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Study: Wealthiest Shoppers Decline in Better Dept Stores

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Stevens, PA—Although the nation’s wealthiest consumers, those with incomes $250,000 and above, have reportedly returned to shopping, some of their standby department store favorites may be losing out on their dollars. In its quarterly survey of the top 2% of U.S. households, Unity Marketing found that fewer “ultra-affluents” are shopping …

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Earnings Reports: Neiman Marcus, Ann Taylor, Aeropostale, Zumiez

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Neiman Marcus Q2 Profits Surge Dallas–Neiman Marcus Inc. reported today a five-fold increase in second quarter profit as holiday shoppers purchased more full-price luxury merchandise. The company, which operates 43 Neiman Marcus stores, Bergdorf Goodman and 30 Last Call outlet stores, said today that profit rose to $21 million in …