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  • DSW tops Q3 expectations

    Columbus, Ohio – DSW Inc. exceeded Wall Street expectations for net income and sales in the third quarter of fiscal 2014. Net income fell a less than expected 10% to $49.55 million from $54.96 million the same quarter a year earlier, with higher operating expenses and lower pretax income contributing to the decline.    Sales totaled $670 million compared to $633 million and same-store sales rose 2.6%.

  • Why Amazon Can't Be a Third Space ... Yet

    When was the last time you heard someone say, without a trace of irony, that a big-box store helped them get through the day?

    Twenty-five years ago, Ray Oldenburg published “The Great Good Place: Cafes, Coffee Shops, Community Centers, Beauty Parlors, General Stores, Bars, Hangouts and How They Get You Through the Day.” Oldenburg, an urban sociologist, explained how certain stores were more than just places to shop.

  • Charming Charlie coming to the Big Apple; names Victoria’s Secret exec as head of merchandising

    New York - The fast-growing accessories retailer Charming Charlie is entering the New York City market in spring 2015.   

  • Books-A-Million reports higher Q3 sales

    Despite continuing to lose money, Books-A-Million announced higher same store sales for the third quarter.

  • NYC Retail: Top 10 New Stores

    It’s been another big year in terms of new store openings in New York City. Here are my top 10 faves:

  • On the Rebound

    Northeast retail real estate benefits from region’s improving economy

    The country as a whole has weathered some difficult economic times in the past several years, with the Northeast among the hardest-hit regions.

  • Wet Seal plunges into strategic review

    Wet Seal has hired an investment banker and a senior adviser to analyze potential financial alternatives for the struggling retailer.

    The company said it has hired investment bank Houlihan Lokey and former Tilly's Inc. executive William Langsdorf to aid in a strategic review. Wet Seal said it has not set a deadline for completion of the process and that “there can be no assurance that the exploration of the potential alternatives will result in a transaction.”

  • Survey: Nordstrom, Amazon most engaged brands on Pinterest

    New York - Nordstrom was the most engaged retail brand on Pinterest, followed by Amazon, according to Curalate, which  collected more than 180,000 Pins and analyzed nearly five million interactions associated with the Top 100 brands from November 1st to November 21. Rounding out the top five: Urban Outfitters, American Eagle Outfitters and Zulily. 
     
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