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Bebe Q2 net income down 36%
August 24, 2012

New York -- Bebe Stores Inc. reported that net income for the second quarter fell 36.2% to $3 million, from $4.7 million in the year-earlier quarter. Revenue in the quarter fell 0.6% to $131.5 million from last year. Same-store sales fell 2.5%.

Walgreens to launch loyalty card
August 24, 2012

New York -- Walgreens will launch a loyalty card on Sept. 16, Reuters reported. The move follows the chainโ€™s long insistence that it did not need a loyalty card, even as rival CVS Caremark Corp. and Rite Aid Corp had their own successful...

Big Lots, Guess Lead Retail Decliners
August 24, 2012

Big Lots and Guess led retail decliners Thursday as investors reacted to missed earnings estimates and downgraded full-year outlooks. Most retailers saw share price declines as reflected in the S&P 500's retail index's 0.6% slide at the close, while its consumer discretionary index fell nearly 1% during the session.

Rue 21 posts better-than-expected profit, but sales disappoint
August 24, 2012

No related items were found. Warrendale, Pa. -- Rue 21 earned a better-than-expected $9.1 million for the quarter ended July 28, up from $7.7 million in the same quarter last year. Revenue rose 17% to $202.1 million, from $172.8 million. Same-store...

New Rules For E-Commerce
August 24, 2012

It has taken a long time for the dust to settle from the battle for first generation e-commerce supremacy (Amazon.com and select smart brick and mortar guys won).  Fifteen years later, a confluence of macro trends on and off the Web have created a tidal wave finally strong enough to birth a whole new generation of new e-commerce companies.  Comparatively, in the same 15 years, the online photo market went through almost 4 generations of battles won and lost: Photobucket -> Flickr -> Facebook (->?) Instagram.

Pier 1 Imports Launches New E-Commerce Initiative
August 24, 2012

Pier 1 Imports said Thursday it has launched a fully redesigned website, Pier1.com, with a lineup of new features, including "Pier 1 To-You" allowing users to buy products online and have them shipped to any location in the continental United States. Additional options continue to include "Pier 1 To-Go," which launched in June 2011 and allows customers to pay for selected product offerings online and pick them up in-store with no shipping charges.

Express to Open Flagships in New York, San Francisco
August 24, 2012

Columbus, Ohio-based Express Inc. plans to open flagship stores in New Yorkโ€™s Times Square and San Franciscoโ€™s Union Square. Both are scheduled to open by fall 2013. The company also announced that it has signed a franchise agreement to open stores in...

Japanese Retailer Uniqlo Exploring Online Store for U.S.
August 24, 2012

Uniqlo is exploring building an online store for the U.S., according to a document obtained by Ad Age. The request for proposal indicates the retailer is looking for partners to help build the e-commerce site, which, if it goes according to the document's timeline, would go live in October. The Japanese retailer, in the midst of a global expansion as growth slows at home, is searching for an agency to build what it's calling a "digital flagship" for the U.S. market. It hopes to push Stateside sales to $10 billion with 20% originating online by 2020, according to the document.