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Apparel

  • A strong showing from Sam’s in 2Q

    Same-stores sales increased 4.2%, total sales increased 4.6% to $12.5 billion and operating profits advanced 10.1% to $536 million.

    Impressive is how Sam’s Club president and CEO Rosalind Brewer characterized the warehouse club operator’s performance during the second quarter.

  • Nordstrom fashions a new iPad app

    SEATTLE — Fashion retailer Nordstrom has launched a new iPad app to help customers browse and shop for their next looks.

    Features of the app include:

    • The Dressing Room: This feature offers customers an interactive way to create and save multiple looks by double-tapping or dragging items to the Dressing Room canvas.

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  • Foot Locker wears a size 10.6

    A double-digit comps increase propelled the athletic footwear chain’s 63% second quarter earnings surge.

  • A big bet on a bigger format

    Casual Male accelerated the rollout of its DestinationXL format.

  • Hibbett profit rises 33% in Q2; on track to open 55-60 stores in fiscal 2013

    Birmingham, Ala. -- Hibbett Sports reported Friday that net income for the quarter ended July 28 surged 32.9% to $7.9 million from $5.9 million in the comparable-year period.

    The retailer reported a net sales increase of 8% to $165.4 million compared with $153.1 million for the same period last year. Same-store sales increased 4.8%.

    The company increased its earnings guidance for fiscal 2013 and said it is on track to open 55 to 60 new stores, expand approximately 15 high performing stores and close up to 18 underperforming stores.

  • Kirkland's Q2 loss widens, cuts 2012 guidance

    Nashville, Tenn. -- Kirkland reported Friday a loss of $2 million in the second quarter, widened from a loss of $480,000 in the year-ago period. Revenue edged up 1% to $91 million, missing Wall Street’s expected $94.4 million in revenue.

    Same-store sales declined 3.6%.

    The retailer has cut its earnings and revenue outlooks for the year.

  • Ann Inc. profit rises 24% in Q2; on track to open 65 stores

    New York -- Ann Inc. reported Friday that profit for the second quarter rose 24% to $30.7 million, compared with $24.8 million in the year-ago period.

    Same-store sales companywide increase 4.7%; by brand, Ann Taylor store comps increased 3.2% and Loft comps rose 4.1%.

    The company raised its outlook for the full year of fiscal 2012, and also said that it is on track to open approximately 65 new stores this year, partially offset by the impact of downsizes at Ann Taylor stores and approximately 30 store closures. 
     

  • Casual Male net income slides; to speed rollout of DestinationXL

    Canton, Mass. -- Casual Male Retail Group said Friday that second-quarter profit dropped to $1.2 million, from $6.6 million in the year-ago period. Total sales were flat at $100.5 million, and same-store sales edged up 2%.

    However, continuing strength from the DestinationXL stores vs. the Casual Male XL locations is prompting the company to focus on growing the former.

  • Foot Locker profit and sales rise in Q2

    New York -- Foot Locker reported Friday that net income for the quarter ended July 28 rose to $59 million, from $37 million last year.

    Sales increased 7.2% to $1.37 billion this year, compared with $1.27 billion in the prior year. Same-store sales increased nearly 10%.
     

  • Nordstrom introduces iPad app

    Seattle -- Nordstrom said Friday it has debuted a new iPad app that will allow its customers to browse and purchase merchandise via their iPad tablets.

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