New York -- Ralph Lauren Corp. is shuttering its Rugby division, Crain’s New York reported. The preppy-inspired Rugby brand, targeted at a young audience, was launched in 2004. It has 14 locations. “We continue to believe that we can service the...
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New York -- Tiffany & Co. announced that it plans to open a flagship in Paris. The approximately 10,000-sq.-ft. multi-level store will be located at 62 Avenue des Champs Elysées and is expected to open in 2014. “While we have been successful in...
COLUMBUS, Ohio, Nov. 5, 2012 /PRNewswire/ -- Limited Brands, Inc. (NYSE: LTD), parent company of Victoria's Secret and Bath & Body Works, is donating $1 million to Hurricane Sandy relief. $500,000 will be donated to the American Red Cross for immediate...
With the holiday shopping season officially underway, PriceGrabber has released additional results of its second winter holiday shopping survey, revealing where consumers will shop for gifts this year. When asked to select the ways they will shop this season, nearly all respondents indicated that they will do some online shopping from a computer. The number of consumers who plan to visit brick-and-mortar stores dropped by 2 percentage points to 46 percent compared to last year.
eBay finally announced its long awaited program for U.S. sellers shipping internationally. EcommerceBytes broke the news of the new Global Shipping Program in August, and eBay finally officially announced the program after a false start in September....
Macy’s, Inc. Launches $1 Million Drive for Hurricane Sandy Recovery Efforts CINCINNATI--(BUSINESS WIRE)--Nov. 2, 2012-- Macy's, Inc. (NYSE:M) today is appealing to its customers nationwide to join the company and its associates in a drive to raise $1...
Jacksonville, Fla. -- Body Central Corp. reported Friday that net income for the third quarter was $153,000, compared with $2.8 million in the year-ago period. Sales inched up 1.2% to $67.9 million, boosted by 7 new stores that opened during the period.
Indianapolis -- Hhgregg Inc.'s fiscal second quarter net income fell 38%, as slumping video demand drove same-store sales. But the electronics and appliance retailer beat earnings expectations and its stock soared. The retailer said that it earned $3.8...
How retailers are educating staff, customers to drive cheese sales. » Read more: Kitchenware retailer relocates to larger space in Madison, Wis. » Read more: Who Needs the Web? Mobile devices are changing shopping. Here's how to be ready. »...
Warren Buffett's Berkshire Hathaway is buying Oriental Trading Co., a provider of party supplies, arts and crafts, toys, and other items. Financial terms weren't disclosed. The acquisition is expected to close by the end of this month. Both companies are based in Omaha, Neb.