Commerce Dept: Despite Gas Prices, Spending Increased in February

Retail Sales

Washington—Gasoline prices may be surging, but that didn’t keep consumers from purchasing last month. February retail sales, … [Read more...]

Urban Outfitters Q4 Profit Drops 48%


Philadelphia—While most retailers’ shares have increased in the last few days more than in the last five months, Urban Outfitters … [Read more...]

Ann Inc. Q4 Profit Takes Hit on Higher Promotions

Kate Hudson is the new face for Ann Taylor stores this spring

New York--Ann Inc.’s fourth quarter profit plunged 73% as its Ann Taylor division relied on more discount and increased … [Read more...]

February Comp Sales Surprise as Consumer Confidence Rises

Retail Sales

New York—Surprisingly strong comparable store sales results in February are being chalked up to a warmer, drier month that spurred … [Read more...]

Wholesale Gains Push Kenneth Cole into Q4 Profit

Kenneth Cole Handbags

New York—Thanks to a 47% jump in its wholesale revenue, Kenneth Cole Productions Inc. swung to a fourth-quarter profit … [Read more...]

Commerce Dept: “Core” Retail Sales in January Were Up

Retail Sales Growth

Washington—Although total retails sales for January rose less than economists expected, sales at core retail, which excludes … [Read more...]

Costco: America’s Best Chain Store Shopping Experience?

Costco storefront and logo

Yonkers, NY—Even with its controversial increase in its member fees last November, Costco, the nation’s largest warehouse club, … [Read more...]

The NPD Group Signs POS Agreement with Walmart

Walmart checkout

Bentonville, AR and Port Washington, NY—The NPD Group, Inc., a global leader in consumer and retail market research for a wide … [Read more...]

Banana Republic to Answer “Maddicts”’ Fashion Demands Again


New York—There are some 51 days until the two-hour premiere of season five of AMC’s “Mad Men” on Sunday, March 25.(Why there’s … [Read more...]

NPD E-Commerce Report: Accessories Online Opportunities

Shopping Online

Port Washington, NY—Online shoppers are showing more interest in shopping—and buying—fashion categories such as apparel and … [Read more...]

Banana Republic, Trina Turk Team Up on Capsule Collection

Palm Springs style from Trina Turk

New York—Banana Republic hopes to have another hit with a capsule designer collection. Last year for the first time, Banana … [Read more...]

World Luxury Association Names “Most Valuable” Luxury Brands


Beijing—It seems appropriate that the World Luxury Association (WLA), a  non-profit luxury brands research and management … [Read more...]