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

Nordstrom Lifts Full Year Outlook on 1st Quarter Hike

Nordstrom shopping bag

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...]

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...]

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...]

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...]

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...]

Harrods Sold to Qatar Investment Group for $2.25 Billion


London--Legendary department store Harrods was sold over the weekend to investment group Qatar Holding for a reported $2.25 … [Read more...]

May Holidays to Affect Month’s Sales Totals?

Mother's Day

Columbus, OH--Retailers and market analysts will be keeping a close eye on Mother’s Day and Memorial Day holidays as reassurance … [Read more...]

Hermes Posts 1st Quarter Sales Boost

Hermes Birkin

Paris--Hermès International posted first quarter sales Thursday that were the largest of any luxurygoods quarterly reports so far. … [Read more...]

Bebe 3rd Quarter Loss Widens

Bebe storefront

Brisbane, CA--Bebe Stores has reported a wider third quarter net loss amid declining sales.Net sales for the third quarter … [Read more...]