More From Meredith Derby
Beauty Sales Up 9% at P&G
NEW YORK — Procter & Gamble Co. posted a 12.6 percent increase in fiscal third-quarter profits, easily…
Sales Soar on Avenue of Success
Following seven consecutive months of comp-store sales gains at its Avenue chain, United Retail Group is…
Consumer Confidence Slips for Third Straight Month in April
Consumer confidence fell for a third consecutive month in April, as weak income growth in a tight job market…
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Aiming for Another Hit: Specialty Stores Flock To Launch New Concepts
Driven by a need to please Wall Street and Main Street, rolling out new store concepts is back in vogue for…
Ann Taylor Price Tag Said at $2B
Several leveraged buyout firms are said to be eyeing Ann Taylor Stores with a price tag for the 738-unit…
Retail Stocks Rebound After Market Plunge
The S&P 500 gained 0.3 percent to close at 1,145.98, while the S&P Retail Index jumped 1.3 percent to 409.1.
A&F Settles Lawsuit, CFO Exits
NEW YORK — Two stockholders of Abercrombie & Fitch Co. got their wish on Friday when the specialty retailer’s…
Vendors Step Up Efforts in Counterfeit War
When it comes to the global fight against counterfeit goods, luxury goods vendors know the best defense is a…
Cloudy Outlook as Weather, Fuel Prices Dampen March Comps
Cold weather and high gas prices kept shoppers out of stores most of March, resulting in soft same-store…
Comp-Store Sales Face Tough March
NEW YORK — High gas prices; difficult year-over-year sales comparisons; chilly, wet weather, and an earlier…
American Eagle, ‘Apprentice’ Design With Tech in Mind
American Eagle Outfitters will get plenty of airtime when its spring fashions are featured Thursday on "The…
Gottschalks Hires Financo to Explore Options
NEW YORK — Regional department store chain Gottschalks Inc. is on the selling block and has hired investment…
Penney’s: No Easy Target
NEW YORK — J.C. Penney Co. has strong defenses in place that would make a leveraged buyout by financial…
Penney’s Stock Soars on LBO Talk
Shares of J.C. Penney Co. shot up 8.4 percent on Thursday based on reports it could be bought out by at least…
$100 a Share for Neiman’s
Investment banking sources familiar with the potential sale of the Neiman Marcus Group said Wednesday that…