Retailing


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...]

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...]

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...]

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...]

Hermes, Colette Launch Web Campaign Promoting Scarves

The "J'aime mon carre" website touts scarves to young women worldwide

Paris—If you think an Hermès scarf is just something that Queen Elizabeth ties around her head on a blustery afternoon at … [Read more...]