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Apparel

  • Sainsbury's selects Quantum to optimize inventory

    Leading United Kingdom retailer Sainsbury's has chosen the software and services of Quantum Retail Technology to optimize its fashion and general merchandise inventory through improved allocation and replenishment functionality.

  • Dillard’s posts positive Q1 results

    New York -- Dillard’s marked its 15th consecutive quarter of positive sales.

    Despite weak sales in home and furniture, Dillard’s said sales trends in the first quarter were strongest in the men’s apparel and accessories category and the juniors’ and children’s apparel category followed by ladies’ accessories and lingerie.

    The retailer reported total merchandise sales for the quarter of $1.539 billion, a 1% increase from $1.530 billion for the prior-year period. Comparable-store sales increased 2%.

  • comScore: Q1 digital spend hits $63.4 billion; desktop up 12%, mobile 23%

    Reston, Va. -- Desktop e-commerce spending in the first quarter of 2014 rose 12% year-over-year to $56.1 billion, marking the eighteenth consecutive quarter of positive year-over-year growth and fourteenth consecutive quarter of double-digit growth, according to comScore. M-commerce spending on smartphones and tablets added $7.3 billion for the quarter, up 23% vs. year ago, for a digital commerce spending total of $63.4 billion in the first quarter.

    Other highlights from the first quarter included:

  • Report: Conflict of interest may endanger Signet-Zale acquisition

    Dallas – A previously undisclosed conflict of interest may endanger the proposed $1.4 billion purchase of jewelry retailer Zale Corp. by rival Signet Jewelers. According to the New York Times, Bank of America, which represented Zale in talks with Signet, failed to disclose it had made an unsolicited presentation to Signet in October 2013 where it advised Signet to consider purchasing Zale.

  • Retail Coming Attractions

    New York -- From indie favorites to mass-market British brands, here are seven retailers getting ready to make their U.S. brick-and-mortar debut:

    1. Nasty Gal

  • Trademark partners with Rice University

    Fort Worth, Texas — Rice Management Co. has selected Trademark Property Co. to oversee asset and property management, leasing and repositioning of the village Arcade in the historic Rice Village district of Houston, Texas.

    The selection comes after Rice University exercised an option to acquire the leasehold interest in the two-level 195,000-sq.-ft. open-air retail center from the current owner, Weingarten. Closing is set for the third quarter of this year.

  • Nordstrom Q1 profit slips but tops estimates; 20 stores on tap by year-end

    Seattle -- Nordstrom Inc.’s net income for the first quarter fell 3% to $140 million from $145 million in the year ago period, reflecting heavy investments in technology to support omnichannel initiatives and the retailer’s debut in Canada. Its earnings still topped Street views. The company plans to open three full-line stores and 17 Nordstrom Rack stores during the remainder of fiscal 2014

  • Trying times for Sam’s Club

    Same store sales and operating profits declined at Sam’s Club during the first quarter prompting president and CEO Rosalind Brewer to call the reporting period, “one of our more difficult quarters.”

  • Rack rolling for Nordstrom

    Nordstrom’s full line stores saw first quarter same store sales decline but the department store operator’s off price Rack division is doing just fine.

  • RILA, top retailers launch Retail Cyber Intelligence Sharing Center

    The Retail Industry Leaders Association and several of America's most recognized retail brands have launched the Retail Cyber Intelligence Sharing Center.

    The R-CISC is an independent organization, the centerpiece of which is a Retail Information Sharing and Analysis Center. Among those companies participating with and supportive of the R-CISC are American Eagle Outfitters, Gap, J. C. Penney, Lowe's Companies, Nike, Safeway, Target, VF Corp. and Walgreens.  

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