Retailing


American Apparel Future in Doubt as Losses Mount

American Apparel

Los Angeles--American Apparel admitted Tuesday it might go out of business within a year following an expected second quarter loss … [Read more...]

Abercrombie to Close 60 Stoes Despite 2Q Sales Rise

Abercrombie & Fitch

New Albany, OH--Abercrombie & Fitch Co is to shutter 60 stores this year after steep discounting in the second quarter ate … [Read more...]

Overseas Markets Help Offset Walmart’s Lagging U.S. Stores

Walmart Logo

Bentonville, AR--Walmart said Tuesday its second-quarter profit rose 3.6%, as demand in Mexico, Brazil and China helped offset a … [Read more...]

Saks Inc. Narrows Q2 Loss, Improves Margins

Saks Fifth Avenue flagship

New York--Saks Inc.'s fiscal second-quarter loss narrowed on rebounding sales and improved margin due to better inventory … [Read more...]

Urban Outfitters Q2 Profit Jumps 46%, Beating Estimates

Urban Outfitters

Philadelphia--Urban Outfitters Inc. reported Monday that its second-quarter profit increased by 46% over 2009, driven by … [Read more...]

Neiman Marcus Launches M-Commerce Site

Neiman Marcus Mobile Site

Dallas--Neiman Marcus has launched an enhanced mobile version of its main website to target affluent shoppers using mobile phones … [Read more...]

Contest Makes Consumers ‘Famous for the Day’

Contest Makes Consumers ‘Famous for the Day’

St. Louis –— Famous Footwear, the family footwear chain operated by Brown Shoe Company, Inc, announces a new web series that gives … [Read more...]

Jackie’s Jewelry Fetches Nearly $80,000

Jackie Kennedy

London—Two faux pearl necklaces and a pair of faux diamond and pearl earrings once worn by Jacqueline Kennedy when she was first … [Read more...]

H&M July Sales Beat Forecast

H&M

Stockholm—H & M beat expectations with a 10% rise in July sales and said it expects to continue its rapid expansion, the … [Read more...]

Dillard’s Swings 2Q Profit, Net Sales Down 2.7%

Dillard's storefront

Little Rock, AR--Dillard's Inc. posted  a second-quarter profit today citing improved margins and inventory control despite … [Read more...]

Nordstrom Q2 Profits and Sales Rise

Nordstrom shopping bag

Seattle—While Nordstrom reported Thursday that its second-quarter profit jumped 39% and its revenue rose 13%, the company … [Read more...]

JCPenney 2Q Profits Increase, But Conservative on Full Year

JCPenney storefront

Plano, TX—JCPenney Co. reported today better-than-expected quarterly profits, helped by improved cost controls and its expansion … [Read more...]