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Apparel

  • J.C. Penney, Bluemercury to speak at Texas A&M Summit

    Dallas – Some major retailers are participating in the 30th Retailing Summit conference hosted by The Texas A&M University’s Center for Retailing Studies at Mays Business School.

    Marvin Ellison, the new CEO of The J.C. Penney Co. Inc. and Barry Beck, co-founder and COO of Bluemercury, which was recently purchased by Macy’s, will be among the speakers at the conference, held Oct. 8-9 at the Westin Galleria in Dallas.

  • Early look at Macy’s Backstage store

    New York -- Macy’s is set to unveil its new store banner, the off-price Macy’s Backstage, in the Queens borough of New York City and Huntington, New York, on Sept. 2.

    The store offers a no-frills shopping experience, according to the Associated Press, which was given a sneak peek at the new format.

    Click here for the story.

  • J. Crew swings to loss

    New York — It was tough sledding for J. Crew Group in the second quarter as its namesake brand continued to decline.   The retailer swung to a net loss of $13.6 million for the quarter, ended Aug. 1,  compared with earnings of $10.8 million in the year-ago period.    Revenue fell 5% to $593.6 million.  

  • Burlington joins the off-price winner's circle

    Burlington Stores Inc. has joined the cadre of profitable off-price retailers in the second quarter with a round of impressive sales results.

    The company swung to a net income of $10.9 million in the second quarter of fiscal 2015 from a net loss of $6.47 million the same quarter of last year. Decreases in stock option and interest expenses, as well as some impairment charges, helped bring Burlington to profitability.

    Net sales rose 10% to $1.14 billion from $1.04 billion, while same-store sales grew 5.6%.

  • Gap to end controversial scheduling practice

    San Francisco — Gap Inc. is the latest retailer to say it will cease the practice of assigning store employees on-call shifts with little advance notice.

    Gap joins other chains such as Abercrombie & Fitch and Victoria’s Secret in pledging to eliminate the practice from its stores.

  • Tilly’s misses Street in Q2

    Irvine, Calif. — Tilly’s Inc. missed Wall Street expectations by falling profit and increasing revenue in a mixed second quarter of fiscal 2015. Net income fell 54%, from $1.3 million to $600,000, with a tax settlement hindering profitability.

    Total net sales fared better, rising 6%, from $123 million to $130 million. Same-store sales — including e-commerce — climbed 0.5%.

    Despite missing Wall Street forecasts and declining profit, President and CEO Daniel Griesmer said he was pleased with results for the quarter.

  • In The Pink lets customers direct promotions

    Falmouth, Mass. – In The Pink wants its customers to feel connected.

    The 10-store specialty chain, exclusively selling Lily Pulitzer branded merchandise, offers a product assortment that makes customers feel a high degree of personal connection. Building on this personal relationship, In The Pink allows customers to direct promotions – in the form of 21-second online videos.

  • Burlington Stores swings to profit, plans 25 net new stores

    Burlington, N.J. — Burlington Stores Inc. is in the black.

    The company swung to a net income of $10.9 million in the second quarter of fiscal 2015 from a net loss of $6.47 million the same quarter of last year. Decreases in stock option and interest expenses, as well as some impairment charges, helped bring Burlington to profitability.

    Net sales rose 10% to $1.14 billion from $1.04 billion, while same-store sales grew 5.6%.

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