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Apparel

  • Urban Outfitters sees profits slide in Q1

    PHILADELPHIA — Urban Outfitters announced net income of $39 million, or earnings per diluted share of 23 cents for the first quarter ended April 30, compared with net income of $53 million, or earnings per diluted share of 31 cents.

    Total company net sales rose by 9% over the same quarter last year to $524 million. Comparable retail segment net sales, which includes direct-to-consumer channels, decreased 1% for the quarter while comparable store net sales decreased 5% for the quarter. 

  • Dillard’s to pay $50,000 in age discrimination case

    New York City -- Dillard’s will pay $50,000 and provide additional, unspecified relief to settle an age discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the Triangle Business Journal reported.

  • GA Keen Realty Advisors to market Metropark sites

    Woodland Hills, Calif. -- GA Keen Realty Advisors, a division of Great American Group, has been retained to assist in the marketing and disposition of 70 leased properties across 21 states operated by Metropark, which filed for bankruptcy earlier this month. Metropark’s retail properties, which range in size from 2,000 sq. ft. to 3,500 sq. ft., are concentrated in the West (California, Arizona, Colorado, Nevada and Texas) and in the East (New York, New Jersey, Pennsylvania, Georgia and Florida).

  • Men’s Wearhouse treats its 14,000-plus employees to pizza

    Houston -- The Men's Wearhouse surprised more than 14,000 employees with pizza delivery to every store across North America. To thank employees for their hard work and dedication, more than 42,400 slices of pizza were delivered to more than 1,200 Men’s Wearhouse, MW Cleaners, and K&G Fashion Superstore locations in the United States and Moores Clothing for Men stores in Canada.

  • J.C. Penny Q1 profit up 6.7%; raises outlook

    Plano, Texas -- J.C. Penney Co. reported Monday that its first-quarter net income rose 6.7% amid cost-cutting and improved sales. The department store chain also raised its full-year earnings profit guidance.

    The company on Monday reported net income of $64 million for the three months ended April 30, up from $60 million in the same period last year.

  • Gap expands to Serbia and Ukraine

    SAN FRANCISCO — Gap Inc. has announced plans to bring the Gap brand to Serbia and Ukraine through new agreements with existing franchise partners. The stores are scheduled to open in 2011 in the cities of Belgrade and Kiev where customers will be able to shop products from Gap, GapKids and babyGap.

  • Office Depot gives aid to tornado-affected families and businesses

    BOCA RATON, Fla. — Office Depot's charitable arm, The Office Depot Foundation, announced donations to help families and small businesses affected by the recent tornadoes in Alabama and the Southeastern United States.

  • Amazon.com tops in online customer satisfaction

    Ann Arbor, Mich. -- Amazon.com was the top performer in a review of the Top 100 online retailers by ForeSee Results. The annual report, Top 100 E-Retail Satisfaction Index, includes individual satisfaction scores with the 100 top e-retailers for the past seven years, allowing for comparisons over time and between companies.

  • Gap to open stores in Serbia and Ukraine

    San Francisco -- Gap plans to open stores in Serbia and Ukraine later this year as its continues to expand its international operations.

    The chain said Friday that it signed new deals with existing franchise partners that will put Gap stores in Belgrade and Kiev.

    According to Stephen Sunnucks, the company's international president, the Ukraine is the fastest-growing retail market in Eastern Europe, while Serbia has many young customers who enjoy shopping.

  • Nordstrom Q1 income surges 25%; rolling out mobile checkout devices

    Seattle -- Nordstrom reported Thursday that its first-quarter net income rose 25% on improved revenue. But the company lowered its full-year outlook to reflect the impact of its acquisition of private-sale website HauteLook.

    Nordstrom said it earned $145 million for the quarter that ended April 30, up from $116 million in the same quarter last year. (The figure includes a charge related to the HauteLook acquisition.) Revenue increased 12% to $2.23 billion. Same-store sales were up 6.5%.

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