American Eagle Outfitters, Inc.

PALO ALTO, Calif. — Old Navy has become the latest retailer to partner with Shopkick, a shopping mobile app that rewards shoppers for walking into stores. Customers who have the shopkick app on their smartphones will be able to receive walk-in rewards at any of Old Navy's nearly 1,000 U.S. locations, Shopkick reported. To celebrate, Old Navy will offer $10 off of a $40 purchase plus 150 Shopkick reward points for the partnership's first weekend (Nov.

NEW YORK — With fewer retailers following in Walmart's footsteps in not disclosing monthly sales, it has become harder to gauge the overall health of the industry. Still, enough of them reported this monht to show that consumer spending slowed in October, sending a note of caution as retailers head into the holiday season. Eleven retailers missed expectations for same-store sales, while three chains beat estimates, according to a preliminary tally by Thomson Reuters.

NEW YORK — Consumer spending slowed in October, sending a note of caution as retailers head into the holiday season. Eleven retailers missed expectations for same-store sales, while three chains beat estimates, according to a preliminary tally by Thomson Reuters. However, while the October results were not as promising as some retailers had hoped, sales for the most part rose and most chains reported results that were only slightly off from analysts’ estimates. Some analysts blamed Wall Street for underestimating how much caution is still out there.

New York City -- Consumer spending slowed in October, sending a note of caution as retailers head into the holiday season. Eleven retailers missed expectations for same-store sales, while three chains beat estimates, according to a preliminary tally by Thomson Reuters. However, while the October results were not as promising as some retailers had hoped, sales for the most part rose and most chains reported results that were only slightly off from analysts’ estimates. Some analysts blamed Wall Street for underestimating how much caution is still out there.

In its seventh year, the annual Top Redevelopers survey took a little turn. Chain Store Age’s coverage of the prior year’s redevelopment highlights has been expanded to include an additional six-month period in order to make the results as current as possible. So, instead of covering redevelopment projects that occurred during calendar year 2010, this year’s results include the first six months of 2011, as well.


NEW YORK — American Eagle Outfitters announced that it has teamed up with Cotton Incorporated to launch a denim recycling program at more than 850 American Eagle Outfitters stores and 47 college campuses across the United States.

SAN FRANCISCO — Gap Inc. announced that Bella Goren, CFO AMR Corp. and American Airlines Inc., has been appointed to the company’s board of directors, effective Aug. 15. She will become the 11th member of the board and will serve on the company’s audit and finance committee.

New York City -- Search engine giant Google announced the launch of Google Wallet, a mobile payment service that allows consumers to pay for goods via their smartphones. The application is currently being field-tested in San Francisco and New York, and will be available to consumers in the summer.