Skip to main content

Apparel

  • Bon-Ton narrows loss

    York, Pa. -- Bon-Ton Stores narrowed its fiscal third-quarter loss narrowed partly on lower expenses.

    For the period ended Oct. 27, Bon-Ton lost $10.1 million, compared with a loss of $22 million a year earlier.

    Revenue rose 2% to $668.7 million from $656.1 million. Same-store sales rose 1.9%.

     

  • Report: Showrooming here to stay

    Indianapolis -- One-in-five consumers is now "showrooming," according to new research by Aprimo, a Teradata in collaboration with Forrester Research analyst Sucharita Mulpuru. Of those consumers already showrooming, 33% say they ultimately used the information to buy elsewhere. The trend is only expected to continue growing, too, as 96% say they plan to use their smart phone to research prices the same way or more in the future.

  • Gap ups outlook on strong Q3

    San Francisco -- Gap Inc. raised its outlook for the year after reporting better-than-expected net income for the third quarter on growing sales. It was the latest sign that the long beleaguered chain may be finally entering a turnaround.

    For the three months ended Oct. 27, the company said it earned $308 million, compared with $193 million in the year

  • Sears loss widens

    Hoffman Estates,Ill. -- Sears Holdings Corp.'s third-quarter loss widened amid declining sales and higher tax expenses.

    For the quarter ended Oct. 27, Sears reported a loss of $498 million, compared with a year-earlier loss of $421 million.

    Revenue slipped 5.8%, to $8.86 billion, primarily due to the effect of having fewer Kmart and Sears stores in operation and lower domestic comparable store sales for the quarter.

  • Tommy Bahama prepares to open Fifth Ave. flagship

    New York -- Tommy Bahama Group Inc. said Thursday its first Tommy Bahama global flagship store will open on Nov. 17 at 551 Fifth Avenue in Manhattan.

  • Limited's Q3 profit dips, but beats view

    Columbus, Ohio -- Limited Brands Inc. reported Thursday that net income for the quarter ended Oct. 27 dropped to $73.4 million from $94.3 million in the same quarter last year. Results still managed to beat Wall Street expectations.

    Limited, which also owns Victoria’s Secret and Bath & Body Works, saw sales slip 5.7% to $2.05 billion from $2.17 billion, but results matched analysts’ forecasts. Same-store sales climbed 5%.

  • Ross Stores profit rises 11% in Q3, sales miss

    Pleasanton, Calif. -- Ross Stores Inc. reported Thursday that net income rose 10.8% to $159.5 million in the third quarter, compared with $144 million a year earlier.

    Revenue rose 10.6% to $2.26 billion, missing Wall Street’s expected $2.34 billion in revenue. Same-store sales climbed 5%.

    The retailer has reaffirmed its guidance for the fourth quarter.

  • Hot Topic Q3 profit leaps 38%

    City of Industry, Calif. -- Hot Topic Inc. reported Wednesday that profit for the third quarter jumped 38% to $4.3 million, from $3.1 million in the year-ago quarter.

    Revenue edged up 2% to $179.4 million from $175.8 million, missing Wall Street’s expected $182.9 million in revenue.

    Same-store sales rose a slight 0.2%.

     

  • Buckle Q3 profit rises 9%

    Kearney, Neb. -- The Buckle reported Thursday that net income for the quarter ended Oct. 27 rose 9% to $41.9 million, boosted by online strength and higher same-store sales.

    Overall revenue rose 4% to $284.1 million, beating Wall Street’s predicted $282.8 million. Same-store sales climbed 2.4%.

     

  • All clear for Black Friday

    The busiest shopping weekend of the year is just around the corner and retailers who don’t hit their sales plan won’t be able to blame the weather.

X
This ad will auto-close in 10 seconds