Reports

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

Marshalls, T.J. Maxx to Raise Minimum Wage to $9 an Hour

TJX Cos.

Framingham, MA—A week after Walmart announced it would give half a million of its employees raises to $9 an hour, TJX Companies … [Read more...]

Macy’s Inc. Issues Weak Outlook as It Invests in New Initiatives

macy's

Cincinnati—Talking up its new endeavors, such as an off-price chain, Blue Mercury, omnichannel selling etc., Macy’s Inc. today … [Read more...]

Dillard’s Q4 Profit Up 10% on Better Margins

dillardslogo

Little Rock, AR—Dillard’s Inc. reported today its fourth quarter earnings were up 10% thanks to fewer markdowns and better gross … [Read more...]

Nordstrom Q4 Profit Hit by Trunk Club Acquisition

Nordstrom

Seattle—Nordstrom’s net earnings were down 5% in the fourth quarter despite net sales rising 9% to $3.9 billion. The retailer said … [Read more...]

Will Walmart’s Pay Increase Set a Precedent for Other Retailers?

walmartlogo

Bentonville, AR—In what some analysts see as a precedent challenging other retailers, Walmart today announced that it will raise … [Read more...]

Data Security, Omnichannel Initiatives Top Retail CIOs’ Priority Lists

data

Washington—With recent high-profile data breaches and the growing need to deliver a unified and differentiated customer … [Read more...]

Sycamore Partners to Buy Chico’s FAS?

Spring Look at Chico's

New York and Fort Meyers, FL—Sycamore Partners, the private equity firm, is purportedly in advanced talks to add Chico’s FAS to … [Read more...]

Old Navy Buoys Gap Inc.’s Fourth Quarter Sales

Blues and denim for Mom and Daughter at Old Navy

San Francisco--Gap Inc. reported fourth quarter sales up 3% to $4.71 billion; the company calculated net sales up 5% on a constant … [Read more...]

Aeropostale Appoints 2 Top Execs, Ups Forecast

Aeropostale markets for Valentine's Day

New York—Despite an 11% drop it its holiday period sales, Aeropostale Inc. today forecast that based on improved sales and margins … [Read more...]

Bebe Posts Better-Than-Expected Q2, Swings into Profit

bebe

Brisbane, CA—Thanks to better-than-expected second quarter results released Thursday, bebe stores saw its shares rise in early … [Read more...]

MaryAnne Morin Named Chief Merchant at Hudson’s Bay Company

MaryAnneMorin

Toronto--Hudson’s Bay Company has confirmed that MaryAnne Morin has been promoted to chief merchant of the HBC Department Store … [Read more...]

Dollar Tree, Family Dollar Deal Closing Delayed as FTC Reviews Store Counts

Family Dollar's logo, nameplate to remain the same

Charlotte, NC—The much contested acquisition of Family Dollar Stores by rival Dollar Tree Inc. appears to be delayed until late … [Read more...]