HOLLYWOOD, Calif. , March 13, 2012 /PRNewswire/ -- Frederick's of Hollywood Group Inc. (NYSE Amex: FOH) ("Company") today announced financial results for its fiscal 2012 second quarter ended January 28, 2012 . Thomas Lynch , the Company's Chairman and Chief Executive Officer, stated, "Although we are disappointed with our performance this quarter, we are making improvements to our products and operations across the business. Our results were adversely affected by an increase in product promotions during the month of January 2012 to stimulate sales of clearance merchandise in a promotionally competitive environment, as well as an
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Retail chain Abercrombie & Fitch recently submitted plans to take over a space on the Row for a children's wear store, and the proposal is proving unpopular. In interviews with British newspaper The Guardian, Savile Row tenants explain their anti-Abercrombie stance, seemingly borne out of a fear of competition, a fear of tourists, and a touch of quintessential British snobbery.
The teen model whose parents sued Urban Outfitters for $28 million for printing provocative images of their daughter will face the retailer in court. A New York federal judge rejected Urban Outfitter's fall 2011 claim that the suit was procedurally defective. Judge George Daniels ruled that Hailey Clauson's suit will move forward, stating that the model, "has sufficiently alleged a cause of action against Urban Outfitters for use of her image to create false endorsement or false designation of origin."
Just as Lady Gaga, Justin Bieber and other celebs did for Twitter, the world of daily deals is getting some of its own glam factor, as NBA All-Star Tracy McGrady is the latest athlete-turned-entrepreneur to launch his own online business, in the form of a quasi-Groupon for sports.
Americans stepped up spending on retail goods in February, evidence that a stronger job market is boosting the economy. Consumers bought more autos, clothes and appliances. They also paid higher prices for gas. The Commerce Department says retail sales increased 1.1 percent last month, the biggest gain since September.
J. C. Penney has announced the promotion of a number of current executives and the appointment of several highly respected retail veterans who will be at the forefront of redefining the J.C. Penney brand and shopping experience.
NEW YORK (TheStreet) -- February retail sales rose 1.1%, the Commerce Department said Tuesday. Excluding autos, retail sales rose 0.9%. Economists were expecting retail sales in February to rise 1.2%. Excluding autos, sales were forecast to rise 0.7%.
Wayne, N.J.-based Aeropostale Inc. plans to open 38 stores under its Aeropostale and P.S. from Aeropostale banners in fiscal 2012. The company will open 18 and close ten Aeropostale stores, and open 30 P.S. from Aeropostale stores. The retailer also has five store remodels slated for 2012. Currently, the company operates 915 Aeropostale stores in 50 states and Puerto Rico, 68 Aeropostale stores in Canada and 71 P.S. from Aeropostale stores in 20 states. SAVE | EMAIL | PRINT | MOST POPULAR | RSS DDI's RetailDesignDiva blog is dedicated to retail design issues, opinions and frustrations of the
Social and mobile tactics were among the 384 features evaluated in the e-tailing group's 14th Annual Mystery Shopping Study. The study first focused on retailers’ websites, with a goal of tracking customer involvement, then moved to merchant Facebook pages, where 37 features were tracked.