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  • Kim, Kourtney and Khloé eye more opportunity with Sears

    LOS ANGELES — Kim, Kourtney and Khloé Kardashian’s eyewear line available through Sears Optical is now available online as well as in stores.

    The Kardashian Kollection Eyewear line was introduced at retail locations nationwide in July of this year and includes eyeglasses and sunglasses.

  • ALCO Stores reports favorable quarterly results

    ABILENE, Kan. — Broad-line retailer ALCO Stores asserted that it is off to a favorable start this holiday season, after reporting a 2.7% in sales from continuing operations for the quarterly period ending November 25.

  • Tanger and Peterson Companies break ground on Tanger Outlets National Harbor

    Greensboro, N.C. -- Tanger Factory Outlet Centers and Peterson Companies announced that construction has commenced on Tanger Outlets National Harbor, located in the National Harbor, the Washington, D.C., area's premier waterfront resort destination.

    Developed by Peterson Companies, National Harbor comprises 350 acres of prime real estate along the scenic Potomac River in Prince George's County, Md. Tanger Outlets National Harbor will feature approximately 80 leading brand name and designer outlet stores.

  • FirstData: Year-over-year retail dollar volume growth on Thanksgiving and Black Friday a healthy 5.6%

    Atlanta -- Year-over-year retail dollar volume growth on Thanksgiving and Black Friday was healthy at 5.6% as many retailers started the holiday shopping season earlier this year and consumers welcomed the opportunity to find bargains, according to a study by First Data Corp.’s First Data SpendTrend analysis for Black Friday 2012 compared with Black Friday 2011. (SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations.)

  • Target falters as discounters report a mixed bag in November

    New York -- Discounters, which are expected to fare well this holiday season, showed mixed results in November. TJX Cos. reported Thursday that November same-store sales climbed 3%, missing Wall Street’s expected 3.6% rise but beating the retailer’s internal expectations.

    Target Corp. saw same-store sales fall in November, hurt by weak sales during the first two weeks. Comps dipped 1%, while Wall Street expected a 2.1% gain. Revenue for the month was essentially flat.

  • Aeropostale net income edges up in Q3

    New York -- Aeropostale reported Thursday that profit for the third quarter rose to $24.9 million, from $24.1 million last year.
     
    Sales increased 2% to $605.9 million, beating Wall Street’s expected $601.2 million. Same-store sales dipped 2%.

     

  • CEO succession unfolds at Coldwater Creek

    Women’s specialty retailer Coldwater Creek said co-founder, chairman and CEO Dennis Pence will relinquish his role of CEO at year end.

    Replacing Pence and joining the board of directors of the Sandpoint, Idaho-based chain will be Jill Brown Dean, the company’s current president and chief merchandising officer. Assuming Dean’s role will be Michele Donnan Martin who joins the company as SVP/GMM responsible for all merchandising functions.

  • Walmart and Toys ‘R’ Us most talked about brands on Facebook on Black Friday

    New York -- Facebook said referral traffic to retail sites from Facebook on Cyber Monday increased 240%, compared to average referral traffic for the last several Mondays.

    Among  U.S. retailers, Walmart, Toys “R” Us, Macy’s, Amazon and Converse were the five most talked-about brands on Black Friday, according to Facebook’s People Talking About metric.

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