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Department Store

  • J. Crew swings to loss

    New York — It was tough sledding for J. Crew Group in the second quarter as its namesake brand continued to decline.   The retailer swung to a net loss of $13.6 million for the quarter, ended Aug. 1,  compared with earnings of $10.8 million in the year-ago period.    Revenue fell 5% to $593.6 million.  
  • Burlington Stores swings to profit, plans 25 net new stores

    Burlington, N.J. — Burlington Stores Inc. is in the black.

    The company swung to a net income of $10.9 million in the second quarter of fiscal 2015 from a net loss of $6.47 million the same quarter of last year. Decreases in stock option and interest expenses, as well as some impairment charges, helped bring Burlington to profitability.

    Net sales rose 10% to $1.14 billion from $1.04 billion, while same-store sales grew 5.6%.

  • Iconic, 100-years plus American brand opens store in birthplace

    Detroit —  Work wear brand Carhartt on Thursday opened a flagship in Detroit, the city where it was founded in 1889.  
  • Bealls targets younger, active crowd with new store concept

    New York — Bealls Inc. has taken the wraps off its new store banner targeted at millennials.

    The department store retailer debuted Bunulu at Coconut Point Mall in Estero, Fla. Two additional locations at the St. Johns Town Center in Jacksonville, Fla. and The Garden Mall in Palm Beach, Fla. are due to open by the end of this year.

  • West Elm branches out into pop-ups

    In a first, West Elm, a Williams-Sonoma subsidiary, will make its products available outside of the brand’s own stores and website.

  • Bon-Ton increases e-commerce support

    Milwaukee - The Bon-Ton Stores Inc. is increasing its support of e-commerce with a new 743,000-sq.-ft. direct-to-consumer fulfillment center.

    The facility, which began transitioning fulfillment operations in June, supports the company’s expanding e-commerce business and omnichannel growth plans.

  • JCPenney touts its green successes

    The J.C. Penney Co. Inc. is in the green again – at least when it comes to taking its sustainability responsibilities very seriously.

  • J.C. Penney is in the green

    Plano, Texas – The J.C. Penney Co. Inc. is in the green – green energy savings, that is.

    The retailer on Wednesday announced the long-term results of various company initiatives that incorporate sustainability practices in its day-to-day business operations. It also said it would unveil a new energy initiative later this year.

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