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KOHL’S NARROWS LOSS IN Q2 REPORT

In What's New, Industry News by Accessories Staff

Kohl’s released its earnings and while the company admitted results fell below its own expectations, reaction on Wall Street caused shares to soar after the big-box retailer beat estimates for second-quarter revenue and profit. The chain’s stock surged 10% in pre-market trading to $41.83 after the company posted a 7.7% increase …

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Bon-Ton Reports Q2 Earnings, Lowers Guidance

In What's New by Accessories Staff

The Bon-Ton Stores Inc. has reported its second quarter earnings, noting a loss of $39.6 million. Total sales in the period decreased 1.4% to $555.4 million, compared with $563.5 million in the second quarter of fiscal 2014. E-commerce remained a bright spot, however, with a continued trend of double-digit sales …

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GAP Reports Q2 Earnings

In What's New, Industry News by Accessories Staff

Gap Inc. continues to struggle. The company’s comp sales for July 2015 were down 3% versus a 2% increase last year. For the second quarter of fiscal year 2015, Gap Inc.’s net sales decreased 2% to $3.90 billion compared with $3.98 billion for the second quarter last year. By global …