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Apparel

  • Target friends Facebook for back-to-school campaign

    Target is engaging Facebook to help determine how half of a $5 million back-to-school donation is allocated.

    The retailer plans to donate $5 million to schools as part of its “Give With Target” initiative this fall. The two-part giving campaign provides $2.5 million in grants to in-need schools, as well as up to $2.5 million in Target GiftCards to local schools through votes on Target’s Facebook page.

  • Old Navy, OfficeMax teach BTS lesson in collaboration

    NAPERVILLE, Ill. — With new clothes and supplies topping the list of what most parents are shopping for during back-to-school season, it makes sense that OfficeMax and Old Navy would join forces to maximize their offerings, delivering savings for customers and sales for them.

  • Organics, mobile top trends among 'hottest' retailers

    WASHINGTON — Desire for more organic food, high-end products and mobile technologies were the driving trends of the fastest-growing retailers in the United States, according to the National Retail Federation's "Hot 100 Retailers" list. Published annually in the group's STORES August issue, the list consists of retail companies that reported the greatest increase in domestic sales between 2010 and 2011. All public and private companies with more than $300 million in sales were eligible for the list, which was compiled by Kantar Retail.

  • Big Five Q2 profit tops Street

    El Segundo, Calif. -- Big 5 Sporting Goods Corp.'s quarterly profit beat Wall Street estimates, fueled by strong sales of apparel and footwear.

    For the second quarter, ended July 1, the company posted net income of $2.6 million.

    Sales rose 4% to $226.6 million, narrowly missing Wall Street estimates of $227.4 million, which the company attributed to July 4th-related sales shifting to the third quarter. Same-store sales increased 1.0%.

  • AEO raises EPS outlook on strong 2Q sales

    PITTSBURGH — American Eagle Outfitters is raising its EPS outlook, thanks to stronger than expected sales for the second quarter.

    The company's new second quarter outlook calls for earnings per share of 19 cents to 21 cents. Previous guidance called for EPS between 13 cents and 15 cents.

    Net sales for the second quarter increased 11% to $740 million compared with $669 million last year. Comparable-store sales increased 9%, including sales from AEO direct.

  • RedPrairie helps Foot Locker boost customer service

    ATLANTA — Foot Locker has rolled out retail technology provider RedPrairie's Enterprise Work force Management (EWFM) solution at approximately 2,700 retail stores throughout North America. Foot Locker, which operates retail brands Foot Locker, Lady Foot Locker, Kids Foot Locker, Footaction, CCS, and Champs Sports, partnered with RedPrairie to help enable store associates to offer exceptional, highly interactive customer service.

  • Foot Locker goes live with RedPrairie enterprise workforce management

    Atlanta -- RedPrairie announced that Foot Locker has rolled out Red Prairie’s enterprise workforce management solution at approximately 2,700 stores throughout North America. Foot Locker’s deployment of the RedPrairie solution began as a 21-store pilot that was completed in April 2012, and then deployed at all remaining North American locations by July.

  • Report: Aurora Capital Associates interested in Daffys real estate

    New York -- Aurora Capital Associates, a real estate investment firm, is reported to be acquiring New York-based discount retailer Daffys with plans to sublease its stores, according to Crain’s New York.

    Daffy’s, which operates 19 stores, in July announced plans to liquidate by October.

    The company has several prime real estate sites, eight of which are located in prime shopping area of Manhattan.

    Real Estate Weekly first reported the news concerning Daffy’s possible acquisition.

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