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  • Kohl’s donates $250,000 for Okla. tornado survivors

    MENOMONEE FALLS, Wis. — Kohl’s has made a $250,000 cash donation to the American Red Cross, toward tornado relief efforts in Moore, Okla., and the surrounding area. The American Red Cross is delivering emergency supplies and services to the tornado-impacted areas.

  • Limited Q1 profit advances, raises guidance

    Columbus, Ohio -- L Brands Inc., formerly known as Limited Brands, reported Wednesday that profit for the quarter ended May 4 surged 14% to $142.5 million, from $124.6 million last year. The Victoria’s Secret and Bath and Body Works parent increased its outlook for the year.

    Quarterly sales rose 5% to $2.27 billion from $2.15 billion, edging Wall Street’s expected $2.26 billion in revenue. Same-store sales increased 3%.

     

  • Macy’s, Target file suit against Visa and MasterCard

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  • E-commerce business bolsters Bon-Ton Q1

    YORK, Pa. — Inclement weather was not enough to hold back Bon-Ton’s first quarter results for the period ended May 4. 

    The company saw same-store sales increase 1.2% compared with the first quarter of the year prior. Total sales for the quarter were $647 million, a 1% increase from $641 million for the first quarter last year.

  • Bon Ton boosts net sales, lowers net loss

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  • Buckle profit dips in Q1 on higher expenses

    Kearney, Neb. -- The Buckle reported Thursday that net income for the quarter ended May 4 fell slightly to $37.6 million, compared with $37.8 million in the year-ago period. Results were impacted by higher operating expenses.

    Revenue increased 2.3% to $269.7 million from $263.8 million, and same-store sales edged up 1.2%.

     

  • Cato Corp. has down quarter

    Charlotte, N.C. – Specialty women’s apparel and accessories retailer Cato Corp. reported declining sales and net income during first quarter 2013. Sales dropped 2% from $272.8 million to $267.2 million, while net income fell 3% from $31.7 million to $30.8 million. Same-store sales also declined compared to the same quarter a year earlier, by 5%.

  • Stein Mart reports higher profit in first quarter

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