Reports

Accessories magazine’s Annual Census Report; industry statistics; retail earnings

Gap Inc. Executive Shuffle: New Customer Service Chief; Creative Director Eliminated

Gap logo

New York— Gap Inc. said today it has eliminated the creative director position for its Gap brand, “resulting in Rebekka Bay’s … [Read more...]

H&M Q4 Profit Rises, Plans 400 New Stores This Year

hm3

Stockholm—Fast-fashion retailer H&M today reported that its fourth quarter earnings rose 17% as sales increased but the figure … [Read more...]

Uniqlo to Expand into Canada

Uniqlo

Toronto—Just days after Target announced it would be pulling out of its Candian retail venture, another major—Uniqlo, Asia’s … [Read more...]

Family Dollar Shareholders Approve $8 Billion Merger with Dollar Tree

Family Dollar's logo, nameplate to remain the same

Chesapeake, VA—After nearly six months of a bidding war, shareholders at Family Dollar Stores approved an $8 billion merger deal … [Read more...]

Japan’s Leading Eyewear Brand Sets for U.S. Expansion with New Flagship in San Francisco

jins2

San Francisco—JINS, the Tokyo-based eyewear brand, announced today plans to expand into the U.S. market with the opening of its … [Read more...]

Express, Sycamore Partners End LBO Talks

Express stores

Columbus, OH and New York—Express, Inc. and Sycamore Partners today announced that despite having worked together in “good faith … [Read more...]

Struggling Wet Seal Files for Bankruptcy Protection

Wet Seal

Foothills Ranch, CA—Following new that it would be closing 338 stores and laying off some 3,700 employees, Wet Seal Inc. filed for … [Read more...]

As Tiffany Shares Decline, Takeover Speculation Increases

1602107_10152709419738068_3125670629163868986_o

New York—As Tiffany & Co. faced a 17% drop in its share price this week, rumors once again sprang up that the retail jeweler … [Read more...]

Target CEO Pulls Plug on Canadian Division

Target Canada

Minneapolis—After taking more than two years and forking over some $1.6 billion, Target today said it would be pulling out of its … [Read more...]

Bebe Posts 8% Increase in Holiday Quarter Comp Sales

bebe

Brisbane, CA—Bebe Stores saw its shares surge 18.6% in after-hours trading after the specialty retailer reported a preliminary … [Read more...]

Amazon Sued by Real Estate Group, Probably Not Opening NYC Retail

7 West 34th Street now houses Mango and Express stores

New York--Amazon, which inked a 17-year lease with Vornado Realty Trust for office space at 7 West 34th Street in Manhattan last … [Read more...]

Stage Stores Posts 6.5% Rise in Holiday Comp Sales

Stage Stores

Houston--Stage Stores reported comparable sales up 6.5% for the holiday months of November and December.“We are very pleased … [Read more...]