Plano, TX—JCPenney announced Thursday another new round of top executive appointments--including another Apple veteran--to help … [Read more...]
Reports
Accessories magazine’s Annual Census Report; industry statistics; retail earnings
Collective Brands Weighing Final Takeover Offers?
Topeka, KA—Shares of Collective Brands Inc., owner of Payless ShoeSource, continued to rise today amid speculation that the … [Read more...]
Feds to Investigate Walmart over Mexican Bribery Charges
Washington—The U.S. Justice Department has reportedly launched a criminal investigation of Walmart regarding alleged $24 million … [Read more...]
H&M to Expand into Latin America, Mexico First
Stockholm—H&M said today it plans to open its first store in Mexico this fall, its first step into the Latin American … [Read more...]
LVMH Q1 Sales Jump 25% as Demand Increases in USA, Asia
Paris—Even with slower growth in its fashion and leathergoods division, LVMH reported today that its first quarter sales jumped … [Read more...]
Burlington Coat Factory’s 2011 Sales, Profit Rise Again
Burlington, NJ—Burlington Coat Factory reported Tuesday that increased sales and slightly higher margins lead it into a 3.5% … [Read more...]
Walmart Invests $12 million to Help Women Entrepreneurs in Latin America, Caribbean
Cartagena, Colombia—U.S. Secretary of State Hillary Clinton announced that a new public-private partnership, which includes … [Read more...]
Talbots Q4 Loss Widens Amid Higher Costs, Promotions
Hingham, MA—Shares of Talbots fell 12% in early trading today after the beleaguered retailer forecast a lower-than-expected … [Read more...]
JCPenney CFO to Depart, Replacement Sought
Plano, TX—Less than a week after JCPenney announced some 900 job cuts, including 600 at its headquarters, the company said … [Read more...]
Hobo Opens First Retail Store
Annapolis, MD—Hobo is keeping it close to home. The handbag and small leathergoods brand just opened its first retail store, … [Read more...]
Half Year Sales, Income Jump at Fast Retailing
Tokyo—With strong increases both at its domestic Uniqlo stores as well as its growing overseas business, Fast Retailing Co. … [Read more...]





