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New York & Company posts Q4 profit
March 22, 2013

New York -- New York & Company reported net income for the fourth quarter of $10.5 million, compared with a net loss in the prior year fourth quarter of $10.9 million. Net sales for the quarter were $291.8 million, up from $271.8 million in the year-ago...

J.Crew opening 46 stores in 2013; to make European debut in London
March 22, 2013

New York -- J.Crew Group Inc. expects to open 46 stores in 2013, company officials said during its quarterly conference call. The specialty retailer will open 17 Madewell stores, 13 factory outlet units and 16 namesake locations, including its...

Ace Hardware nails it on revenue growth
March 22, 2013

OAK BROOK, Ill. โ€” Ace Hardware Corp. posted fiscal 2012 revenues of $3.8 billion, up 3.6% from the previous year. The co-opโ€™s net income of $81.8 million increased 5.3% for the year. โ€œWe are very pleased with our fiscal 2012 results as revenues and...

Top 10 Social Media Guidelines for Retail
March 22, 2013

Retailers are aware that a social media presence is important to their business, but it also opens the company to risk factors. Learn the guidelines of developing a social media policy.

The Blurring Lines Between CPG & Retail
March 22, 2013

CPG companies are increasingly entering the retail world through their own brick-and-mortar stores and online sales as they continue to expand the brand and seek added-revenue streams. It used to be if you wanted a product produced by a CPG (consumer

Report: J.C. Penney Slashed 43,000 Jobs in One Year
March 22, 2013

However you're counting the numbers, they hurt. J.C. Penney revealed in a regulatory filing yesterday that it finished its fiscal year ended Feb. 2 with 116,000 employees - a whopping 43,000 less than a year earlier. That's a slashing of 27 percent - even steeper than the company's disastrous revenue decline of 24.8 percent for the same period. It's also more than twice the figure of 19,000 job cuts that Chief Executive Ron Johnson testified to under oath earlier this month

Are Retailers Taking Full Advantage of YouTube?
March 22, 2013

YouTube is huge. According to a recent post on the service's blog: It attracts more than one billion unique users every month. Nearly one out of every two people who go online visit the site. According to YouTube, all of Ad Age's 100 Leading...

Shop Spray on Jeans, Courtesy of American Eagle (Sort of NSFW)
March 22, 2013

When was the last time American Eagle Outfitters did something kind of cool with their ads? Answer: We're blanking. But it looks like the retailer's higher-ups decided to hire an ad agency that's in touch with kids these days: Welcome, America's favorite mall staple, to the ironic viral video method. In the psuedo-commercial, you'll find good looking teens saying stock quotes about individuality in the name of really, really tight (spray on) jeans. The tagline? "Lookin' tight," which is pretty hilarious.

Vera Bradley Designs launches Baby collection
March 22, 2013

3 minutes ago, 8:34am (ET) 03/22/2013 Datamonitor Vera Bradley Designs, Inc., a subsidiary of Vera Bradley, Inc., has announced the launch of a Baby collection. Vera Bradley Baby is now available at Vera Bradley retail stores, participating retail...