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Seasonal

  • Target serves up exclusive collection to 'Hunger Games' fans

    MINNEAPOLIS — "Hunger Game" fans will hope the "odds be ever in their favor" to get their hands on special collection keepsakes and an exclusive three-disc version of the blockbuster film. These premium items range from $349 to $999 – Target’s first-ever licensed product offering at this price point – and will be introduced one per day beginning on Aug. 18 to coincide with the DVD release.

  • Mixed bag for retailers in July: Discounters shine, teen retailers disappoint

    NEW YORK — Many retailers reported better-than-expected results in July as warm weather and clearance sales drew shoppers into stores. Thomson Reuters reported that three-quarters of retailers reported results beat expectations. Costco Wholesale Corp., Target Corp., Limited Brands and Gap Inc. all reported gains above expectations.

  • Department store players largely strong in July

    New York -- Helped by hot weather and clearance sales, many retailers reported solid results in July, a month that can be a tepid lead-up to the back-to-school shopping season.

    Some of the strongest showings in the month were in the department store category, as those reporting all showed July gains.

    Macy’s led the pack with a 4.1% same-store sales rise. Total sales increased 5.1% to $1.7 billion over the four-week period.

  • OfficeMax swings to profit in Q2

    Naperville, Ill. -- Office Max Inc. reported Thursday net income of $10.7 million for the second quarter, besting Wall Street predictions and representing a strong turnaround from last year’s $3 million loss stemming from store closures and severance expenses.

    Revenue for the quarter slipped 2.7% to $1.6 billion, missing analysts’ forecasted $1.64 billion in revenue. The office supply retailer said it will reinstate its quarterly common stock dividend, which it suspended more than three years ago.

  • Mixed bag for retailers in July as discounters shine and some teen retailers disappoint

    New York -- Many retailers reported better-than-expected results in July as warm weather and clearance sales drew shoppers into stores. Thomson Reuters reported that three-quarters of retailers reported results beat expectations. Costco Wholesale Corp., Target Corp., Limited Brands and Gap Inc. all reported gains above expectations.

  • Big Five Q2 profit tops Street

    El Segundo, Calif. -- Big 5 Sporting Goods Corp.'s quarterly profit beat Wall Street estimates, fueled by strong sales of apparel and footwear.

    For the second quarter, ended July 1, the company posted net income of $2.6 million.

    Sales rose 4% to $226.6 million, narrowly missing Wall Street estimates of $227.4 million, which the company attributed to July 4th-related sales shifting to the third quarter. Same-store sales increased 1.0%.

  • Jenn-Air to sponsor L.A. Food and Wine festival

    BENTON HARBOR, Mich. — Luxury appliance maker Jenn-Air has signed on as the exclusive major appliance sponsor of the second annual Los Angeles Food & Wine Festival.

    This 2012 Los Angeles Food & Wine Festival will feature more than 50 events including wine seminars, unique dining experiences, and cooking demonstrations. The event will host more than 130 celebrated chefs and 200 acclaimed wineries, with proceeds raised benefiting St. Vincent Meals on Wheels.

  • Macy's to launch collection by designer B. Michael

    NEW YORK — Macy's has partnered with fashion designer, B. Michael, for the launch of his new collection, b michael America Red. Set to debut in ten Macy's locations across the country by Aug. 15.

    "I am excited by the opportunity to share my point of view of Advanced American Style with a broader audience. We are especially pleased to have Macy's as the retailer to launch the collection -- the quintessential american department store."

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