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Dollar General reports strong second quarter
September 6, 2012

GOODLETTSVILLE, Tenn. – Second quarter sales rose more than 10% at Dollar General Corp. as new stores and a 5.1% increase in same-store sales drove the top line. In addition, net income soared 47% to $214 million, or 64 cents per diluted share....

Cherokee acquires Liz Lange Maternity and Completely Me brands
September 6, 2012

Sherman Oaks, Calif. -- Brand management company Cherokee Inc. said Thursday that it has acquired the Liz Lange Maternity and Completely Me brands from LLM Management Co., an affiliate of Bluestar Alliance, for about $14 million, effective Sept. 4. The...

Gymboree Corp. narrows loss in Q2; on track to open 115 stores
September 6, 2012

San Francisco -- The Gymboree Corp. reported Wednesday a loss of $14.1 million in the second quarter, compared with a loss of $6.9 million for the same period last year. Sales rose 3.8% to $268.8 million, from $259.0 million last year, and same-store...

Social Media's Issue: Does it Drive Sales?
September 6, 2012

Call it the Facebook backlash. The company's disappointing initial public offering has increased scrutiny throughout the social media space, including in the fashion world. Brands are now analyzing their social media efforts more than ever and are asking a key question: What's the return?

Saks to Officially Open DC in Middle Tennessee
September 6, 2012

Retailer Saks Incorporated is set to celebrate the opening of its new distribution and fulfillment facility in LaVergne, Tenn., this month. The distribution center occupies approximately 564,000 square feet of space in LaVergne, which is in Rutherford...

Saks Fifth Avenue Sets Store Closures
September 6, 2012

Most Recent Articles On Fashion Scoops More Articles By David Moin SAKS CLOSURES: Saks Fifth Avenue will close two stores, in Renaissance Place in Highland Park, Ill., and in the Arboretum Market in Austin, Tex., both on Dec. 31. About 60 people are...

Costco founder’s politics at odds with members’
September 5, 2012

Costco co-founder and former CEO Jim Sinegal appeared on CNBC Wednesday morning to offer a preview of his speech tonight at the Democratic National Convention and explain why he supports the re-election of president Barack Obama. Appearing live from...