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  • Footwear retailer hits Q4 goals, surpasses $1 billion in sales

    Highly promotional activity and increased multichannel initiatives not only helped Shoe Carnival hit its expectations, but exceed $1 billion in net sales for the year.   For the quarter ended January 28, 2017, the retailer’s net sales were $234.2 million, a 0.2% increase, compared to net sales of $233.7 million for the fourth quarter of fiscal 2015. While it was in line with its goals, this was just shy of Wall Street’s prediction for sales of $235 million.  

  • Young women’s apparel chain exploring options

    Industry experts are predicting that Bebe stores will be the next apparel retailer to declare Chapter 11.   The fashion retailer on Thursday said it had retained B. Riley & Co.as financial advisor, and has also has hired a real estate advisor to “assist with options related to its lease holdings."  

  • Real estate experts: Still business as usual at Sears

    Despite dire statements made on a recent SEC filing, Sears and Kmart stores will remain as fixtures on the retail landscape for some time to come, according to retail real estate experts contacted by Chain Store Age.   “The news was not news,” said REIT analyst Alexander Goldfarb of Sandler O’Neill + Partners about a Sears filing that questioned its own future as a “going concern.”  

  • NRF: A late Easter could spur record spending

    With Easter being almost a month later than last year, Americans are on track to spend more than ever, according to the National Retail Federation.  

  • Sears issues dire warning about its ability to survive

    The fat lady is singing at Sears Holdings Corp.   The long-struggling retailer said on Tuesday that there was “substantial doubt” that it could stay in business.   

  • ‘Hold on a minute,’ says Sears

    Sears Holding Corp. tried to walk back the uproar it caused early Tuesday morning when the struggling retailer included cautionary language about whether it would be able to continue as a "going concern” in its annual 10-K filing.   

  • Commentary: Shopping center owner ahead on the curve on Sears

    Sears Holdings Corp.’s acknowledgement in a filing on Tuesday that the retailer had “serious doubt” about its future came as no big surprise to the retail industry, including Joseph Coradino, chairman and CEO of PREIT, a publicly traded real estate investment trust that owns and manages 23 million square feet of retail and lifestyle space.   

  • Commentary: Francesca’s will remain one of the winners in the fashion space

    Håkon Helgesen, analyst at GlobalData Retail, comments on Francesca’s fourth quarter and full year results:  
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