More From Alexandra Steigrad
Maidenform Profits, Guidance Rise
Revenues grow 30.8%, led by boost in volume with mass merchants.
Tepid July Comps Raise Concerns
Soft comps and aggressive promotions, at retailers including Abercrombie & Fitch and AEO, rattle nerves.
Cartier Sues E-tailer HauteLook
Upscale watchmaker Cartier alleges the web site sold damaged and used watches without authorization.
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B-T-S Sales Seen Soft in July
Consumers leave shopping for later in the summer.
Fabricant Exits Destination Maternity
Cites personal reasons for departure after three months.
Destination Maternity Profits Up Despite Weak Sales
A disappointing third-quarter sales performance didn’t keep Destination Maternity Corp. from beating analysts…
Luxe Spending Rises, but Apparel Lags
Overall spending by the most affluent 10 percent of the U.S. population is expected to surge $56 billion this…
Buckle Seen Hurt by Promotional Climate
Analysts say teen retail chain Buckle could bounce back after weak June comps.
B-t-s Sales Seen Rising 5.4%
ICSC and the NRF say spending is likely to increase.
Beyond the Rack Gets $12M Equity Input
Highland Capital Partners, BDC Venture Capital invest in membership site.
Stores Report Lukewarm June Results
Reluctant consumers seen pressuring promotions for back-to-school.
Industry Places Bets on Back-to-School
Stores ranging from Macy’s to J.C. Penney to Wal-Mart by mid-July will begin to bombard families with b-t-s…
Retail Stocks Up 2.4% as Dow Retakes 10,000
European markets were up while Asian equities had mixed results.
Analysts: Inventory Glut Could Put 2nd Half at Risk
Margins seen pressured as consumers again wait for promotions.
Christopher & Banks Stock Up on Strong Q1 Profit
Company plans to build up inventory in second quarter.