Casual

New York -- Teen retailer Delia’s announced that its CFO, David Dick, has resigned. He will remain with the company through Aug. 1.

Hollywood, Calif. - Frederick's of Hollywood Group Inc. shareholders approved, at a special meeting of shareholders held May 28, the previously disclosed merger agreement that provides for the acquisition of the company. The merger was approved by more two-thirds of the aggregate voting power of the company's common stock.

New Albany, Ohio – Abercrombie & Fitch Co. reported a net loss of $23.7 million in the first quarter of fiscal 2014, up from $7.2 million in the year-ago period, but less than analysts had expected. Restructuring charges associated with the closure of Abercrombie’s Gilly Hicks stand-alone stores, as well as the impact of heavy discounting on profit margins, helped drive the retailer’s net loss growth. The chain backed its full-year forecast as demand in its female business improved and sales fell less than expected for the first time in six quarters.

Women’s apparel retailer Chico’s FAS increased its store count by 99 units in the first quarter even as traffic declined and profits tumbled.

Pittsburgh -- Dick’s Sporting Goods on Tuesday announced grand openings for three new stores.

The company will hold opening celebrations June 6 through June 8 for the following locations: Lawrence, Kansas; Culpepper, Virginia; Arden, North Carolina.

With the openings, Dick’s will operate 570 stores nationwide.

Aeropostale has added Stefan Kaluzny, managing director at Sycamore Partners, and Julian Geiger, former director and CEO of Crumbs Bake Shop and former chairman and CEO of Aeropostale, to its board of directors.

Arthur Rubinfeld is also stepping down as a director of Aeropostale. In addition, the company's board of directors will nominate Kenneth Gilman, currently a director of Zale Corp. and Kate Spade & Co., for election as an independent director.

New York – New York & Company Inc. swung to a net loss of $300,000 in the first quarter of fiscal 2014 from net income of $1.6 million in the first quarter of the previous fiscal year. Net sales were $219.6 million, down 4% from $227.5 million, and same-store sales declined 2.2%.

Secaucus, N.J. – The Children’s Place Retail Stores Inc. saw net income and sales fall during the first quarter of fiscal 2014, compared to the same quarter a year earlier. The company plans to open 25 new North American stores, 10 fewer than originally planned, and close 35 stores for a net reduction of 10 stores during the fiscal year.

Pittsburgh – Dick’s Sporting Goods Inc. is going to increase its focus on female customers. In a conference call with analysts discussing the company’s first quarter financial results, CEO Ed Stack said that the women’s segment has the most growth potential of any segment Dick’s targets.

Following disappointing results during the first quarter of fiscal 2014, which were consistent with the company’s expectations, American Eagle Outfitters has decided to close 150 stores in North America during the next three years, including nearly 100 AE stores.

For 2014, the company plans on closing approximately 50 AE and 20 aerie stores in North America. The store closings will translate to annualized after-tax savings of between $10 and $15 million beginning in 2015.