aggregatedcontent

Amazon Gets New Competition in Google's Retail Service
December 2, 2011

Google is considering a move into online retail, challenging Amazon by providing low-cost goods. According to The Wall Street Journal, Google is in talks with major retailers and shippers about creating a service to let consumers shop for goods online and receive their orders within a day for a low fee.

Troubled Talbots Cuts More Jobs, Halts Ads
December 2, 2011

Talbots is slashing another 100 jobs at its Hingham, Mass. headquarters, abruptly suspending its national advertising campaign, and reportedly looking for new leadership after years of a failed turnaround.

CBS Launches Official Online Store
December 2, 2011

CBS Consumer Products has partnered with TeamFanShop to launch an online store, ShopTVCity.com, which features products with slogans and imagery from TV shows.

The TJX Companies, Inc. Reports November 2011 Sales
December 2, 2011

FRAMINGHAM, Mass.--(BUSINESS WIRE)--The TJX Companies, Inc. (NYSE: TJX) today reported November 2011 sales results. Sales for the four-week period ended November 26, 2011, were $2.04 billion, up 4% over the $1.96 billion achieved during the four-week period ended November 27, 2010. For the 43 weeks ended November 26, 2011, sales reached $18.5 billion, up 5% over the $17.6 billion achieved during the 43-week period last year. Consolidated comparable store sales increased 4% compared to last year for the four-week period ended November 26, 2011. For the 43-week year-to-date period, consolidated comparable store sales increased 3% compared to last year.

Zumiez profit increases 15% in Q3
December 2, 2011

Everett, Wash. -- Zumiez Inc. reported Thursday that net income for the quarter ended Oct. 29 rose 14.8% to $14.1 million, from $12.3 million in the prior fiscal year. Revenue climbed 13.3% to $154 million from $135.9 million, and same-store sales grew 6%. โ€œWe are pleased with the current pace of growth for our business and believe our product assortment has us well positioned for the remainder of the holiday selling period," said Rick Brooks, CEO. The company has opened all 45 new stores planned in fiscal 2011, including its first stores in Canada.

Wal-Martโ€™s Biggest Climate Impact Goes Ignored
December 1, 2011

A protested Wal-Mart development in Toms River, N.J. will destroy habitat for the threatened northern pine snake, despite the fact that it already has a store in town โ€” it's just a mile down the road and will be closed when the new supercenter opens.

Express Q3 profit up 24%
December 1, 2011

Columbus, Ohio -- Express Inc. reported Thursday that profit for the quarter ended Oct. 29 climbed 24% to $32.7 million, from $26.3 million in the year-ago period. Revenue increased 8% to $486.8 million, just missing Wall Streetโ€™s expected $488.2 million, and same-store sales increase 5%. Online sales surged 41%.

Staples Launches iPhone App
December 1, 2011

Staples has launched a new iPhone app that allows consumers to access product information and reviews while in-store, locate a store that has a product they need, and receive special deals via its check-in feature.