Reports

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

Express, Sycamore Partners End LBO Talks

Express stores

Columbus, OH and New York—Express, Inc. and Sycamore Partners today announced that despite having worked together in “good faith … [Read more...]

Struggling Wet Seal Files for Bankruptcy Protection

Wet Seal

Foothills Ranch, CA—Following new that it would be closing 338 stores and laying off some 3,700 employees, Wet Seal Inc. filed for … [Read more...]

As Tiffany Shares Decline, Takeover Speculation Increases

1602107_10152709419738068_3125670629163868986_o

New York—As Tiffany & Co. faced a 17% drop in its share price this week, rumors once again sprang up that the retail jeweler … [Read more...]

Target CEO Pulls Plug on Canadian Division

Target Canada

Minneapolis—After taking more than two years and forking over some $1.6 billion, Target today said it would be pulling out of its … [Read more...]

Bebe Posts 8% Increase in Holiday Quarter Comp Sales

bebe

Brisbane, CA—Bebe Stores saw its shares surge 18.6% in after-hours trading after the specialty retailer reported a preliminary … [Read more...]

Amazon Sued by Real Estate Group, Probably Not Opening NYC Retail

7 West 34th Street now houses Mango and Express stores

New York--Amazon, which inked a 17-year lease with Vornado Realty Trust for office space at 7 West 34th Street in Manhattan last … [Read more...]

Stage Stores Posts 6.5% Rise in Holiday Comp Sales

Stage Stores

Houston--Stage Stores reported comparable sales up 6.5% for the holiday months of November and December.“We are very pleased … [Read more...]

Macy’s Inc. Merging Store and Online Buying, Closing 14 Stores

Macy's

New York--Macy’s and Bloomingdale’s are restructuring their merchandising and marketing teams to combine online and in-store … [Read more...]

Lower Gas Prices Result in Higher December Comp Sales, Experts Say

Holiday 2015 Sales Report

New York—Lower gas prices, improved consumer confidence and plenty of promotions helped U.S. retailers see stronger sales in … [Read more...]

JCPenney Announces Closing of 40 Stores by April

JCPenney's logo turns red again

Plano, TX--JCPenney announced that it will be closing 40 of its approximately 1,060 stores by April. The stores are in Georgia, … [Read more...]

Fast Retailing Boasts 64% Profit Jump as Uniqlo Sales Rise

fastretaillin

Tokyo—Fast Retailing Co.—Asia’s biggest apparel retailer—reported today a 64% jump in its September-November quarter as sales in … [Read more...]

JCPenney Reports Holiday Sales Comp Gain of 3.7%

JCPenney sent out this thank you to customers: "Thank you for helping us make this the most generous holiday ever. From our family to yours, Merry Christmas!"

Plano, TX—Santa was good to JCPenney during the holiday season in 2014. The department store reported Tuesday that its comparable … [Read more...]