid”
Seattle—Nordstrom Inc. reported Thursday that its fourth quarter profit edged up as comparable store sales improved. But its … [Read more...]
L.L.Bean Opens Its Archive for 100th Anniversary Book
Freeport, ME--In honor of its 100th Anniversary, L.L.Bean opened its archives for a revealing look at its history for a new book: … [Read more...]
Abercrombie & Fitch Q4 Profit Plunges, but Confident for 2012
New Albany, OH—Although Abercrombie & Fitch’s fourth quarter earnings plummeted 79%, news that its international sales and … [Read more...]
Saks to Open Online Distribution Center in Tennessee
La Vergne, TN—Saks Inc. reported this week that it plans to build a new 564, 000 square foot distribution facility here adding … [Read more...]
Urban Outfitters Q4 Sales, Inventory Levels Improve
Philadelphia—Urban Outfitters reported today that its fourth quarter sales rose 9% as it lowered inventory levels amid higher … [Read more...]
Mall Holding Valentine’s Day Billboard Contest
Culver City, CA—Let Westfield Culver City play cupid this Valentine’s Day. The shopping mall is helping one lucky winner show … [Read more...]
Payless to Add Franchises in Korea, Southeast Asia
Topeka, KA—As part of its franchise expansion plan calling for 700 additional stores in new and existing countries by 2014, … [Read more...]
Banana Republic to Answer “Maddicts”’ Fashion Demands Again
New York—There are some 51 days until the two-hour premiere of season five of AMC’s “Mad Men” on Sunday, March 25. (Why … [Read more...]





