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American Eagle Outfitters said it would exit its children's apparel business, which had a loss in the last fiscal year. The company said it was "exploring options," including a full or partial sale of assets for the 77kids by American Eagle brand, the company said in a statement. The brand had a net loss of $24 million on sales of $40 million in the year ended Jan. 28, according to the statement. American Eagle said in a separate statement that its chief financial officer, Joan Hilson, planned to step down after more than six years at the company.

Earlier this week we profiled digital marketing execs from General Mills and GE on how they're running their organizations like publishers. For our third and final installment in this series on content marketing, we sat down with Julia Fitzgerald, chief digital officer, fitness, sporting goods and toys at Sears Holdings.

Nashville, Tenn. -- Kirkland's first-quarter profit dropped 38% amid promotions and price cuts. The company also issued disappointing predictions for the current quarter and full year. Kirkland’s said it earned $2 million for the quarter ended April 28, down from $3.2 million last year. Sales rose 3.6% to $97.8 million from $94.4 million. Same-store sales edged down 1.2%. The home décor chain said it increased marketing to counter a drop in sales.

I've always thought of ladies with bags covered in designer logos as walking advertisements. However, I understand and appreciate the high-quality materials and level of craftsmanship that comes with the premium price tag. Being one who is drawn to deals and always wanting a bargain, I turn to flash-sale sites to look for designer goods. Recently, I visited Gilt.com, a flash-sale site that offers lower prices on luxury brands, and found the perfect bag for spring. I definitely felt guilty for coveting a tote that was equal to two round-trip tickets to the Caribbean. 

SHARE: Email Print LinkedIn Facebook Twitter Although CVS Caremarks absolute carbon emissions increased 1.2 percent from 2010 to 2011, when calculated against the retailers overall square feet of retail space operated, emissions actually declined by 3.85 percent. In 2011, the drug chain reported 1,800,500 metric tons of carbon equivalents, up from 1,778,000 metric tons in 2010. In 2011 the company released 0.25 metric tons of carbon per square foot of retail space, a slight decline from 0.26 metric tons per square foot of retail space released the prior year, slightly reducing its carbon intensity, according o the companys newly

Bidz.com, an online retailer of jewelry, announced that it's entered into a definitive merger agreement with Glendon Group to be acquired for $0.78 per share in cash. This per share price represents a premium of 59.2 percent over the company's closing price of $0.49 per share on May 16, 2012, the last trading day prior to the execution of the merger agreement. The proposed transaction is expected to close in the fourth quarter of 2012. Following completion of the transaction, Bidz.com would become a privately held company.

A Federal District Court in Washington, D.C. unsealed a case against retailers accused of transshipping Chinese-made pencils to avoid antidumping duties. The four named defendants are Staples, OfficeMax, Target and Industries for the Blind. The defendants are accused of transshipment of Chinese-made pencils through third countries such as Taiwan, Indonesia and Vietnam by U.S. importers. The importers would knowingly buy Chinese-made pencils in those countries and claim to U.S. Customs that they originated in those countries. If guilty, the defendants are subject to three times the loss of revenue to the government and a 10 percent duty for false country of origin marking.

Canton, Mass. -- First-quarter net income dropped 45% at Casual Male Retail Group Inc., hurt by a higher tax rate. The chain’s tax rate jumped to 40.4% from 10.1% due to the reversal of a valuation allowance in fiscal 2011. The retailer reported Friday that it earned $2.3 million for the three months ended April 28. That's down from $4.2 million in the year-ago period. Revenue edged up slightly to $95.9 million from $95.8 million on better sales at its DXL and Casual Male XL stores and more money spent per customer. Same-store sales increased 2%.

Silver Jeans Co., the Canadian-based retailer that's gained a reputation for high quality and well-fitting jeans in the midluxury denim market, announced the expansion of Silver Jeans Co. branded stores in the United States. The announcement marks the start of a global retail strategy for the brand and the creation of a new retail division within the Silver Jeans Co. corporate structure. Silver Jeans Co. will focus on a multidoor plan in the U.S., with the first new store project to open in early 2013.