/PRNewswire/ -- Frederick's of Hollywood Group Inc. Forward Looking Statement Certain of the matters set forth in this press release are forward-looking and involve a number of risks and uncertainties. These statements are based on management's current...
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Ikea has collaborated with Oregon architectural firm Ideabox to launch its first line of prefabricated houses in the U.S., named the "Aktiv." The Ikea-themed dwelling is a one-bedroom home centered around space-saving furniture and products.
Apranga APB announced that it has signed a franchise agreement with Burberry Limited to open Burberry stores in three Baltic countries. The first Burberry stores in Riga, Latvia and Tallinn, Estonia will be opened in the second half of 2012. As of December 31, 2011, Burberry had 189 retail stores, 208 concessions, 46 outlets and 56 franchise stores. Currently, Apranga APB operates a chain of 121 stores in the Baltic States, 78 in Lithuania, 32 in Latvia and 11 in Estonia.
(BUSINESS WIRE) --Macy's, Inc. (NYSE:M) today reported total sales of $1.860 billion for the four weeks ended Feb. 25, 2012, an increase of 5.5 percent compared with total sales of $1.763 billion in the four weeks ended Feb. 26, 2011. On a same-store...
/PRNewswire/ -- Limited Brands, Inc. (NYSE: LTD) reported a comparable store sales increase of 8 percent for the four weeks ended Feb. 25, 2012, compared to the four weeks ended Feb. 26, 2011. The company reported net sales of $653.9 million for the four...
Sears quietly added all nine of its Great Indoors stores to the list of store closings on Feb. 23. Store managers were informed last week, a Sears spokeswoman confirmed, but no exact date has been given for the closings.
Macy's asked a court to reject counterclaims by Martha Stewart Living Omnimedia in their legal dispute over a plan to open miniboutiques in department stores operated by J.C. Penney.
SEATTLE, Feb. 29, 2012 /PRNewswire/ -- Riding the wave of its success in the U.S., the Tommy Bahama Group has announced an important step forward in their strategy to drive long-term growth through international expansion. Tommy Bahama will begin by opening company owned and operated retail stores in premium locations in Asia, including a combined restaurant and retail location in the Ginza district of Tokyo and stores in Macau and Singapore. "Tommy Bahama has enjoyed significant growth in our direct to consumer business. Through our website and U.S. based stores, we've seen a pent up demand and opportunity for
What impact will Blue Nile, the leading online diamond retailer, feel from having to collect internet sales tax? The company sells a high-value product, so charging sales tax would mean several hundred dollars added to its prices. This could make a big difference for the retailer as price is "incredibly important" to its buyers, according to its chairman.