New York -- Kate Spade New York said Tuesday it is unveiling a new apparel and accessories brand, Kate Spade Saturday, which will officially launch in Japan in February 2013 through e-commerce at Saturday.jp and a flagship store in Tokyo. The company...
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New York -- Coach Inc. reported Tuesday that profit for the quarter ended Sept. 29 rose 3% to $221.4 million, compared with $215 million for the same period last year and beating Wall Street expectations. Sales surged 11% to $1.16 billion, in line with...
NEW YORK - First, free haircuts for kids every Sunday. Now, free family photos for the holidays. J.C. Penney Co. said Tuesday that for the entire month of November families can have a portrait done for free. That includes sitting fees and a traditional...
Facebook hardly needs more pressure – Wall Street is providing quite enough, thank you – but the world’s largest retailer is expecting absolutely tremendous results from the social network this holiday season. Gulp. News reports out of Arkansas over the...
Retail News Breaks MINNEAPOLIS – Target Corp. has agreed to sell its entire consumer credit card portfolio to TD Bank Group (Toronto Dominion Bank) for an amount equal to the gross value of receivables outstanding at the time of closing. The portfolio...
Wal-Mart is being hit by yet another lawsuit, as a proposed class-action suit was filed Monday alleging that the world's largest retailer and its staffing agencies broke federal minimum wage and overtime laws. The suit, filed in the U.S. District Court of Illinois' Eastern Division, claims that Wal-Mart and its staffing firms, Labor Ready and QPS, required temp workers in the Chicago area to arrive early for work, stay late, and work through lunches and breaks without pay.
This particular subject line really stuck out in my inbox: "Letter and Gift From Our CEO." It grabbed my attention for a few reasons. First, a letter and a gift sound intriguing. I was curious as to what the letter would contain, and what this gift really was. In addition, having the email from the CEO was also intriguing. The "From:" line on this email said, "J.C. Penney." The subject line said it was from the CEO.
H&M, the Swedish retailer known for its affordable and fashionable apparel, will open its flagship Miami Beach store on Nov. 8, The Miami Herald reports. The retailer will have a 24,000-square-foot, two-story store in the Lincoln Theatre, which was...
The stats, from a DBD Media survey of 50 e-commerce retailers, revealed that 73 percent of businesses are inflating traffic in their reports, while 67 percent haven't integrated social media tracking. Here are some stats from the survey, while the findings from our Online Measurement and Strategy report shed some light on the barriers to effective use of Google Analytics.
Oct 23 (Reuters) - Luxury retailer Restoration Hardware Holdings Inc said it expects to sell about 5.2 million shares at between $22 and $24 each in its initial public offering. At the midpoint of the range, the offering will raise about $120...