John Goodman


Wet Seal to Phase Out Arden B Stores

arden b

Foothill Ranch, CA—As part of its strategy to regain its footing with younger consumers, Wet Seal Inc. said Friday it plans to … [Read more...]

Wet Seal Q4 Loss Narrows Despite Sales Drop

Spring trends at Wet Seal stores

Foothill Ranch, CA—Wet Seal Inc. reported late Thursday afternoon that its fourth quarter loss narrowed as overhead expenses fell … [Read more...]

Wet Seal Q3 Loss in Line, But Q4 View Weak

Wet Seal

Foothill Ranch, CA—Wet Seal Inc. reported last week a third quarter loss that was in line with estimates but faced lower revenue … [Read more...]

Wet Seal Lowers Q3 Forecast on Weaker Traffic

Wet Seal

Foothills Ranch, CA—Citing the need for more promotions amid a competitive retail environment where traffic is down, Wet Seal Inc. … [Read more...]

Wet Seal Swings into Q2 Profit on Better Margins, Lower Expenses

The launch of Wet Seal + Plus in 36 stores and online was reportedly a success.

Foothills Ranch, CA—Wet Seal Inc., which had initiated cost-cutting measure earlier this year, reported Tuesday that its swung … [Read more...]

Despite Profit, Sales Decline, Wet Seal Shows Improvement in Q1

Chain Strap Halter Maxi Dress and Accessories from Arden B

Foothill Ranch, CA—In what some analysts say is indication that its turnaround is working, Wet Seal Inc. reported Tuesday that … [Read more...]

Reporting Another Loss, Wet Seal Looks to a Fast Fashion Solution

Stay tuned: Wet Seal to hold its annual Model Search soon.

Foothill Ranch, CA—Wet Seal Inc. reported Thursday that it swung into a $85.8 million loss hit by taxes and other costs while its … [Read more...]

January Comp Sales Rise, Easily Beating Forecasts

JANretail

New York—Whether it was the U.S. Congress finally averting the so-called fiscal cliff in early January, a spate of Arctic cold … [Read more...]

Wet Seal Cuts Costs and Employees; President Resigns

Wet Seal

Foothills Ranch, CA—Wet Seal Inc. announced Friday that Ken Seipel, its president/chief operating officer, would be leaving the … [Read more...]

CEO Changes at Sears Holdings, Wet Seal, Delia’s

Edward Lampert

Sears Holdings Chairman Lampert to Take on CEO DutiesHoffman Estates, IL—Edward Lampert, the controversial hedge-fund … [Read more...]

Clinton Group Has Short Lived Victory in Wet Seal Battle?

Wet Seal

Foothill Ranch, CA—After an apparent brief victory whereby Wet Seal board members agreed  to resign and be replaced by … [Read more...]

Wet Seal Board, Activist Investor Step Up War of Words

wet-sealstore

Foothill Ranch, CA—No resolution appears in sight in the proxy battle at Wet Seal that has pitted the young women’s retailer’s … [Read more...]

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