Retail Markets
Burlington Coat Factory Sees Profit Drop in Q2
Company announces cost-cutting program aimed to save more than $45 million in back half of the year.
Birks & Mayors Reports Lower Holiday Sales
Harmed by the slowdown in discretionary spending, jeweler Birks & Mayors Inc. reported that net sales during…
Highland Park Village Sale Talks Proceed
Luxury Dallas shopping center on the block.
WWD Recommends
Charlotte Russe to Explore Sale
Women’s apparel retailer Charlotte Russe reported a first-quarter loss on marginally higher sales.
NRDC in Talks to Sell Fortunoff
Fortunoff is up for sale again.
Large Chains Lead in Brand Value
Wal-Mart, Target and Coach are among the 10 chains ranked as the most valuable U.S. retail brands, according…
Saks Lays Off 9% of Workforce
Faced with steep declines and affluent consumers losing wealth, Saks Inc. said it would eliminate 1,100…
Contemporary Designers Zero in On Specialty Shoppers
As specialty retailers struggle to compete with department stores, designers find new ways to help capture…
Diesel Opens Milan Planet Store
Hometown unit is largest in the world.
Counter Intuitive
Retailers who inhabit the gray area between shopping and playing are blurring the lines between customers and…
Two of a Kind
Meet The Kooples, a brand-new idea in retail therapy.
Rock & Republic’s Recession Strategy
The premium denim firm Rock & Republic launches new line and deals with tough economy.
Neiman’s Trimming 375 Jobs
Neiman Marcus is cutting several hundred jobs, as the result of an efficiency review, this week.
Searle Goes Chapter 11
Specialty retailer, subsidiary file for bankruptcy.
Wal-Mart Names McMillon
Sam's Club head to oversee international division.