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Apparel

  • Ann Inc. delivers fashionable earnings for FY 2012

    NEW YORK — Ann Inc. reported fourth quarter earnings per diluted share of 5 cents, compared with earnings per diluted share of 4 cents in the fourth quarter of 2011.

    For the full year of fiscal 2012, the company reported record earnings per diluted share of $2.10 , an increase of 28% compared with earnings per diluted share of $1.64 in the full year of fiscal 2011.

  • Ann Inc. Q4 profit tops Street; launching international shipping

    New York -- Ann Inc., parent of Ann Taylor and Loft, said Friday that its fourth-quarter profit rose to a better-than-expected $2.37 million from $2.18 million a year earlier.

    Sales rose 7.2% to $607.7 million. Total company store- sales for the quarter decreased 0.7%. By brand, same-store sales increased 1.4% across the Ann Taylor brand and fell 2.1% across the Loft brand.

  • Nordstrom announces two new Rack locations

    Seattle -- Nordstrom announced two new locations for Nordstrom Rack, with stores planned for Chicago and Jacksonville, Fla.

    In Jacksonville, Nordstrom Rack will open in The Markets at Town Center in Jacksonville, Fla. The approximately 35,000-sq.-ft. store is scheduled to open in fall 2013.

    The announcement follows recently announced plans to open a Nordstrom full-line store at St. Johns Town Center in fall 2014. Nordstrom currently operates nine full-line stores and eight Rack stores throughout Florida.

  • Genesco earnings down in Q4

    NASHVILLE, Tenn. — Genesco, a specialty retailer of sports apparel and accessories reported fourth quarter earnings of $38.7 million, or $1.63 per diluted share, compared with earnings from continuing operations of $41.5 million, or $1.72 per diluted share, for the same period last year.

  • Jones Lang LaSalle closes sale of Red Lion Plaza

    Philadelphia -- Jones Lang LaSalle announced Wednesday that it has closed the sale of Red Lion Plaza for Onyx Equities and Invesco Real Estate. A private buyer purchased the 229,204-sq.-ft. retail shopping center that is located in northeast Phildelphia, is 95% occupied, and anchored by Best Buy, Staples, American Signature and Planet Fitness.

  • Bad weather doesn't rain on Stein Mart's Feb. sales

    JACKSONVILLE, Fla. — Stein Mart reported that its total sales for the month of February were $85.2 million, an increase of 5.6% over total sales of $80.7 million for the four-week period ended Feb. 25, 2012. Comparable-store sales for the month increased 0.6%.

  • PetSmart opening at Rochester Crossing

    Boston -- Boston-based The Wilder Cos. announced Wednesday that PetSmart will grand-open its new store on March 9 at Wilder’s Rochester Crossing, N.H., shopping center.

    The opening of the 12,000-sq.-ft. store will bring the shopping center to 100% occupancy.

    Rochester Crossing, at 304,500 sq. ft., also feature Kohl’s, Lowe’s, Jo-Ann Fabric and Craft, GameStop, Tropical Smoothie and Buffalo Wild Wings.

     

  • Brooks Brothers taps Demandware to power digital commerce initiatives

    Burlington, Mass. -- Demandware, a leading provider of enterprise cloud commerce solutions, announced that Brooks Brothers launched a new e-commerce site on the Demandware Commerce platform.

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