Arden B.


September Retail Comp Sales: Solid, not Stellar

Shopping

New York--With their back-to-school sales in their final month, and gearing up for fall and holiday merchandise, retailers … [Read more...]

Wet Seal’s Board Urges Stockholders to Postpone Replacing Them

Wet Seal

Foothill Ranch, CA—Saying that its recently implemented fast fashion strategy will have a positive impact on Wet Seal results “in … [Read more...]

August Comp Sales Better than Expected

Lady Gaga made an appearance shopping in New York City for back to school.

New York--Nearly all U.S. retailers posted better-than-expected sales gains in August at comparable store sales as parents and … [Read more...]

Wet Seal Swing into Q2 Loss, Adopts Poison Pill

Wet Seal

Foothills Ranch, CA--Wet Seal Inc. swung to a second quarter loss Tuesday as the teen oriented retailer reported a decline in … [Read more...]

July Retail Comp Sales Give Surprising Results

Do July comparable store sales indicate good things for the back to school season?

New York—Credit the stifling temperatures in many parts of the nation that sent consumers indoors seeking refuge in the cool of … [Read more...]

Former Managers Sue Wet Seal for Racial Discrimination

Wet Seal

Santa Ana, CA—Three former managers at Wet Seal filed  a federal race discrimination suit against the specialty retailer on … [Read more...]

A “Volatile” June Makes for Disappointing Sales Comps

Retail Sales

New York—A combination of bad weather mixed with “stagnant” macroeconomic pressures created a recipe for a disappointing June at … [Read more...]

Hit by Q1 Sales Declines, Wet Seal to Close 20 Arden B. Stores

Arden B.

Foothills Ranch, CA—Wet Seal Inc. said Tuesday that it may close 20 Arden B. stores and open fewer Wet Seal stores after swinging … [Read more...]

April Retail Comp Sales: Worst in 2 Years

Retail Sales

New York—After better-than-expected comparable store sales results in February and March, April disappointed. In fact, comparable … [Read more...]

March Retail Gets Boost from Easter Sales

Easter Shopping

New York—While last month may have been the warmest March in more than 50 years, what really helped lift March retail sales were … [Read more...]

Wet Seal Q4 Profit, Sales Fall, Q1 Forecast Disappoints

Wet Seal Summer 2012

Foothill Ranch, CA—Wet Seal Inc. reported Thursday that its fourth quarter profit plunged nearly 60% due to weak holiday sales. … [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...]