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Ross Stores profit rises 11% in Q3, sales miss
November 15, 2012

Pleasanton, Calif. -- Ross Stores Inc. reported Thursday that net income rose 10.8% to $159.5 million in the third quarter, compared with $144 million a year earlier. Revenue rose 10.6% to $2.26 billion, missing Wall Street’s expected $2.34 billion in...

Lost a Sock? Betabrand Has You Covered With Facebook-Powered Insurance Program
November 15, 2012

If you buy a pair of socks from Betabrand and then lose one of those socks (within a year), the clothing company will replace the missing sock at no charge — provided you upload a funny photo to Betabrand's site and Facebook page. The campaign, or "sock insurance" as the brand calls it, is a way to interact with consumers on Facebook and a great customer service effort. In order to be eligible for sock replacement, consumers must buy a pair of Betabrand insured socks and have a Facebook account to upload the funny photo of their sock.

Retail Employees Fight ‘Black Friday Creep’
November 15, 2012

Ideally, Casey St. Clair would be spending Thanksgiving relaxing and eating dinner with her boyfriend and his family. Instead, the part-time Target employee and substitute teacher will work next Thursday night during the early kickoff of the big-box retailer's Black Friday sale. Stores will open at 9 p.m. on Thanksgiving this year, reflecting a wider shift in the retail industry toward getting a head start on the biggest shopping day of the year. As it stands now, Toys"R"Us, Wal-Mart, Sears and Kmart will be the first large retail chains to open their doors for bargain hunters at 8 p.m. 

American Apparel Billboard Causes Controversy
November 15, 2012

Too sexy for SoCo. That's what moms are saying about an American Apparel ad displaying a woman in tights and a nude bra. It catches your attention. The lady in the nude bra and black tights above the American Apparel store has caused a lot of people along South Congress to do a double take. Moms Greta Atkinson and Page Janeff say it has no place in their neighborhood. "I was really offended by it," Atkinson said.

Dollar Tree reports jump in profit for third quarter
November 15, 2012

Posted to: Chesapeake Consumer - Retail Connect with the business team Subscribe to RSS headline updates from: Powered by FeedBurner More local business news | Local stocks The Virginian-Pilot Dollar Tree Inc. today reported a third-quarter...

Buckle Q3 profit rises 9%
November 15, 2012

Kearney, Neb. -- The Buckle reported Thursday that net income for the quarter ended Oct. 27 rose 9% to $41.9 million, boosted by online strength and higher same-store sales. Overall revenue rose 4% to $284.1 million, beating Wall Street’s predicted...

Gap ups outlook on strong Q3
November 15, 2012

San Francisco -- Gap Inc. raised its outlook for the year after reporting better-than-expected net income for the third quarter on growing sales. It was the latest sign that the long beleaguered chain may be finally entering a turnaround. For the three...

Abercrombie and Fitch profit surges in Q3, raises outlook
November 14, 2012

Columbus, Ohio -- Abercrombie and Fitch reported Wednesday net income of $71.5 million for the third quarter, compared with $50.9 million in the year-ago period and beating Wall Street expectations. The retailer is forecasting annual earnings above...

Aeropostale Acquires Online Fashion Footwear and Apparel Retailer GoJane.com
November 14, 2012

Aeropostale, a mall-based specialty retailer of casual and active apparel for young women and men, today announced that it's acquired online women's fashion footwear and apparel retailer GoJane.com. Based in Ontario, Calif., GoJane is a rapidly growing women's fashion retailer, with an extensive footwear assortment and a select offering of fashion apparel and accessories. The company was founded in 1998 by Tony Pang and Kurt Kimura, and generated approximately $19 million in revenue in fiscal 2011.