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Kronos Retail Labor Index Shows Retail Hiring Continuing to Improve
December 6, 2012

Share With Friend CHELMSFORD, Mass. - (BUSINESS WIRE) - Kronos Incorporated today announced the December release of the Kronos Retail Labor Index , a family of metrics and indices that characterize the current state of the demand and supply sides of the...

Lowe's continues down transformation road
December 6, 2012

New York -- Mooresville, N.C.-based Loweโ€™s is telling investors and analysts that changes are in the works, a message it has delivered steadily over the last several quarters. โ€œWe will evolve our sales culture across all channels to better understand...

Lululemon Athletica profit rises 48%
December 6, 2012

Today 7:35 AM ET (MarketWatch) Lululemon Athletica Inc. (LULU) (CA:LLL) said Thursday its third-quarter profit rose to $57.3 million, or 39 cents a share, from $38.8 million, or 27 cents a share, in the year-ago period. Revenue at the apparel company...

Thanksgiving drew more shoppers than Black Friday -Reuters/Ipsos
December 6, 2012

* 30 pct said they shopped on Thanksgiving - Reuters/Ipsos poll 29 pct said they shopped on Black Friday * First time for 32 percent of Thanksgiving in-store shoppers Dec 5 (Reuters) - Opening their doors and offering sales on Thanksgiving did more...

H&M Launches Global Clothing Collection and Recycling Program
December 6, 2012

H&M is the first fashion company to launch a clothing collecting initiative worldwide, which begins in February. At that time, customers will be able to hand in used garments in H&M stores in all 48 markets. "Our sustainability efforts are rooted in a dedication to social and environmental responsibility. We want to do good for the environment, which is why we are now offering our customers a convenient solution to be able to leave their worn out or defective garments with H&M," said Karl-Johan Persson, CEO of H&M.

Big Lotsโ€™ CEO Under SEC Scrutiny for $10 Million Stock Sale
December 5, 2012

The U.S. securities regulator is investigating a $10 million stock sale in March by Steven Fishman, chief executive of close-out retailer Big Lots, who announced his retirement on Tuesday, The Wall Street Journal reported, citing a person familiar with the inquiry. The U.S Securities and Exchange Commission allows company executives to trade their own stock by using a preset trading plan called "10b5-1," even when they have access to private information.

Gymboree profit, comps dip in Q3
December 5, 2012

San Francisco -- The Gymboree Corp. reported Wednesday that net income for the quarter ended Oct. 27 fell 22.6% to $46.9 million from $60.6 million in the year-ago period. Sales edged up 2.8% to $311.5 million, but same-store sales dipped 4% in the...

J.C. Penney Sees Risks in Morale, Efficiency as Employees Leave
December 5, 2012

J.C. Penney Co. (JCP), the department-store company undergoing a turnaround led by Chief Executive Officer Ron Johnson, said its operating efficiency may be hurt after it fired employees while others left voluntarily. The company listed new โ€œrisk...