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  • Kate Upton ads a boon for Express?

    Express Inc. says improved marketing and merchandising measures led to strong profit and revenue performance in the second quarter.

    Net income totaled $21 million, compared to $6.9 million, boosted by gross profit resulting from cost of sales growth that was significantly behind the rate of net sales growth.

    Net sales increased 11% to $535.58 million from $481.42 million. Same-store sales rose 7% and e-commerce sales grew 21%.

  • Meijer asks customers to help the hungry

    Meijer is recognizing the need to fund hunger programs in the communities it serves with a new promotion.

  • Macy's asks consumers to give back while shopping

    Macy’s is appealing to customers with a favorite cause by asking shoppers to participate in the retailer's marquee charity event.

    The retailer will hold its annual “Shop For A Cause” event, a unique, one-day-only shopping event created to support local charities’ fundraising efforts, on Aug. 29. Since 2006, the program has helped raise tens of millions of dollars for thousands of charities across the country.

  • Hibbett Sports misses Street in Q2

    Birmingham, Ala. – Hibbett Sports Inc. missed Wall Street expectations for profit and sales in the second quarter of fiscal 2015. Net income fell 20% to $8.4 million from $7 million the same quarter the prior fiscal year.   An increase in store operating, selling and administrative expenses helped cut profit. Net sales rose 3% to $199.26 million from $193.92 million. Same-store sales dropped 1.1%.  
  • Study: Amazon primes for social growth

    London, U.K. — Online retailing giant Amazon.com is the retail industry's fastest growing social media brand. According to the latest Retail Social Media Benchmark results from eDigitalResearch, Amazon tops both the Facebook and Twitter social media rankings.

    Amazon climbed to the benchmark's top spot, thanks in part to its recent Prime Day sales event, having gained more than 1.2 million new followers on its Twitter account since the last wave back in March.

  • Survey: Holiday shopping starts early, online

    Phoenix – Holiday shopping often starts earlier than commonly thought and also frequently being online. According to a new survey of more than 1,000 U.S. consumers from G/O Digital, 62% of respondents go straight to search engines when researching gifts for the holiday season and more than three-quarters look online for holiday shopping deals and discounts.

  • Holiday shopping is starting earlier than ever

    A new study seems to support the theory that holiday shopping is often starting earlier than commonly thought, especially online.

  • Kroger teaming up with Liberty Mutual

    New York -- Kroger is partnering with Liberty Mutual on a new loyalty card program for shoppers, Loyalty360 reported Thursday.

    Kroger will reward loyalty program members with fuel points for purchasing insurance, according to the agreement.

  • Dismal Q2 for Kohl’s

    New York -- It’s been a rough week for department stores.

    Kohl’s Corp. joined Macy’s and Dillard’s this week in reporting disappointing earnings and weak same-store sales growth.

    Kohl’s posted a profit of $130 million in the second quarter ended Aug. 1, down from $232 million in the prior-year quarter.

  • The turnaround plan at Kohl's isn't working

    Kohl’s has joined other major retailers this week reporting disappointing earnings and anemic same store sales growth.

    The Wisconsin-based retailer posted a profit of $130 million in the second quarter ended Aug. 1, below the $232 million in the prior-year quarter. Earnings per share were 66 cents, compared with $1.13 in the second quarter of 2014. Same store sales grew a measly 0.1%. Overall revenue increased by just 0.6%, to $4.27 billion for the quarter.

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