Chesapeake, Va. โ Dollar Tree reported record net sales for first quarter 2013, with consolidated net sales of $1.87 billion, an 8% increase...
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Gap's chairman and CEO said on Tuesday the U.S. retailer was ready to sign a global accord designed to prevent another deadly disaster in Bangladesh's garment industry, provided there were some "very minor accommodations." A series of incidents at factories has focused attention on safety standards in Bangladesh's booming garment industry while creating a trans-Atlantic divide between U.S. and European retailers over ways to resolve these issues.
Denim and Supply (D&S), first launched by New York-based Ralph Lauren Corp. in 2011, has opened its first two U.S. stores in...
Tags: Consumer Behavior, Customer Experience, Employee Training Ask any consumer about his or her best buying experience, and youโll hear it did not simply involve a product purchase, but an entire...
Grapevine, Texas โ While overall sales for GameStop fell significantly during first quarter 2013, the video game retailer can take some solace...
Mobile devices account for just 15 percent of e-commerce today, but eMarketer estimates that by 2017, one-fourth of online sales will be mobile-based as people conduct more of their lives on smartphones and tablets. The spread of tablets in particular will drive mobile commerce; by 2017, nearly three-fourths of mobile retail sales will be done on tablets, with 125 million people using them to make purchases.
Clothing seller Gap Inc. reported a 2 percent rise in same store sales in the first quarter ended...
Swedish fast-fashion retailer H&M said on Tuesday that some of its clothing was produced in a Cambodia factory where 23 people were injured in an accident on its premises Monday. The Stockholm-based retailer also said its orders had been placed at the factory without its knowledge, highlighting the lack of control some of the world's biggest brands may have over their supply chains. Garment factories in Cambodia and other countries sometimes subcontract orders from retail brands to
rue21 Inc announced that a definitive agreement under which funds advised by Apax Partners will acquire all outstanding shares of rue21 for $42.00 per share in cash. The transaction is...
KKR & Co., the private equity firm run by Henry Kravis and George Roberts, is weighing an investment in Saks and may seek a merger with rival Neiman Marcus, said people with knowledge of the matter. The deliberations may not lead to a transaction, said one of the people, who asked not to be named as the process is private. It wasn't immediately clear whether KKR had approached New York-based Saks. Merging the two would create an upscale department-store chain with more than $7 billion in annual sales