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  • Urban Outfitters Q1 net income dips; on track to open 50 to 55 stores

    Philadelphia -- Urban Outfitters reported Monday that profit for the first quarter declined more than expected, posting net income of $39 million compared with $53 million a year earlier.

    However, revenue topped Wall Street's estimates, as the operator of Urban Outfitters, Anthropologie, Free People and Terrain banners saw sales rise 9% to $524 million. Same-store sales fell 5%. But direct-to-consumer (catalogs and online) same-store sales increased 15%.

  • Dick's Sporting Goods profit, sales up in Q1; 37 stores on tap

    Pittsburgh -- Dick's Sporting Goods reported Tuesday that net income for the first quarter rose to $37.5 million, compared with $26.2 million a year earlier.

    Net sales increased 6.3% to $1.1 billion. Same-store sales rose 2.1%.

    The retailer will open 34 new Dick's Sporting Goods stores in 2011, as well as remodel 14 existing locations. It also plans to open approximately three Golf Galaxy stores and relocate one Golf Galaxy store this year.

  • DSW names former Starbucks exec as human resources head

    Columbus, Ohio -- DSW announced Tuesday that it has Todd S. Cordell as senior VP human resources, effectively immediately.

    Cordell will be responsible for all HR activities in support of DSW Stores, DSW.com, and the DSW Leased Business Division. 

    Cordell was previously VP human resources for Starbucks Coffee Co.

  • Private brands drive up JCP comps in Q1

    PLANO, Texas — JCPenney posted first-quarter net income and comparable-store sales growth thanks to strong growth in key categories and better management of expenses. 

  • Bad weather washes out Lowe's Q2 sales, earnings

    The country's second largest home center chain posted sales of $12.2 billion in its first quarter ended April 29. That's down 1.6% as the one-two punch of bad weather and weak economy took its toll.

    The company's earnings also declined -- down 5.7% to to $461 million. Comparable store sales were down 3.3%.

  • Hershey names SVP, chief people officer

    HERSHEY, Pa. — Kevin Walling has joined confectioner Hershey's team as its SVP and chief people officer, effective June 1.

    In his new role, Walling will serve as the chief architect for Hershey’s human resources, talent retention, development and recruitment, as well as total rewards strategies.

    Walling, who joins Hershey from global technology and manufacturing company Kennametal, will report to Hershey president and CEO David West.

  • Levi's names head of Dockers brand

    SAN FRANCISCO — Levi Strauss & Co. announced that it has named Anne Rohosy as EVP and president global Dockers.

    As Dockers president, Rohosy will be responsible for all product, marketing and business operations for the global khaki brand, reporting to Levi Strauss & Co.pPresident & CEO John Anderson. She moves to this Dockers leadership position after two years as a SVP, overseeing Levi’s brand commercial wholesale operations in the Americas. Prior to joining Levi Strauss & Co., she spent 15 years with Nike.

  • Travel Channel star brings exclusive luggage line to HSN

    ST. PETERSBURG, Fla. — Samantha Brown, the popular Travel Channel host, has partnered with HSN to launch Samantha Brown Luggage, her first-ever exclusive collection of travel gear. 

    "I want to help travelers simplify their lives as they experience the world with luggage that's functional and fashionable at accessible price points," said Brown.

  • By George, Asda looking to franchise apparel brand overseas

    LONDON — Wal-Mart Stores' Asda division Asda confirmed that it was exploring opportunities to franchise its George at Asda range in markets overseas.

    The company expects to announce its first overseas franchising partner in the next few months with the intention of establishing a small number of pilot stores in the Middle East in the first half of 2012.

    George currently accounts for around half of Asda’s general merchandise sales and is already a growing global brand through Walmart stores in seven countries worldwide, the company reported.

  • Ad page increase contributes to comp-store gain

    An increase promotional efforts in April contributed to Target’s 13.1% monthly same store sales gain, according to new data from the promotional intelligence firm Market Track.

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