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Sourcing Improvements Push Hot Topic Q1 Profit Up

In Industry News, Reports, What's New by Just StyleLeave a Comment

City of Industry, CA—Improvements in sourcing initiatives and productivity helped mall-based retailer Hot Topic record an earnings increase in its first quarter. Adjusted EBITDA increased to $22.6 million from $16.9 million last year. Adjustments include a non-cash compensation expense, non-cash charges from asset impairments, losses on fixed asset disposal and …

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The 2013 List of Most Admired Online Retailers, Consumers’ Favorites

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

Washington–These days there seem to be more e-commerce sites than there are stars in the heavens. But which online retailers are the best and the brightest in the Internet universe? Polling the National Retail Federation (NRF) and Shop.org members, Stores Media asked survey participants to name “the e-commerce retailer they …

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Good Tidings: December Comp Sales Better Than Expected

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

New York—Despite unpredictable weather and politics in Washington, retailers managed to beat what had been lowered expectations for December comparable store sales. Of the 17 or so major retailers reporting today (excluding drugstores), total December comparable store sales rose 4.5%, topping analysts’ estimates for a 3.3% increase. Even better, the …