aggregatedcontent

Perry Ellis International reported revenue decreased 2.3 percent to $209.4 million in the second quarter ended July 28, compared to $214.4 million in the quarter ended July 30, 2011 and in-line with company guidance of a low-single digit decrease. The...

Shoppers armed with smartphones have become a major challenge for some brick-and-mortar retailers, according to a new eMarketer report, Adapting to a Showrooming World: How Retailers Are Earning Customer Loyalty. In 2011, InsightExpress found that more than one-half of smartphone owners said they had used their device for "showrooming" — i.e., looking at an item in-store before buying it online from a competitor at a lower price.

The luxury department store chain Neiman Marcus may be headed for an initial public offering as the company's private-equity owners, and TPG, look to exit ownership after holding the for seven years. the partners paid $5.1 billion for the Neiman Marcus...

GREENWICH, Conn., Aug. 16, 2012 /PRNewswire/ -- Blyth, Inc. (NYSE: BTH) today announced that ViSalus has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a potential initial public offering ("IPO") of its...

Columbus, Ohio -- Limited Brands reported Wednesday that net income in the second quarter dropped 38% to $143.6 million, from $231.2 million in the year-ago period. The owner of Victoria’s Secret, Bath & Body Works and La Senza saw revenue slip 2% in...

Two days after a major glitch impacted eBay listings, the company had nothing more to say beyond its initial acknowledgement of the problem. On Monday evening, eBay Spokesperson Ryan Moore issued a statement in response to EcommerceBytes' inquiries: "We experienced a technical issue with images today that prompted the pop-ups. The issue was resolved around 4:30 this afternoon. We apologize for any inconvenience."

NEW YORK, Aug. 16, 2012 /PRNewswire/ -- Stuart Weitzman today announced that it has expanded its executive bench with the promotion of Wayne Kulkin to the newly created position of Vice Chairman, effective immediately. Mr. Kulkin was formerly President...

Toys R Us is continuing its expansion across China with the opening of its first stores in Beijing this weekend. The company will make its debut in Northern China with two new stores on the eastern side of the capital city, with two more openings slated...

Is Sears selling itself off, bit by bit? It sure looks that way. The retailer's plan, announced this week, to divest itself of more than 1,000 Hometown and Outlet stores marks its latest move to slice off chunks of its ailing business. Eddie Lampert, the hedge fund guru who leads Sears and is its majority shareholder, has been selling off the chain's assets over the past seven years. He's done so instead of investing in reviving its 810 full-line department stores, critics say.

Hoffman Estates, Ill.-based Sears Holdings reported a second-quarter net loss of $132 million, compared with a loss of $146 million in the year-ago period. Revenues totaled $9.5 billion for the quarter ended July 28, down 6% from $10.1 million in the...