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  • Ross Stores well dressed for income growth

    PLEASANTON, Calif. — Ross Stores continues to deliver impressive earnings results, reporting net income of $148.3 million, or $1.28 per share for the second quarter ended July 30, compared with net income of $129.3 million, or $1.07 per share, for the same period last year. 

    The company reported that sales for the quarter increased 9% to $2.089 billion, with comparable-store sales up 5% on top of a 4% gain in 2010.

  • Macy's snags big name Italian designer for capsule collection

    NEW YORK — Macy’s announced Giambattista Valli as the fourth designer in its collaboration series to create a capsule collection for the retailer’s fashion “Impulse” department later this fall. Known for extravagant designs and great party dresses, the collection will be Valli’s first foray into affordable fashion, the company reported.

  • Year-end positive comp goal seems doable

    Blend equal parts easy prior year comparisons, the recent easing of gas prices with the pass through of product inflation , and Walmart could be looking at the recipe for same-store sales growth. If not in the third quarter, then certainly by the fourth quarter, which is the line in the sand the company has drawn for its U.S. business.

  • River Chase, Covington, La.

    Stirling Properties, the developer of River Chase Shopping Center in the south Louisiana community of Covington, announced that Sam’s Club is coming to the center, planning a fall 2012 opening for the new 136,000-sq.-ft. warehouse club.

    The largest open-air retail center in St. Tammany Parish, the 640,000-sq.-ft. River Chase is currently anchored by Target, Belk, J.C. Penney. Best Buy, Marshalls, Ross Dress for Less and a 14-screen Hollywood Theater.

  • Park Meadows celebrates 15 years in Denver

    South Denver’s Park Meadows regional mall is officially 15 years old -- and it is celebrating throughout the month of August with free community entertainment and activities, culminating in a free community pancake breakfast August 30, 2011.

  • TJX comps up in Q2

    FRAMINGHAM, Mass. — TJX announced that net sales for the second quarter of fiscal 2012 increased 8% to $5.5 billion and consolidated comparable-store sales increased 4%. Net income for the second quarter was $348 million and diluted earnings per share were 90 cents, compared with 74 cents per share last year. 

  • Barneys and Lady Gaga collaborate on 2011 holiday campaign

    New York City -- Barneys New York said Monday it is teaming up with pop singer Lady Gaga on a holiday campaign and Christmas window display to be called Gaga’s Workshop.

    The luxury department store retailer said that, in addition to the Gaga-themed window display, it will devote an entire floor of its Madison Avenue flagship to Gaga’s Workshop. The campaign will also feature limited-edition gift items and specially themed holiday shopping bags and packaging.

  • Saks narrows loss in Q2

    New York City -- Saks reported Tuesday that it has tightened its losses in the quarter ended July 30, posting a loss of $8.4 million compared with a loss of $32.2 million in the year earlier period.

    The luxury retailer cited increased full-price selling for the improvement, but warned Wall Street that it was heading into the fall selling season with caution because of the uncertain economic conditions.
     

  • Barneys go Gaga for the holidays

    NEW YORK — Barneys New York, announced that it has partnered with Lady Gaga for its 2011 holiday campaign.

    According to a company press release, Barneys will convert an entire floor of its Madison Avenue flagship in New York City into a dedicated space for the holiday initiative.  Starting in mid-November, "Gaga's Workshop" will be brought to life throughout the fifth floor of the Men's Store at the Madison Avenue flagship, and will also be supported in the store's iconic Madison Avenue windows, the company reported.

  • Kroger banners announce campaigns to benefit Susan G. Komen for the Cure

    LOS ANGELES — Kroger banners Ralphs and Food 4 Less have both announced fundraising campaigns to benefit Susan G. Komen for the Cure affiliates in California. 

    Customers and associates at both stores can support their local Susan G. Komen for the Cure affiliate by donating their spare change in collection canisters located at the checkstands in their neighborhood Ralphs of Food 4 Less Supermarket.The Komen fundraising camSupaign will run through Nov. 5, 2011.

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