Hudson’s Bay Co. Sells $533M of Equity in HBS Global Properties

Hudson's Bay

Toronto--Hudson’s Bay Company said today it has sold some $533 million of its equity in HBS Global Properties, HBC’s real estate … [Read more...]

Fashion Jeweler Etailer Charm & Chain Adds First In-House Collection: Diamond Jewelry


New York—Charm & Chain, the etailer specializing in women’s designer fashion jewelry, launched today its first in-house … [Read more...] to Acquire Richer Poorer Lifestyle Brand


Vancouver— recently announced the acquisition of lifestyle accessories brand, Richer Poorer, for an undisclosed … [Read more...]

Walmart Surprises with Profit Beat, Comp Store Increase

Walmart store

Bentonville, AR—Walmart surprised many today with an earnings report that beat analysts’ forecasts as comp store sales rose for … [Read more...]

TJX Scores Q3 Profit, Sales Rise, Beats Estimates


Framingham, MA—TJX Co. scored another strong earnings report, one of the better ones from a retailer during earnings week: the … [Read more...]

Kohl’s Appoints COO, Who Will Be Competing for Future CEO Role

Sona Chawla

Menomonee Falls, WI—Kohl’s announced today that Sona Chawla, a former Walgreens executive, has been named its new chief operating … [Read more...]

Dillard’s Q3 Sales, Profit Miss Prompts Fall in Shares

Favorite Fall Look at Dillard's: UGG poncho, boots

Little Rock, AR—In the same disappointing as other retailers have been reporting during third quarter earnings week, Dillard’s … [Read more...]

Retail Dish: Urban Outfitters to Buy Gourmet Pizza Chain


Philadelphia—In a move to diversify that left many analysts scratching their heads in wonderment, Urban Outfitters Inc. announced … [Read more...]

JCPenney Has Better-Than-Expected Q3, Highest Comps in 9 Years


Plano, TX—JCPenney today posted better better-than-expected third quarter sales, helped by demand for home, footwear, handbags and … [Read more...]

Nordstrom Q3 Comps Disappoint, Lowers Forecast


Seattle--Nordstrom Inc. reported Thursday a smaller-than-expected comparable sales growth and a lowered forecast, sending its … [Read more...]

Bebe Narrows Q1 Loss but Sales Decline, Forecast Tepid


Brisbane, CA—bebe stores inc. reported today that its first quarter loss narrowed as total and comp sales declined. Its tepid … [Read more...]

Kohl’s Q3 Surprises, Beating Forecasts despite Profit Fall


Menomonee Falls—Kohl’s may have reported today that its third quarter profit fell 15% as a small sales increase was offset by … [Read more...]