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Lumber Liquidators' profit more than doubles to $12.2M
July 26, 2012

A diamond in the rough of failing or barely hanging on businesses across the country. Unfortunately it's those who sell the cheap lower quality products much like Dollar General, Dollar Tree, etc. etc. I'm not saying that's bad, it's only meant as an indicator of what little money folks have or are keeping in their pockets from either job losses or ever increasing taxes to cover extremely bad management of the money they take from us in the form of taxes. These Socialist Democrats have gotta go and get replaced with free market and capitalist supporting conservative Republicans so

CVS Gives Online Beauty Club a Makeover
July 26, 2012

CVS has given its Beauty Board, a panel of beauty experts who provide interactive content and advice for fans of the CVS Beauty Club Facebook page, a "makeover.โ€ Launched in June 2011 to bring value, beauty insight and real-time advice to ExtraCare Beauty Club's 12 million members, the updated Beauty Board will include a panel of experts who are able to provide more personalized answers to fans' beauty questions. Along with direct access to the new Beauty Board, the more than 320,000 fans of the CVS Beauty Club

Sustainable Apparel Coalition Launches โ€œHigg Indexโ€ to Rate Green Apparel
July 26, 2012

Photo by Shutterstock Make way for the โ€œHigg Index,โ€ a new open-source tool for measuring apparel and footwear sustainability across the industry value chain. Developed by the Sustainable Apparel Coalition , the Index is the first public rollout from the motley crew of manufacturers, retailers, non-governmental organizations, and academic experts, which includes such bold-face names as Adidas , Esprit , Gap , H&M , Levi Strauss , Nike , Marks & Spencer , Patagonia , Timberland , Target , Walmart , the National Resource Defense Council , and the U.S. Environmental Protection Agency . Read

Fifth & Pacific narrows Q2 loss
July 26, 2012

New York -- Fifth and Pacific Cos. reported Thursday that it narrowed its loss in the second quarter to $52.1 million, compared with a loss of $89.9 million in the same period last year. Results, which beat Wall Street expectations, were boosted by strong sales from the Kate Spade and Lucky Brand banners. The company that was formerly known as Liz Claiborne Inc. saw net sales fall 6.5% to $336.9 million in the quarter, which still beat analystsโ€™ forecasted $330.8 million. Lucky Brand sales rose 15% to $112 million and Kate Spade sales jumped 48% to $101 million.

Kmart Launches Discounted Layaway Program
July 26, 2012

With very few other retailers offering layaway programs, Kmart has a point of difference in the market. Now, the retailer is looking to draw even further attention to that difference and bring in new customers by promoting a 5 percent discount on layaway purchases made for back-to-school. To qualify for the discount, Kmart customers put down $15 or 10 percent of the purchase amount, whichever is greater, and pay a $5 fee. The offer is good until August 18. The program is also available to online shoppers.

Moncler to Expand Retail
July 25, 2012

MILAN โ€” Moncler is investing in its retail chain in the U.S. with the opening this month of stores in Los Angeles and Miami.

Jones Group profit rises in Q2 despite sales drop-off
July 25, 2012

New York -- The Jones Group Inc. reported Wednesday that net income for the quarter ended June 30 soared 56% to $7.9 million, from $5 million in the year-ago period. Sales for the parent to such brands as Nine West and Anne Klein dipped 4% to $854.8 million, missing Wall Streetโ€™s expected $865.5 million in revenue, but tightened inventory controls offset the sales decline. "We have received very positive reactions from wholesale customers to our enhanced products across our brands that will ship in (the) fall,โ€ said CEO Wesley Card. โ€œAnd are confident that this will translate into improved

American Apparel Opens New Amazon Stores in Europe and Japan
July 25, 2012

/PRNewswire/ -- American Apparel, the vertically integrated clothing manufacturer based in downtown Los Angeles, has announced the launch of three new merchant stores on Amazon Marketplace in the United Kingdom, Germany and Japan. The three new stores follow the success of American Apparel's US deal with Amazon, which launched in 2010. The stores were launched in order to reach out to customers who are new to American Apparel and its products. "With our origins as a wholesale manufacturer, our emphasis has always been on dependable, quality products. We're really excited to let them speak for themselves on Amazon and

OfficeMax Elects Sharon L. McCollam to Board of Directors
July 25, 2012

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Joe Fresh Shops to Land at JCPenney
July 25, 2012

(NEW YORK) Joe Mimran's expansion plans continue at breakneck pace. The founder of Joe Fresh has just unveiled an ambitious partnership with JCPenney, announcing plans to roll out approximately 700 shops-in-shop at locations of the newly-renovated department store throughout the United States. The shops, which will range from 1,000 to 2,500 square feet, are expected to bow in April 2013, and they will launch with women's apparel. Joe Fresh products will also be sold at jcp.com. "We are extremely proud to partner with one of America's most iconic department stores, especially as they embark on a retail transformation headed