Wet Seal


Investor Urges New Board Members, Sale at Wet Seal

Wet Seal

Foothills Ranch, CA—The Clinton Group, investors in Wet Seal, said Wednesday that it seeks to add new board members and a possible … [Read more...]

Wet Seal Swing into Q2 Loss, Adopts Poison Pill

Wet Seal

Foothills Ranch, CA--Wet Seal Inc. swung to a second quarter loss Tuesday as the teen oriented retailer reported a decline in … [Read more...]

July Retail Comp Sales Give Surprising Results

Do July comparable store sales indicate good things for the back to school season?

New York—Credit the stifling temperatures in many parts of the nation that sent consumers indoors seeking refuge in the cool of … [Read more...]

Citing Sliding Sales, Shareholder Urges Board to Sell Wet Seal

Wet Seal

Foothill Ranch, CA—As has been the case recently with other beleaguered retailers, such as Talbots and Christopher & Banks, a … [Read more...]

Former Managers Sue Wet Seal for Racial Discrimination

Wet Seal

Santa Ana, CA—Three former managers at Wet Seal filed  a federal race discrimination suit against the specialty retailer on … [Read more...]

May Retail Comp Sales Mostly Rise on Mother’s Day Sales

Retail Sales

New York—Helped by a later Mother’s Day, the second biggest gift holiday after Christmas, and continued consumer spending on … [Read more...]

Hit by Q1 Sales Declines, Wet Seal to Close 20 Arden B. Stores

Arden B.

Foothills Ranch, CA—Wet Seal Inc. said Tuesday that it may close 20 Arden B. stores and open fewer Wet Seal stores after swinging … [Read more...]

April Retail Comp Sales: Worst in 2 Years

Retail Sales

New York—After better-than-expected comparable store sales results in February and March, April disappointed. In fact, comparable … [Read more...]

March Retail Gets Boost from Easter Sales

Easter Shopping

New York—While last month may have been the warmest March in more than 50 years, what really helped lift March retail sales were … [Read more...]

Wet Seal Q4 Profit, Sales Fall, Q1 Forecast Disappoints

Wet Seal Summer 2012

Foothill Ranch, CA—Wet Seal Inc. reported Thursday that its fourth quarter profit plunged nearly 60% due to weak holiday sales. … [Read more...]

February Comp Sales Surprise as Consumer Confidence Rises

Retail Sales

New York—Surprisingly strong comparable store sales results in February are being chalked up to a warmer, drier month that spurred … [Read more...]

January Comp Sales Reflect Holiday Hangover

Retail Sales

New York—Normally a weaker month for sales anyway, January turned out to be a mixed bag for retailers.Following of the heels … [Read more...]

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