Skip to main content

Retail

  • Tuesday Morning says goodnight to e-commerce

    Dallas -- Tuesday Morning Corp. is ceasing e-commerce operations to focus on providing in-store assortments. A statement on the retailer’s website says that due to the nature of its closeout business, it will no longer sell items online but instead focus on the quality and price of assortments in its stores.

  • Nordstrom Q2 income up, but cuts forecast on soft sales

    Seattle -- Nordstrom said its net income for the fiscal second quarter, ended Aug. 3, rose to $184 million from $156 million in the year-ago period. But the department store retailer cut its yearly forecast, citing softer-than-anticipated sales trends.

    Nordstrom said revenue rose 6.4% % to $3.1 billion, short of the $3.29 billion Wall Street expected. Total company same-store sales increased 4.4%.

  • Walmart lowers full year forecast on soft Q3 sales

    Bentonville, Ark. -- Wal-Mart Stores lowered its full year profit forecast early Thursday after reporting weaker that expected second quarter U.S. same-store sales at its U.S. division and suggested global economic conditions remain challenging.

  • Dillard’s Q2 profit on the upswing

    Little Rock, Ark. -- Dillard’s saw net income rise to $36.5 million in the quarter ended Aug. 3, compared with $31 million in the same period last year.

    Revenue was flat at $1.48 billion and same-store sales edged up 1%, boosted by strength from ladies accessories and lingerie.

    “Positive comparable store sales and gross margin expansion combined with continued expense control enabled us to report another quarter of year over year improvement,” said CEO William T. Dillard II.

  • General Growth names fearless fashionista blogger

    Los Angeles — Self-proclaimed beauty and fashion junky, Jennifer Geisman, creator of Beautygrl.com, has begun writing a new fashion and lifestyle blog, “Fearless Fashionista,” for four Southern California retail centers, owned and managed by General Growth Properties.

    The centers include Galleria at Tyler, Glendale Galleria, Northridge Fashion Center and Otay Ranch Town Center. The blog is available at each center’s website.

  • Sportsman’s Wearhouse deploying new mobile scanning accessory from Honeywell

    New York -- Sporting goods retailer Sportsman’s Wearhouse is deploying a new tool from Honeywell’s Honeywell Scanning and Mobility group in time for the holiday shopping season. The chain will equip workers in its 46 stores with Honeywell’s new Captuvo SL22 for iPod Touch mobile digital devices.

  • Sport Chalet swings to loss in Q1

    Los Angeles -- Sporting goods retailer Sport Chalet generated a loss of $2.8 million in the first quarter, compared with a profit of $100,000 in the year-ago period.

    Sales slipped 2.8% to $81.5 million from $83.8 million, and same-store sales fell 0.7%.

X
This ad will auto-close in 10 seconds