Holiday


Holiday Pressure Puts Damper on Costco Q2 Results

Costco storefront and logo

Issaquah, WA—Costco Wholesale Corp. today reported that its second quarter profit fell 15% clipped by narrower gross margins in … [Read more...]

Gap Inc. Q4 Profit Falls, Hit by Holiday Promotions

Real life couple Bekah Jenkins & Cory Bond appear in Banana Republic's Spring ad campaign

San Francisco—Gap Inc. reported late Thursday that its fourth quarter profit fell 12.5% as the giant retailer was hit by heavy … [Read more...]

Kohl’s Q4 Profit Drops But Still Beat Forecast

One of Kohl's exclusive brands Simply Vera by Vera Wang

Menomonee Falls, WI—Kohl’s Corp. reported today that its fourth quarter profit fell 12% as sales weakened in the holiday … [Read more...]

Chico’s Swings into Q4 Loss on Lower Sales

Spring style at Chico's

Fort Myers, FL—Chico's FAS Inc. today reported a swing into a fourth quarter loss as sales declined, promotional costs increased … [Read more...]

Winter Chills TJX Q4 Results, Misses Estimates

tjmaxx

Framingham, MA—“Unfavorable weather” was responsible for contributing to a 4% decline in TJX Companies’ fourth quarter profit in a … [Read more...]

Despite January Chill, Macy’s Posts 11% Q4 Profit Increase

Macy's

New York—Despite a polar vortex, snows storms that closed 244 stores and a highly promotional holiday season, Macy’s Inc. today … [Read more...]

Holiday Markdowns Hit Dillard’s Q4 Profit

Dillard's store

Little Rock—Dillard’s Inc. today reported that its fourth quarter profit sank 26% as holiday sale promotions hit the retailer’s … [Read more...]

Commerce Dept: January Sales Drop Even More Than Expected

snow

New York—The snow, ice and frigid winds buried more than homes, buildings, cars etc. last month. According to data released today … [Read more...]

Bebe Posts Narrower-Than-Expected Q2 Loss

bebe

Brisbane, CA—Bebe Stores Inc. may have seen its sales decline and margins contract during its holiday season but the retailer’s … [Read more...]

JCPenney Shares Drop Despite Positive Comp Sale Report

JCPenney

Plano, TX—Shares of JCPenney dropped to their lowest levels in 50 years on Tuesday despite the department store reporting its … [Read more...]

Week in Review: Top Must-Read Articles

anna wintour

New York—It wasn’t as frigid this week as last, but many retailers probably felt a chill.Citing reasons such as light traffic, … [Read more...]

JCPenney to Close 33 Stores, Cut 2,000 Jobs

JCPenney Store

Plano, TX—JCPenney once again shook Wall Street analysts late Wednesday when the struggling retailer reported its plans to close … [Read more...]