Puig Had Another Wooer
retail
Sears Q4: 28th Consecutive Quarterly Loss; Cost-Cuts and Asset Sales Soften the Blow
Sears’ fourth-quarter report delivered a mix of good news and bad news. The good news is that the store…
Retailer Esprit Prioritizes China for Growth
Esprit Holdings Ltd. said last week that the Chinese market will be a big priority over the next two…
JCP Q4 Better Than Expected; Shares Jump 18.4% in Response to Report
J.C. Penney (JCP) finally enjoyed its first positive quarterly sales report since 2011. On February 4…
Retailers Applaud Ministers’ Further Strides Toward Final TPP Agreement
Arlington, VA – The Retail Industry Leaders Association issued the following statement at the close of the…
Joe Fresh Sets Sights on Global Expansion
Canadian retailer Joe Fresh, owned by supermarket colossus Loblaw, has unveiled its ambitious plans to expand…
Walmart’s Revised Forecast Gloomy; Remains Committed to Aggressive Expansion
Walmart issued a less than stellar forecast for the next fiscal quarter but also reasserted its intentions to…
Cold Weather Boosts Winter Apparel Sales
Retail analysts have struggled to fully comprehend the impact of this chilly winter on the sale of apparel…
Jos. A. Bank Makes Bid to Buy Eddie Bauer
Jos. A. Bank finally found another retailer happy to be acquired by it; the clothier will purchase Eddie…
Severe Winter Weather Pummels January Retail Sales
Unseasonably frigid weather and severe ice and snow in much of the country appear to have put a damper on…
Primark Signs Greenpeace Pledge to Eliminate Hazardous Chemicals
Greenpeace has notched another victory in its quest for more environmentally responsible supply chains…
Michael Kors Q3 Revenue Jumps 59%, Stock Hits Record High
Michael Kors Holdings (KORS) blew past Wall Street expectations on Tuesday with its third quarter…
Men’s Wearhouse Off-Price K&G Division Kills E-Commerce Site
K&G Men’s Company Inc., a subsidiary of Men’s Wearhouse, has shuttered sales through its e-commerce site. The…
Walmart Plans $500 Million Expansion in Canada
Another U.S. retail giant has set its sights on expanding in Canada. Walmart announced Tuesday that it plans…
Press Release: Forever 21 to Open First African Store
U.S. fast fashion retailer Forever 21 is set to open its first store on the African continent in 2014. The…
JCP Sales Up 2% in Q4; First Positive Quarter Since 2011
J.C. Penney (JCP) finally enjoyed its first positive quarterly sales report since 2011. On February 4…