Holiday


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...]

Richemont Reports 9% Increase in Q3 Luxury Sales

Richemont

Geneva—Luxurygoods group Compagnie Financiere Richemont today reported that an increase in its third quarter sales due to a strong … [Read more...]

Survey: Holiday Email Volume Increased, So Did Sales

Mobile Shopping

New York—Did you feel like your email in-box was filling up faster than ever over the holidays? Did retailers seem like they … [Read more...]

Commerce Dept: December Sales Edge Up Past Estimates

holidayreport

Washington—Some much needed heart warming news out of Washington today. In its monthly tally of total U.S. retail sales, the U.S. … [Read more...]

Holiday Sales Results Come in at NRF Expectations

nrfxmas

New York—The U.S. Department of Commerce released today its December retail sales results which showed moderate increases. The … [Read more...]

Sears Holdings Reports Dismal Holiday Comps

Sears Kmart

Hoffman Estates, IL—It’s been a year since billionaire hedge fund owner and Sears Holdings Chairman Edward Lampert named himself … [Read more...]

Post Holiday Blues: Bon-Ton, Stage Stores, Lululemon, Express Lower Forecasts

Price-off promotions like this one at Express have been stepped up in recent days

●Bon-Ton Stores said Friday that bad weather conditions in many of its selling areas hurt its December comparable stores sales and … [Read more...]

Steve Madden Q4 Sales Miss Estimates, Lowers Forecast

steve madden

Long Island City, NY—Steve Madden Ltd. reported Friday its fourth quarter sales that missed analysts’ expectations and gave a weak … [Read more...]

Macy’s Inc. Announces Cost-Cutting, 2,500 Layoffs

Macy's Inc.

Cincinnati—Macy’s Inc. released several pieces of news late Wednesday. For one, the department store company posted a comparable … [Read more...]

Item of the Day: Ila Handbags

Ila Handbags

Item of the Day: Ila Handbags You’ll be doing a lot of bow and ribbon tying in the next few days, so why not top off one of your … [Read more...]

Lord & Taylor Suprises Shoppers with 12 Days of Free Gifts

Lord & Taylor

New York—As the clock ticks down to Christmas, retailers are employing many marketing gimmicks to entice shoppers into stores. … [Read more...]

Vera Bradley Q3 Profit Down 14% as Sales Stumble

Vera Bradley

Fort Wayne, IN—Faced with a decline in sales, Vera Bradley Inc. reported Wednesday afternoon that its third quarter profit fell … [Read more...]