More From Vicki M. Young
St. John Knits 2004 Net Declines 9.6%
St. John Knits saw its net income fall 9.6 percent to $13.4 million for the year ended Oct. 31, as sales…
Sears Accelerates Kmart Conversion
Sears said in a regulatory filing with the SEC that it identified 25 of the 50 Kmart stores acquired in June…
Sears Net Slips, New Bidder Possible
With a decline in quarterly profits, Sears wants to add national brands to complement its private label…
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Consumer Confidence Up, but Future Cloudy
The Conference Board's Consumer Confidence Index climbed to 103.4 in December, but the Expectations Index…
Profits in Those Bags: Coach Sets Growth Plan As Net Leaps 40 Percent
Coach Inc. posted a 40.5 percent jump in second-quarter earnings and raised fiscal 2005 guidance, as its…
Gauging the Fallout From Latest Federated-May Merger Talks
Shares of May Department Stores jumped 9 percent on news that Federated Stores was eyeing it as an…
Building a Brand: Service, Location and Research
NEW YORK — Just making a sale isn’t enough these days for retailers. More important is having a strong brand…
Gadzooks Now Accepting Bids
NEW YORK — Bankrupt Gadzooks Inc. is up for sale.
Bids for the struggling Carrollton, Tex.-based 243-unit…
Analysts Give Mixed ’05 Outlook, Consumer Spending in Question
Just one week into the new year and already there are mixed perceptions about the state of consumer spending…
Bruno Magli Unit Exits Bankruptcy
NEW YORK — BM USA Inc., the U.S. subsidiary of Bruno Magli SpA, emerged from bankruptcy on Thursday.
Aaron…
Claiborne Acquires C & C California
Liz Claiborne Inc. has added another brand to its growing portfolio, acquiring C & C California Inc. for an…
Same-Store Holiday Sales a Mixed Bag
By Vicki M. Young
NEW YORK — U.S. retailers reported mixed same-store sales for the all-important December hol
…
Leighton Pleads Guilty To Sales-Tax Charges
Jeweler Fred Leighton Ltd. pleaded guilty to failing to collect New York City and State sales taxes and paid…
Former Federated CEO Zimmerman Indicted for Perjury in Antitrust Case
James Zimmerman, former chairman and chief executive officer of Federated Department Stores, was indicted for…
Wet Seal Closing Units, Cutting Jobs
The Wet Seal Inc., the Foothill Ranch, Calif.-based specialty retailer, said it will close 150…