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  • Jos. A. Bank Q4 income rises 8%

    Hampstead, Md. -- JoS A. Bank Clothiers Inc. said Wednesday that its fiscal fourth-quarter profit rose 8% amid improved sales. But the chain cautioned that softer-than-expected customer traffic and milder winter weather is pressuring its first-quarter performance.

    Jos. A. Bank reported net income of $44.1 million for the period ended Jan. 28, up from $40.9 million a year earlier.

    Revenue increased 9% to $346.3 million, from $318.3 million.

  • Family Dollar delivers another strong quarter

    MATTHEWS, N.C. — Rising gas prices and a cautious consumer environment continues to benefit the dollar store, with Family Dollar being the latest example. The company reported that net income for the second quarter of fiscal 2012, ended Feb. 25, increased 10.7% to $136.4 million compared with net income of $123.2 million for the second quarter of fiscal 2011. Net income per diluted share for the quarter increased 17.3% to $1.15 compared with 98 cents for the second quarter of fiscal 2011.

  • Play ball! April comps to get Fan Central boost

    Opening day for Major League Baseball is April 5, and Target was on its promotional game this past weekend featuring assortments of MLB licensed products in its weekly ad.

  • Staples comes to aid of last-minute tax filers

    FRAMINGHAM, Mass. — April 17 is almost here, and Staples is making it easier for customers to meet the tax-filing deadline by offering free copies of tax returns and one-stop shopping on essentials such as tax-filing software and organizational products. Starting April 8 and continuing through tax-filing day on April 17, Staples Copy & Print Centers (with full service at all Staples locations) will provide savings to its customers by offering 30 pages of free tax return copies (15 double-sided sheets).

  • Retailers Seek Alternate Financing Options

    By Seth Broman, [email protected]

    Despite news of a slowly recovering economy, small businesses are still being overwhelmingly turned down for bank loans. Tight credit restrictions and high loan eligibility requirements are leaving retailers with a lack of access to credit, stunting their ability to prosper and contribute to economic growth.

  • Disney celebrates 25 years

    PASADENA, Calif. — On March 28, Disney Store will celebrate its 25th anniversary by giving the first 250 guests at each location silver commemorative Mickey Mouse ears. In addition, Disney Store will host a variety of family fun activities throughout the day, including Disney trivia, games, a dance party and more. As an added bonus, guests will receive 25% off purchases made in store and online at DisneyStore.com for the entire day.

  • TRU plays up positives of otherwise lackluster Q4

    WAYNE, N.J. — The decision to open fewer Express stores during the 2011 holiday selling season, along with a decline in comparable-store sales both in the United States and internationally, contributed to Toys“R”Us's fourth-quarter net sales decline of $47 million to $5.9 billion. On a positive note, the company's new ventures in Greater China and Southeast Asia have offset the sales decline.

  • Shoe Carnival profit dips in Q4; to open 30 stores in 2012

    Evansville, Ind. -- Shoe Carnival reported Thursday that net income for the quarter ended Jan. 28 dipped to $3.3 million, from $4.4 million. Sales edged up 1.1% to $181.9 million in the quarter, and same-store sales dropped 3%.

    President and CEO Mark Lemond told investors that heavy promotional activities to rid the chain of cold-weather footwear after an unseasonably warm winter had a negative impact on margins.

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