Markdowns Widen Cache 1st Quarter Loss

Cache storefront

New York--Moves to slash inventories ahead of the introduction of its new spring lines have weighed on first-quarter sales and … [Read more...]

H&M Sales Up 4% for April


Stockholm--H&M has posted a 4% increase in sales during April, compared to the same month last year. The retailer, which … [Read more...]

Nordstrom Lifts Full Year Outlook on 1st Quarter Hike

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Seattle--Nordstrom Inc. has raised its earnings outlook for the year after posting a 43.8% hike in first quarter profit. The  … [Read more...]

JCPenney Doubles 1st Quarter Income, Raises Full Year Guidance

JCPenney storefront

Plano,TX--JCPenney Co. reported today that its first-quarter net income more than doubled as the department store  benefited from … [Read more...]

Dillard’s 1st Quarter Profits Increase as Margins Improve

Dillard's storefront

Little Rock, AR--Dillard's Inc. reported today a surge in fiscal first-quarter profit as cost-cutting improved margins at the … [Read more...]

Kohl’s Raises Full Year Guidance on 1st Quarter Gains


Menomonee Falls, WI---Kohl's Corporation today said shoppers appeared “a little more confident” after it posted a 45.3% jump in … [Read more...]

Urban Outfitter’s 1st Quarter Earnings Soar 72%

Urban Outfitters storefront

Philadelphia—Citing improved margins and decreased markdowns, Urban Outfitters Inc. reported today its first quarter earnings hit … [Read more...]

Tobe Report: Online Strategies to Drive Retail Sales Growth

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New York–Retailers are employing new and innovative online business initiatives as a way to drive sales growth, according to Tobe … [Read more...]

Macy’s 1st Quarter Profits Beat Estimates


New York—Macy’s Inc. said today that had a better-than-expected first quarter profit of $23 million, rooted, company officials … [Read more...]

Retail Report: Dealing with Bad Buzz


New York—While social media is a fun and relatively inexpensive way for retailers to connect with consumers, it also opens the … [Read more...]

Nordstrom Opens First Rack Store in NYC

Nordstrom Rack on Union Square

New York—While Nordstrom Inc. continues to look for a suitable Manhattan flagship  location, its Nordstrom Rack division opens … [Read more...]

Luxury Study: Fewer but More Affluent Consumers

Luxury Shoppers

Stevens, PA—In its annual report on the state of the luxury market released today, Unity Marketing found that the actual number of … [Read more...]