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NEW YORK ? Gap Inc. said Thursday that its July sales at stores open at least one year rose 10%. Analysts, on average, had expected same-store sales to rise 3.8%, according to Thomson Reuters. Net sales for the four weeks ended July 28 rose to $1.06 billion compared with $950 million in the comparable period a year ago. Second-quarter net sales rose 6% to $3.58 billion. The apparel retailer said it expects fiscal second-quarter earnings to be in the range of $0.47 to $0.48 per share, compared with $0.35 a share for the second quarter last year.

Amazon on Wednesday reiterated its call for federal legislation that would pave the way for states to begin requiring online sellers from out of state to remit sales taxes, urging members of the Senate Commerce Committee to rally behind the Marketplace Fairness Act. In his opening statement at a hearing considering the bill, Paul Misener, Amazon's vice president for global public policy, rattled off a litany of objections to the proposal that have been raised over the many years that the issue has been up for debate, offering an answer to each. Misener told lawmakers that the bill would

Retail Same Store Sales Up 19%, Wholesale Same Store Sales Up 12%, Intl Same Store Sales Flat FORT WORTH, Texas, Aug. 2, 2012 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. reported today that sales for the month of July were $5.8 million, up 15% compared to July 2011 sales of $5.1 million. Year to date sales are up 10% to $40.8 million in the current year from $36.9 million last year. Retail Leathercraft's sales rose 19% to $3.4 million compared to July 2011 sales of $2.9 million. All 77 stores are considered comparable stores

Discounts and back-to-school deals attracted consumers Americans were willing to spend money at retailers last month. Despite the summer heat, consumers flocked to stores to take advantage of discounts and inventory clearance sales. The International Council of Shopping Centers reported that sales at U.S. stores open for at least a year rose 4.6% in July, topping the 3.1% increase Wall Street had expected, Reuters noted. July is typically a slow month for retailers. Analysts noted that retailers had begun promoting back-to-school products earlier than in prior years. While the better-than-expected retail numbers were welcome, analysts said that they did

_ PARK CITY, Utah, Aug. 2, 2012 (GLOBE NEWSWIRE) -- Skullcandy, Inc. a high growth performance lifestyle audio brand, announced today the appointment of Sam Paschel as Executive Vice President of Product Development and Merchandising, effective September 14, 2012. Paschel will replace Daniel Levine, the Company's Chief Merchandising Officer. Mr. Levine announced his intention to resign on August 1, 2012 in order to pursue a new opportunity. "Creating great audio products is core to our DNA and the product engine is a key driver of the Company's growth and success," said Jeremy Andrus, Skullcandy CEO. "Sam's strong background in

Macy’s, Inc. Same-Store Sales Up 4.1% in July CINCINNATI--(BUSINESS WIRE)--Aug. 2, 2012-- Macy’s, Inc. (NYSE:M) today reported total sales of $1.693 billion for the four weeks ended July 28, 2012, an increase of 5.1 percent compared with total sales of...

Time flies when you're looking at a Victoria's Secret catalog. Being exposed to sexually arousing images like those in a Victoria’s Secret catalog may slow down the way people perceive time and make them more impatient when it comes to getting delayed rewards, according to a study from Professor Gal Zauberman of the Wharton School and Professor Kyu Kim of USC Marshall School of Business.

Dallas-based Neiman Marcus Inc. reported strong fourth-quarter and fiscal-year revenue increases, citing high sales online and in its Texas stores. Total revenue for Neiman Marcus increased 9. 3 percent from $920 million in 2011 to $1.01 billion. Sales in the company’s specialty retail stores, which include Neiman Marcus, Last Call and Bergdorf Goodman, were up 5.3 percent. Online and catalog sales increased 18.8 percent. The company said revenue was strongest in its seven Texas stores and in the southeast, which includes seven Florida stores and one in Atlanta. For the fiscal year, Neiman Marcus total revenue increased 8.6 percent

Aug 2 (Reuters) - Women's apparel retailer Wet Seal Inc reported a bigger-than-expected fall in sales at its stores open for at least a year as higher prices and new styles put off shoppers. July same-store sales at the company fell 15.6 percent, below analysts expectations of a 14 percent decline, according to Thomson Reuters data. The company's move away from fast fashion merchandising practices has hurt results at both its namesake and Arden B stores in the past few quarters. Higher prices for many products has also put off shoppers. The company has been struggling to woo fashion-conscious

Naperville, Ill. -- Office Max Inc. reported Thursday net income of $10.7 million for the second quarter, besting Wall Street predictions and representing a strong turnaround from last year’s $3 million loss stemming from store closures and severance expenses. Revenue for the quarter slipped 2.7% to $1.6 billion, missing analysts’ forecasted $1.64 billion in revenue. The office supply retailer said it will reinstate its quarterly common stock dividend, which it suspended more than three years ago. As reported previously, OfficeMax’s full year outlook includes a net reduction in store counts with as many as 35 store closures and one