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Ann Inc. Q4 profit tops Street; launching international shipping
New York -- Ann Inc., parent of Ann Taylor and Loft, said Friday that its fourth-quarter profit rose to a better-than-expected $2.37 million from $2.18 million a year earlier.
Sales rose 7.2% to $607.7 million. Total company store- sales for the quarter decreased 0.7%. By brand, same-store sales increased 1.4% across the Ann Taylor brand and fell 2.1% across the Loft brand.
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RetailMeNot launches online magazine
AUSTIN, Texas — Online coupons site RetailMeNot.com has launched a new online magazine, The Real Deal by RetailMeNot. As the editorial voice of RetailMeNot.com, the lifestyle daily delivers shopping, fashion, beauty, parenting, personal finance and seasonal advice to help consumers get more for their money, so they can get more for their lives.