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  • Children's Place loss widens in Q2

    Secaucus, N.J. -- The Children's Place Retail Stores reported Thursday that its loss for the second quarter widened to $9.8 million, from $8.2 million a year earlier.

    Revenue dipped almost 1% to $343.5 million, missing Wall Street’s expected $356.3 million.

    Same-store sales declined 5.6%.



     

  • Bon-Ton narrows loss on reduced expense

    York, Pa. -- The Bon-Ton Stores reported Thursday that it narrowed its loss in the second quarter to $32.3 million from $33.7 million a year earlier.

    Sales declined 2.2% to $595.5 million, but aggressive cost-cutting prompted the improved profit performance. Results, however, missed Wall Street expectations.

    Same-store sales fell 1.5% for the quarter.
     

  • CSA hits the airwaves!

  • Macy's snags big name Italian designer for capsule collection

    NEW YORK — Macy’s announced Giambattista Valli as the fourth designer in its collaboration series to create a capsule collection for the retailer’s fashion “Impulse” department later this fall. Known for extravagant designs and great party dresses, the collection will be Valli’s first foray into affordable fashion, the company reported.

  • Sears Holdings loss widens in Q2, misses Street

    Hoffman Estates, Ill. -- Sears Holdings Corp. reported Thursday that its losses for the second quarter widened more than expected to $146 million, compared with a loss of $39 million in the year-ago period.

    The operator of Sears and Kmart stores cited aggressive merchandise markdowns as one reason for the poor performance. This is the second consecutive quarterly loss of the company, and its fourth in the last five quarters.

  • Casual Male Q2 profit up 17%

    Canton, Mass. -- Casual Male Retail Group reported Thursday that second-quarter net income surged 17% to $6.6 million, compared with $5.6 million a year earlier.

    Revenue increased 3.8% to $100.9 million in the period, surpassing Wall Street expectations of $99.5 million.

  • Children's Place posts 2Q sales dip

    SECAUCUS, N.J. — The Children's Place Retail Stores announced second quarter net sales were $343.5 million, compared with $345.3 million in the second quarter of 2010. Comparable-retail sales declined 5.6% in the second quarter of 2011.

  • Hot Topic narrows loss in Q2, on track to open up to 40 net new Torrid stores

    City of Industry, Calif. -- Hot Topic reported Wednesday that it tightened its loss in the second quarter to $6.2 million, compared with a loss of $6.3 million a year earlier.

    Revenue edged up to $150.9 million from $150 million. Same-store sales rose 2.6% for quarter.

    Hot Topic said it will open 25 to 45 Torrid stores in fiscal 2012. It also plans to close 10 to 20 Hot Topic stores and about five Torrid stores next year, and remodel or relocate 40 to 50 Hot Topic stores and 10 to 20 Torrid stores.
     

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