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Moody's: Retailers That Opened Early on Thanksgiving Night Gained Advantage
November 30, 2012

Retailers that opened early on Thanksgiving evening gained an advantage and that promotional activity was about on par with last year, according to a new Moody's report, Thanksgiving Weekend: The Early Bird Gets the Worm. "Overall, the trends we observed this weekend are consistent with our expectations of 4 percent sales growth and 15 percent online sales growth for the 2012 holiday shopping season," said Charlie O'Shea, vice president, senior analyst at Moody's and author of the report.

Pier I Q3 sales up 10.9%; holiday shopping starts strong
November 30, 2012

Fort Worth, Texas -- Pier I said its total sales increased 10.9% to $425 for the third quarter, ended Nov.15, with comparable-store sales rising 7.9% from the year-ago period. “Excluding the impact of Hurricane Sandy, we estimate that third-quarter...

Fast Retailing Co Ltd to Acquire J Brand Holdings, LLC
November 30, 2012

Fast Retailing Co Ltd announced that it will purchase a 80.1% stake in J Brand Holdings, LLC, which is engaged in the manufacturing and sale of clothes in the United States, for approximately USD 300 million, in December 2

Video: Target's Interactive Shopping Film
November 30, 2012

Target launched a new blend of entertainment and shopping this past October with a three-part series short film that simultaneously merchandises the complete outfit each actor is wearing. The user interface features the main target.com menu, a video player screen, the merchandised product list on the right side of the video and shopping cart favorites at the bottom of the video.

Bettie Page makes New York City debut
November 29, 2012

Las Vegas -- Tatyana Designs opened its first Bettie Page store in New York City, in Manhattan’s Bowery neighborhood. The iconic area has recently become a flashpoint for cutting edge, fashion forward designers. "It's perfect for our brand," noted...

J. Crew profit surges 54% in Q3
November 29, 2012

New York -- J. Crew Group reported Thursday that net income for the third quarter rose 54% to $33.2 million, from $21.6 million in the prior year. The retailer also has signed a lease for its first store abroad, on London’s Regent Street, Women’s Wear...

Apparel Tops Cyber Monday Buys
November 29, 2012

Apparel topped the list of items purchased by the estimated 129 million people who went online on Cyber Monday, according to the National Retail Federation. Three in every 10 online shoppers (31.4 percent) bought clothing and clothing accessories online...

Barnes & Noble swings to profit in Q3
November 29, 2012

New York -- Barnes & Noble reported Thursday net income of $2.2 million for the quarter ended Oct. 27, compared with a loss of $6.6 million in the year-ago period. Revenue was nearly flat at $1.88 billion, missing Wall Street’s expected $1.91 billion in...

Coldwater Creek Announces Succession of CEO, Strengthening of Merchant Team
November 29, 2012

Coldwater Creek announced that Dennis Pence, its co-founder, chairman of the board and CEO, will retire as CEO effective Dec. 31. Commensurate with this announcement, Coldwater Creek's board of directors appointed the company's president and chief merchandising officer, Jill Brown Dean, as president and CEO, effective Jan. 1, 2013.