Reports

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

Report: Sears Holdings to Close 110 Stores, Layoff 6,000

sears

Hoffman Estates, IL—Sears Holdings is once again being dogged by rumors much like JCPenney was a year ago. Today, in a report on … [Read more...]

Sears Holdings to Lease Primark 7 Retail Locations

Primark customers in Arnhem, Netherlands, at a recent store opening there.

Hoffman Estates, IL—Sears Holdings continues to look for ways to scape cash together. Today it announced lease agreements with … [Read more...]

With Holiday Looming, Walmart Cuts its Full Year Sales Outlook

Walmart

Bentonville, AR—Walmart cut its full year revenue outlook on Wednesday as it announced a plan to beef up expansion plans for its … [Read more...]

Sears Holdings Begins Rights Offering

sears-storethumb

Hoffman Estates, IL—Sears Holdings said in a filing on Wednesday that it plans to raise $380 million by selling off the majority … [Read more...]

Gilt by Association: Gilt Inc. Sues Gilt Groupe

gilt

Portland, OR--Flash sale site Gilt Groupe is being sued by a Portland, Ore. jewelry store called Gilt for trademark infringement. … [Read more...]

Ann Inc. Enters into a Non-Disclosure Agreement with Golden Gate Capital

Fall Looks from Ann Taylor

New York—Shares of Ann Inc. have been on the rise since Tuesday when the women’s specialty retailer revealed it had entered into a … [Read more...]

Marvin Ellison to Succeed Ullman at JCPenney

Marvin-Ellison

Dallas--JCPenney has found a permanent CEO to replace Mike Ullman next year. Marvin Ellison, the EVP of stores at Home Depot and a … [Read more...]

Kmart Offers Credit Monitoring to Customers After Security Breach

KMart21

Hoffman Estates, IL—As if Sears Holdings Corp. doesn’t have enough trouble recently. On Friday, the retailer announced that its … [Read more...]

Art Peck Named Gap Inc. CEO as Murphy Retires

Art Peck

San Francisco--Art Peck will succeed Glenn Murphy as chief executive of Gap Inc., as of February 1, 2015. Murphy will retire and … [Read more...]

Christopher & Banks Downgrades Q3 Sales Forecast

Christopher & Banks's reversible jacket, an in-store exclusiveJ

Minneapolis—Following Christopher & Banks’ announcement on Tuesday that it lowered its third quarter, company executives fly … [Read more...]

Fast Retailing Full Year Profit Falls 29% Despite Sales Rise

New Uniqlo store in Philadelphia

Tokyo—Fast Retailing Co., parent to Uniqlo, reported today that its net profit for the year ended in August was down some 29% as … [Read more...]

Report: Sears Vendors May Be Getting Nervous

Sears Holdings

Hoffman Estates, IL--Even after borrowing $400 million from CEO Edward Lampert  in September and selling shares of Sears Canada to … [Read more...]