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New York -- Swedish fast-fashion retailer Hennes & Mauritz (H&M) plans to call its new retail brand “& other stories” according to various media reports. H&M will neither confirm nor deny the reports. But Swedish news outlet Dagens Nyheter reported that trademarks and logos for '& other stories' were registered by a Swedish firm last year, and that Camilla Emilsson-Falk, head of media relations for H&M, confirmed the details. The new brand, set to launch next spring in Europe will feature higher price points and better quality materials. “The new chain of stores will be independent and complement

5:00PM Groupon — Chicago’s golden-boy tech startup whose founders became billionaires when it went public — tripped over its own feet again Friday. The company, based in the old Montgomery Ward catalog warehouse at 600 W. Chicago, surprised Wall Street after the close on Friday when it disclosed in a regulatory filing that it’s having trouble with its financial controls. It also lowered its fourth-quarter earnings statement — the first results it had reported as a public company. Groupon’s auditor flagged the online coupon site for failing to set aside enough money for customer refunds. Groupon has started offering

Trefis Team, Contributor Move up Move down Urban Outfitters Stages Respectable Comeback After CEO Split Trefis Team Contributor American Eagle Riding Arab Spring To $18 Stock Price Trefis Team Contributor Abercrombie Brings In Big Blue To Crank Up Web Sales Trefis Team Contributor Abercrombie Stock Dresses Up Well, Going To $64 Trefis Team Contributor American Apparel (Photo credit: Wikipedia) Apparel and accessories businesses are seeing faster growth than any other e-commerce product segment. [1] According to a recent report by eMarketer, the apparel

Indianapolis -- Finish Line Inc. posted earnings of $41.9 million for the fourth quarter, compared with $34.2 million in the year-ago period. But the chain forecast a plunge in first-quarter earnings due to lower margins. Sales in the quarter ended March 3, 2012, rose 18.6% to $456.3 million, ahead of analyst estimates of $432.62 million. Same-store sales rose 10.8%. For the full fiscal year, consolidated net sales increased 11.4% to $1.37 billion. Same-store sales increased 9.2%.

German supermodel Claudia Schiffer will be revisiting her famous black-and-white ads for Guess?, shooting a series of similar spots in honor of the brand's 30th anniversary. Just as she did in her six campaigns shot between 1989 and 1991, Schiffer will be posing for photographer Ellen von Unwerth.

Goodlettsville, Tenn. -- Dollar General Corp. announced the opening of its 10,000 store, giving the retailer a coast-to-coast presence for the first time in its history. The location is in Merced, Calif., and is due to officially open on Saturday. It will be Dollar General’s fifth store to open in California. “Opening the doors of our 10,000th store is a meaningful day for all of us at Dollar General, and we are excited to celebrate the occasion in California,” said Rick Dreiling, Dollar General’s chairman and CEO.

MINNEAPOLIS -- In order to grow, Best Buy is shrinking. The largest U.S. specialty electronics retailer for years expanded quickly by opening big-box stores across the country. But shoppers have started using the hulking stores as showrooms where they can...

You're likely familiar with PayPal as an online payment system. The company's logos are frequently found on eBay pages or on other websites. Click it and you can pay big or small retailers online via credit card or checking account.

The head of fashion retail chain Glue has warned brands engaging in constant discounting they may be barred from appearing in any of the company's stores, in a twist on the usual retail price maintenance debate. 

Brentwood, Tenn. -- Hobby Lobby International has named its first female president, hobby industry veteran, Debra Love. Love has been at Hobby Lobby since 2009 when she joined as VP IT and communications, and most recently served as executive VP.