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Skechers DC Certified as Largest U.S. LEED Gold Building
March 21, 2013

SHARE: Email Print LinkedIn Facebook Twitter Skechers North American distribution center in Rancho Belago, Calif., has been officially certified LEED Gold by the U.S. Green Building Council. Designed and built by developer Highland Fairview, the 1.82...

Macy's, Inc. to Expand Arizona Fulfillment Center
March 21, 2013

Macy's, Inc. to Expand Arizona Fulfillment Center CINCINNATI--(BUSINESS WIRE)--Mar. 21, 2013-- Macy's, Inc. (NYSE:M) today announced that it will expand its online order fulfillment center in Goodyear, AZ, to accommodate continued sales growth as part...

H&M profits fall amid tough economy, bad weather
March 21, 2013

Net sales during the December to February period, the company's fiscal first quarter, were 28.4 billion kronar, up from 27.8 billion kronar. The international retail industry was hit by bad weather during parts of the period, particularly in Europe and...

Hermes to Resist Raising Prices as Weaker Yen May Weigh on Sales
March 21, 2013

Hermes International SCA (RMS), the French maker of Kelly bags and silk scarves, will resist raising prices significantly in 2013 even as profitability may decline as the Japanese yen weakens against the euro. While there may be some minor adjustments,...

Ross Q4 profit jumps 23%; to stop reporting monthly sales
March 21, 2013

Pleasanton, Calif. -- Ross Stores Inc. said Thursday its fourth-quarter net income rose 23%, in line with analystsโ€™ projections. The off-price retailer also announced that beginning with the second quarter of fiscal 2013 it will no longer report monthly...

Senators to Try Again With Online Sales Tax Measure in Budget Battle
March 21, 2013

When the Senate brings up its version of a budget proposal to keep the government funded for a vote, possible later this week or over the weekend, members could again have a chance to weigh in on a controversial proposal to extend sales-tax requirements...

Uptick in Consumers Trying New Retailers, Study Shows
March 21, 2013

Despite cautionary spending last year, retailers may have good reason to be optimistic in 2013: Consumers are trying more fashion retailers for the first time, and most are making purchases during those visits. According to a study by Market Force Information, a provider of customer intelligence solutions, four in 10 (39 percent) consumers surveyed reported trying a new fashion retailer over the past 90 days, a 22 percent gain from 2011 and a 179 percent increase from 2010, when just 14 percent of consumers said they'd tried a new retailer.

PacSun cuts Q4 loss
March 21, 2013

ANAHEIM, Calif. โ€” Pacific Sunwear of California announced that net sales from continuing operations for the fourth quarter of fiscal 2012 ended Feb. 2, were $228 million versus net sales from continuing operations of $218.7 million for the fourth quarter...

eBay Suffers Meltdown as it Inadvertently Removes Thousands of Listings
March 21, 2013

eBay acknowledged a glitch on Wednesday that caused it to remove sellers' listings in error. The exact number of sellers impacted is uncertain, but the problem is widespread, and many of the sellers who were impacted said most of their listings were pulled from the site. Those sellers who were able to reach a customer service rep who knew of the problem were told it could take eBay 24 hours to fix the problem, but there's no reason to believe that's an official estimate.

Long-time retail exec named to Bon-Ton board
March 21, 2013

YORK, Pa. โ€” The Bon-Ton Stores has elected Jeffrey Sherman to its board, effective immediately. Sherman will serve on the human resources and compensation committee. Sherman has been president of The Echo Design Group, a company that designs,...