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Strategy

  • Men’s Wearhouse looking to augment growth under new identity

    First Google became Alphabet and now Men’s Wearhouse is following suit by creating a new holding company structure under the name Tailored Brands that hints at growth aspirations beyond the male demographic.

  • Here's where the shoppers were last Christmas

    Tuesday Morning's value proposition clearly resonated with shoppers over the holidays as the off-price retailer reported an impressive increase in same-store sales for the second quarter.

    The Texas-based retailer said that for the second quarter and six months ended Dec. 31, net sales were $319.9 million for the second quarter, an increase of $18.5 million from the prior year period. Same-store sales increased 8.4%. Operating income for the second quarter was $20.6 million. Diluted income per share was 43 cents.

  • Nordstrom to open second, smaller store in Manhattan

    Nordstrom isn't satisfied with just one location in the Big Apple.

  • Hhgregg ends the year on a sour note

    Hhgregg's holiday disaster was confirmed Thursday when the struggling retailer officially posted a loss of $26.9 million in its fiscal third quarter.

    The company said that for the third quarter ended Dec. 31, net sales decreased 10.9% to $593 million, compared to the prior year third quarter.

  • Under Armour turns 20 in 2016; expects best year ever

    A 31% increase in its store count and a host of digital initiatives helped Under Armour achieve stellar fourth quarter and full year results, with 2016 expectations calling for more of the same.

  • X Team International expands into San Antonio with new partner

    San Antonio, Texas -- X Team International, an international alliance of retail real estate advisors with expertise in more than 45 major markets throughout the U.S. and Canada, announced that it has welcomed San Antonio-based REATA Real Estate as its newest partner.

  • Lands' End names new COO/CFO in wake of Q4 sales slump

    Lands’ End is making some significant executive moves in the wake of reporting a preliminary same-store sales decline of 8% to 10% for the fourth quarter.

    Lands' End announced that it has named James (Jim) Gooch as its new executive VP, COO and CFO. Gooch will report directly to Marchionni, and will be responsible for overseeing operational and financial functions for the company. He will succeed Michael Rosera, who will be leaving the company.

  • Quiksilver rides again: Retailer set to emerge from bankruptcy

    Action sports retailer Quiksilver and its nearly 1,000 stores are set to emerge from bankruptcy on Feb. 8, under the majority ownership of Oaktree Capital Management.

    Quiksilver filed Chapter 11 bankruptcy on Sept. 9, 2015 and on Jan. 28, the company and Oaktree Capital Management issued a statement indicating that funds managed by Oaktree will convert substantial existing United States debt holdings into a majority of the stock in the reorganized company on exit.

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