Delta Apparel, Inc. (DLA: Quote) said Monday that on January 23 its Board of Directors has approved the appointment of Steven Cochran to President and Chief Operating Officer of the company effective immediately. Humphreys will continue as Delta...
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Barnes & Noble has put up an excellent fight over the past few years against the rising tide of digital competitors like the iPad, Kindle Fire, etc., but it would seem that the bookseller has still come up a bit short, as the The Wall Street Journal reports that the company has plans to shut down nearly 20 stores per year over the course of the next decade. Just last week, we learned that Barnes & Noble had a rough holiday sales season with a 10.9 percent sales decrease from the previous year's holiday season.
The National Retail Federation is predicting an increase of 3.4 percent in U.S. retail industry sales this year, slightly less than the 4.2 percent growth seen in 2012. The slightly subdued forecast comes on the heels of a holiday season that was...
The National Retail Federation (NRF) released its 2013 economic forecast today, projecting retail industry sales (which exclude automobiles, gas stations and restaurants) will increase 3.4 percent, slightly less than the preliminary 4.2 percent growth seen in 2012. The subdued forecast comes on the heels of a holiday season that went head-to-head with Washington's political wrangling over fiscal concerns, shifting consumersโ spending plans downward. In the end, holiday sales in 2012 grew 3.0 percent.
A federal judge in Ohio refused to block Zale Corp. from using an advertising campaign that touts the superior brightness of its diamonds, over the objections of a rival jewelry chain. Sterling Jewelers Inc., a unit of Signet Jewelers, filed a lawsuit in November accusing Zale of false advertising in claiming that its Celebration Fire stones are the "most brilliant diamonds in the world." Sterling, based in Akron, Ohio, said its tests found that its own diamonds are as glittery as those sold at Zale's.
Pittsburgh -- American Eagle Outfitters announced plans to open a series of vertically owned and operated-stores in Mexico, with the first location set to open on February 20, 2013, in Mexico City. The store will be located in the Perisurโs shopping...
BOSTON โ Private sale site, Rue La La, has appointed Darlene Daggett as a president overseeing merchandising, programming and member experience. Daggett will report to Ben Fischman, founder and CEO of Rue La La and be headquartered in the Boston and New...
B&N will cut up to a third of its brick-and-mortar stores--slowly and carefully over 10 years. About This Series Welcome to Fast Feed, the Fast Company reader's essential source for breaking news and innovation from around the web--bite-sized and...
Online apparel startup Quincy, a company focused on providing better customization for womenโs clothing, is closing its doors after only being opened since last spring. In an email to its customers, Quincy stated, โOn January 30th, Quincy is closing its...
New York -- Consumers expect to spend slightly more on Valentine's Day merchandise this year than last year, according to a report by market research firm IBISWorld. The report forecasts spending of $134.08 per person, compared with last year's $133.99....