Brian Sozzi


With Flat Q1 Profit, Tiffany Lowers Forecast as U.S. Jewelry Sales Soften

Elsa Peretti at Tiffany & Co.: is this iconic match up destined to end? It could, according to an SEC filing made Wednesday by Tiffany.

New York—Stung by softening sales in the Americas and its New York flagship, Tiffany & Co. reported today a … [Read more...]

New Strategy Pushes JCPenney into Q1 Loss of $163 Million

JCP May 2012

Plano, TX—JCPenney has provided a glimpse into just how difficult its “Fair and Square” transformative, everyday low price … [Read more...]

Target Lifts Outlook After Beating Q1 Profit, Sales Estimates

Rendering of Target's new smaller scale, urban-located CityTarget stores, several of which will open this summer.

Minneapolis—Target raised its full year forecast today after reporting better-than-expected first quarter profit and sales despite … [Read more...]

Tiffany Lowers Full Year Profit Forecast as Sales Weaken

Tiffany blue box

New York—Despite an overall 7% increase in its sales during holiday, Tiffany & Co. reduced today its full-year profit forecast … [Read more...]

Despite Uncertainty, September Retail Comps Rise

Retail Sales

New York—Despite the daily drumming about economic uncertainty, comparable store sales continued to increase for most U.S. … [Read more...]

Costco Raises Member Fees as Q4 Profit Misses

Costco storefront and logo

Issaquah,WA—Costco Wholesale Corp. said today it plans to increase membership fees about 10% to its 22 million members in … [Read more...]

“Bargainistas” Push Family Dollar into Q4 Profit Rise

Family Dollar has also stepped up its apparel and accessories offerings as more middle income shoppers visit its neighborhood stores

Matthews, NC—The rise of “bargainistas" returning to its stores helped Family Dollar Stores post today an 8% increase in its … [Read more...]

Commerce Dept: August Retail Sales Stagnate

Shopping Street

Washington—After seven months of increases, total U.S.retail sales remained flat in August, the U.S. Commerce Department reported … [Read more...]

Despite Irene, August Retail Comp Sales Rise

Bloomingdale's Manhattan flagship boarded up ahead of Hurricane Irene's landfall last week.

New York—While Hurricane Irene may have dampened retail sales especially on the East Coast, the storm didn’t hinder sales at … [Read more...]

Tiffany & Co. Posts 33% Jump in Q2 Profits

Tiffany cited its new Locks collection as being a bestseller in its third quarter.

New York—On Friday, it just wasn’t breakfast at Tiffany & Co, it was a feast: the world’s second largest luxury retail jeweler … [Read more...]

Abercrombie & Fitch Q2 Profit Jumps on Improved Sales

Abercrombie & Fitch

New Albany, OH—Abercrombie & Fitch Co. said today its second-quarter net income rose 64%, boosted by higher demand for its … [Read more...]

Walmart Q2 Profit Rises, U.S. Division “Improving”

Walmart is stepping up plans to add smaller locations like this Walmart Express this year.

Bentonville, AR—Walmart Inc. posted today a 5.7% increase in its second quarter profits even as its U.S. division reported flat … [Read more...]