aggregatedcontent

Fast-fashion retailer and teen fave Forever 21 will open a temporary store on

Hennes & Mauritz AB said it will delay some store openings this year because of a construction slump, even as the fashion retailer reported a 23 percent rise in profit for the company's fiscal third quarter.

Extract not available.

Five Below said Wednesday that it will open four stores in North Carolina Friday. Its first stores in the state will be in Apex, Cary, Durham and Raleigh.

Social promotions such as those offered by deal-of-the-day website Groupon are wildly popular with shoppers, but they might not be as big a hit for businesses, according to a recent study by Rice University's Jesse H. Jones Graduate School of Business. Groupon promotions were profitable for 66 percent of the businesses surveyed for the study, but they were unprofitable for 32 percent. More than 40 percent of the respondents indicated they would not run such a promotion again.

ROCKAWAY, N.J., Sept. 29 /PRNewswire/ -- Creep, float, crawl and then click away to experience the online expansion of Party City's Halloween expertise into the digital domain. Beginning in early September, the premier Halloween specialty retailer, Party City, will launch its online costume store and a series of new and improved social applications to jumpstart the Halloween season. Utilizing new technologies and the latest in social communication platforms, including Facebook, Twitter and a newly launched YouTube channel, Party City intends to engage and entertain Halloween enthusiasts with a series of interactive games and programs. According to the National Retail

FRANKFURT -- Swedish fashion retailer Hennes & Mauritz said Wednesday its third-quarter net profit rose to 4.24 billion Swedish kronor ($626 million) from SEK3.46 billion in the same period a year ago. Net sales increased 14% to SEK26.89 billion.

Extract not available.

The U.S. House of Representatives passed legislation that would create a unit inside the Department of Justice to investigate and prosecute what the bill calls Organized Retail Crime and assist state and local law enforcement and prosecuting agencies.

Watch and accessories retailer Fossil Inc. is losing its President and Chief Operating Officer Michael Barnes. Barnes is departing the Richardson-based retailer to serve Bermuda-based Signet Jewelers Limited as chief executive officer.