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  • Apparel retailers have mixed results in July

    New York City -- The nation’s specialty apparel retailers reported mixed results in July. as Hot Topic and Limited Brands turned in strong performances, while Gap and Aeropostale stumbled.

    Hot Topic said its same-store sales rose 7.3% in July. far exceeding the 0.5% rise in analysts’ forecast. Hot Topic said the measure rose 6.2% at its namesake stores and rose 11.8% at its plus-sized Torrid division. The teen retailer also raised its second-quarter outlook.

  • SpendingPulse: Specialty apparel and luxury up in July

    Purchase, N.Y. -- Apparel continued to show gains in July, while housing-related sectors such as electronics, appliances, and furniture remained sluggish, according to MasterCard Advisors SpendingPulse, a macroeconomic report tracking national retail and services sales. (The data estimates total U.S. retail sales across all payment forms including cash and check.)

    In other findings, auto parts and service posted its first decline after five months of growth.

  • Costco takes designer wedding gowns down South

    LOS ANGELES, Calif. — Costco announced that it is bringing its Kirstie Kelly wedding gowns to the South during limited-time trunk shows at select locations. 

  • Report: Sears names online expert as new CMO

    New York City -- Sears Holdings Corp has named former FreshDirect executive Monica Woo to be VP and CMO, effective Aug. 15, according to Reuters. The post has been vacant since January 2010.

    Woo will be responsible for the overall marketing, brand and advertising programs for Sears, according to the report. She most recently was the chief marketing and strategy officer of online grocer FreshDirect.
     

  • Hhgregg swings to loss in Q1, on track to open 24 stores in second quarter

    Indianapolis -- Electronics and appliances retailer Hhgregg Inc. reported Thursday that it lost $761,000 in the quarter ended June 30, compared with a profit of $2.7 million in the year-ago period. The retailer cited softness in its video business for the weakened performance.

    Revenue dipped 1% to $431.5 million, from $436 million a year earlier. Wall Street expected revenue of $488 million. Same-store sales decreased 13.2%.

  • J.D. Power Study: Lowe’s highest among appliance retailers in customer satisfaction

    Westlake Village, Calif. -- Lowe's ranked highest in customer satisfaction among appliance retailers for a second consecutive year, achieving a score of 807 on a 1,000-point scale, according to the J.D. Power and Associates 2011 Appliance Retailer Satisfaction Study. The study measures satisfaction based on performance in six areas: sales staff and service; store facility; merchandise (i.e., variety of brands/models offered and availability of merchandise and product information); price; delivery service; and installation service.

  • Sears expands online efforts to reach Latino market

    Hoffman Estates, Ill. -- Sears Holdings has announced the launch of two Latino social media channels: Facebook.com/SearsLatino and a Twitter handle @SearsLatino.

  • J.C. Penney to lay off 442 at Connecticut DC

    Plano, Texas -- In a notification to Connecticut’s labor department, J.C. Penney Co. said it will lay off 442 workers at J.C. Penney’s distribution center in Manchester, Conn.

    According to the notice, J.C. Penney is closing the facility's dot-com unit, and that employees' last day will be Sept 30.
     

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