Paris—In a brief statement released today, LVMH Moët Hennessy Louis Vuitton (LVMH) announced that it has increased its stake in … [Read more...]
Retailing
Online Holiday Spending to Date 12% Increase
Reston, VA–While “Free Shipping Day” (Dec. 17) showed at 61% increase over last year as more than 1,500 merchants offered … [Read more...]
Gap’s ‘Made in USA” Feed Bags Made in China
San Francisco--The Gap can’t catch a public relations break. After the retailer's recently attempted rebranding debacle, which … [Read more...]
NRF: Proposed Debit Card Swipe Fee Regulations to Help Retailers
Washington–New proposed limits on debit card swipe fees would result in lower costs for retailers and even discounted prices for … [Read more...]
NPD: Top Sellers on Holiday Wish Lists
Port Washington, NY–What's topping fashionistas’ wish lists this holiday? Plenty of accessories and footwear items apparently. … [Read more...]
Everlast Inks Exculsive with Sears Holdings
Hoffman Estates, IL--Sports and fitness brand Everlast Worldwide inked an exclusive license deal with Sears Holdings, which will … [Read more...]
Burlington Coat Factory Posts Q3 Loss
Burlington, NJ—Burlington Coat Factory blamed unusually warm weather in September and October for pushing it to a third quarter … [Read more...]
‘Lost Mitten Club” Solves a Problem Single Handedly
Dodgeville, WI—During the season when we travel over the river and through the woods, we sometimes lose a single glove or mitten … [Read more...]
Macy’s to Build New Fulfillment Center
Charleston, WV--Macy's will build a major new fulfillment near Martinsburg in Berkeley County, West Virginia, to support continued … [Read more...]
H&M Reports Strong November
Stockholm--H&M reported today that its November sales jump 17%, boosted by new store openings. The specialty store giant … [Read more...]
November Retail Sales Better Than Expected
Washington—After the U.S. Department of Commerce reported today that November retail sales rose 0.8% to $378.7 billion, some … [Read more...]
Postal Services Report Shipping Peaks
Memphis and Atlanta—Santa's helpers (FedEx, UPS and the U.S Postal Service) are busier than ever. If the latest shipping and … [Read more...]
