Reports

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

Target Fires 1,700 Employees, Eliminates 1,400 Other Positions in Restructuring Plan

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Minneapolis—Target Corp. axed some 1,700 employees today and is eliminating another 1,400 “unfilled positions” as part of its … [Read more...]

Neiman Marcus Swings into Holiday Quarter Profit as Online Sales Rise

Neiman Marcus

Dallas--Neiman Marcus Group swung to a second quarter profit today, helped by its recent purchase of Munich-based MyTheresa.com, … [Read more...]

Going-Out-of-Business Sales Begin at All Caché Stores

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New York—Great American Group, a provider of advisory and valuation services, asset disposition and auction solutions, and a … [Read more...]

Urban Outfitters Q4 Profit Beat Estimates, Sales Up at Namesake Stores

A soft palette of "air-infused hues and watercolor washes" at Urban Outfitters' Free People stores

Philadelphia—Urban Outfitters Inc. reported Monday afternoon a better-than-expected fourth quarter profit, aided by sales … [Read more...]

First Bloomingdale’s Outlet to Open on Manhattan’s UWS

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New York--Macy’s Inc. indicated recently that it will pursue off-price/outlet businesses but the department store group is already … [Read more...]

Foot Locker’s Q4 Slam Dunk: Beats Estimates (Again)

ALIFE, a NYC staple, celebrate its 15th anniversary by  collaborating with Puma on a skate-inspired collection using reflective material.

New York--Thanks to continued sales increases, Foot Locker Inc. today reported a 21% increase in its fourth quarter profit. For … [Read more...]

Winter Storms Stymied February Comp Sales

january storms

New  York—Blame it on the headwinds—some gale-force polar ones—that gave February comparable store sales a slight chill.Of the … [Read more...]

Factory Workers Claim Harassment at American Apparel

american-apparel-factory

Los Angeles—A skirmish between factory workers and the new executive regime at American Apparel has apparently erupted this week … [Read more...]

Abercrombie & Fitch Q4 Profit Falls on Dismal Sales

A more clean cut Americana image is replacing former CEO Mike  Jeffries' longtime more provocative imagery at Abercrombie

New Albany, OH—Another bleak day for beleaguered Abercrombie & Fitch. The teen specialty retailer reported its fourth quarter … [Read more...]

Ascena Q2 Profit Plunges, Maintains Outlook

Comp sales drop at Ascena's Justice stores

Mahwah, NJ—Ascena Retail Group’s stock took a hit of more than 6% after the specialty retailer reported Tuesday second quarter … [Read more...]

Target Plans to Cut “Several Thousand Jobs” Under New Cost-Cutting Plan

Target Logo

Minneapolis—Target Corp. plans to cut several thousand jobs as the mass merchant embarks on a restructuring plan that is supposed … [Read more...]

Stage Stores Q4 Profit Beats, Sales Rise

Prom destinations at Stage Stores

Houston—Stage Stores Inc. today posted a fourth quarter net income increase that beat expectations while the department stores … [Read more...]