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Golfsmith International Holdings reported Wednesday a loss of $1.1 million for the third quarter, compared with net income of $1.1 million a year earlier. Revenues increased 3% to $93.3 million for the quarter.

NEW YORK -- Retail stocks edged higher on Thursday after the number of people who filed new claims for unemployment benefits fell to the lowest level since early July. Among the gainers, OfficeMax Inc. shares jumped 14% after its third-quarter profit more than tripled and exceeded Wall Street expectations. Among the decliners, AutoNation Inc. shares fell 2.6% after the largest U.S. car retailer's third-quarter profit fell short of Wall Street expectations. Avon Products Inc. shares dropped 9.2% after the world's largest direct seller of beauty products reported smaller-than-expected third-quarter profit and sales amid weak demand in North America. Skechers

NEW YORK -- Office-supplies retailer OfficeMax Inc. said Thursday that its third-quarter profit more than tripled to $20 million, or 23 cents a share, from $5.66 million, or 7 cents, a year earlier. Sales fell 1% to $1.81 billion.

Sephora has announced the launch an online social shopping community for Sephora customers.  Customers can use the service to talk about the products they're buying, discover trending products, and write product reviews to share with others.

Jones Group reported Wednesday that net income for the quarter ended Oct. 4 was $29.1 million, narrowed from net income of $30.4 million in the year-ago quarter and falling short of Wall Street expectations.

BOSTON, Oct. 28 /PRNewswire/ -- Rue La La, a leading private sale shopping destination, today announced that it has appointed Steve Davis as President and Ira Melnitsky as Chief Merchandising Officer.

Coach shares reached their highest since 2007 on Tuesday after the luxury retailer trumped analyst expectations, posting 34 percent growth in quarterly earnings. The brand's Chief Executive Officer Lew Frankfort told CNBC that business improved across the board.

Cupertino, Calif.-based Apple Inc. has launched an online Apple Store in China, www.apple.com.cn, allowing customers in China to shop for Apple products from this dedicated website.

) Vitamin Shoppe reported Wednesday that profit for the quarter ended Sept. 25, surged 256% to $7.2 million, compared with net income of $2 million in the year-ago period. Revenue rose 11.3% to $187.4 million, from $168.4 million in the prior year.

U.S. Bankruptcy Judge Burton Lifland in New York approved a loan on Wednesday that will allow Blockbuster to pay film studios’ claims and take an amended $125 million loan to fund operations in bankruptcy.