Skip to main content

Department Store

  • Online gaining at The Buckle

    Leading mall-based denim retailer The Buckle said its third quarter profits fell after strengthening online sales couldn’t overcome in store weakness.

    Profits at the operator of 469 stores, billed as a denim destination, declined to $35.9 million, or 74 cents a share, during the third quarter ended Oct. 31, compared to $40.6 million, or 84 cents a share, during the third quarter the prior year. The profit decline was expected as The Buckle had previously reported that same-store sales had declined 5.2% and total sales had declined 4.1% to $280.2 million.

  • After dismal Q3, Gap CEO focuses on future

    A steep profit decline and deteriorating sales at two of Gap Inc.’s three flagship formats in the third quarter have CEO Art Peck looking ahead to what he expects to be better times.

  • Gap CEO focused on future with Q3 over

    A steep profit decline and deteriorating sales at two of Gap Inc.’s three flagship formats in the third quarter have CEO Art Peck looking ahead to what he expects to be better times.

  • Study: Millennials follow holiday shopping traditions

    Black Friday and Cyber Monday may still be cool, after all.

    A new study on the holiday shopping habits of almost 7,000 millennials by product discovery platform Influenster shows that 93% of respondents plan on shopping Black Friday and/or Cyber Monday this year.

  • The Bon-Ton poised for cost-cutting

    The Bon-Ton says it is focusing on reducing expenses after a third quarter in which the retailer tripled its net loss and decreased same-store sales.

    For the quarter ended Oct. 31, the Pa.-based retailer had a net loss of $34 million ($1.72 a share), compared to a net loss of $11 million (57 cents a share) in the 2014 quarter. Revenue totaled $623.4 million, down from $642.7 million in third quarter 2014. Same-store sales declined 2.6%.

  • IRS offers safe harbor for store repairs, eliminating tax compliance confusion

    The Retail Industry Leaders Association on Thursday welcomed a <a href="http://email.prnewswire.com/wf/click?upn=uefwbvtS7tB-2BrQMPmejiN4fTeYquc3oBa2KlQm0WlEyxQZnrWbSSmbDeaQc3u1U-2BV326b96v8efIzWwvTp88Px8z9SYhH0tfZoMcXNV4A6c-3D_4IBsk1o2j7dj6HmhC-2FQ7Vkc6PF15rC46rSHZ95WWe0BYx0l3bKauNZIqcTP8E6CfMkBbWsId11awP5VfunZkXaoKziYNajexreYN2PVnS2-2F3K0J9UttAaj-2BVkf6HqqxzLJP6nBDUCKhyXtEvKzBRNdQYDe69VHFGzBXxzYf7Y5D6Axcllx2-2BZ5H16Urhk1r1NUgovJOBSXfTM-2B2DBdmPfSZDfgWBANhS5CqPKfUwnHt855CITvWIkWaOqCIRoKi1sI-2BOrVTiJM9UUjbhTEU8tI70NIY8C5D8q9iXO3Jwgr-2BUixP5mBtqgZQpz0XiIrxoPNfhBTtXAi659Mbw-2FBSoxQ-3D-3D" tar

  • Check out the big chill at Barneys

    Barneys New York is bringing an icy winter chill—literally—to its holiday windows.

    With a theme of “Chillin’ Out,” the specialty retailer has transformed the windows of its Manhattan flagship into a winter wonderland, complete with 35-foot fully functioning ice locker that features daily live ice carving.

  • Saks Fifth Avenue to offer retail, food and more in new stores in Canada

    Saks Fifth Avenue is pulling out all the stops to make its two upcoming stores in Canada true destinations whose attractions extend beyond buying the latest fashions.

    The company will open a163,000-sq.-ft. store at Toronto’s Eaton Centre at Queen Street on February 18, 2016, and a 150,000-sq.-ft. location at Sherway Gardens, also in Toronto, on February 25, 2016.

X
This ad will auto-close in 10 seconds