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....
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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...
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...
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?
Reuters reported that Bain Capital LLC has matched a $700 million takeover offer for Billabong International Ltd from TPG Capital, improving the odds the struggling surfwear brand will agree to a sale. Billabong, which posted its first annual loss since...
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...
Retail Same Store Sales Up 10%, Wholesale Same Store Sales Up 8%, Intl Same Store Sales Flat FORT WORTH, Texas, Sept. 6, 2012 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. reported today that sales for the month of August were $5.8 million, up 9%...
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...
A fast-loading website is critical to a retailer's bottom line. Check out this infographic to learn the top 14 rules to a faster website.
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...