Skip to main content

Direct To Consumer (DTC)

  • GameStop scores big jump in same store sales

    GameStop Corp. grew sales and revenue in the second quarter, but it also took steps to expand its non-gaming business.

    For the second quarter ended Aug. 1, the retailer’s net income rose 3% to $25.3 million from $24.6 million. Total global sales rose 2% to $1.76 billion from $1.73 billion, and consolidated global same-store sales increased 8.1% (10.8% in the U.S. and 1.8% internationally).

  • Carhartt opens flagship store where it all began

    Workwear brand Carhartt has opened a flagship in the city where it was founded in 1889.  
  • 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.  
  • Tilly’s misses Street in Q2

    Irvine, Calif. — Tilly’s Inc. missed Wall Street expectations by falling profit and increasing revenue in a mixed second quarter of fiscal 2015. Net income fell 54%, from $1.3 million to $600,000, with a tax settlement hindering profitability.

    Total net sales fared better, rising 6%, from $123 million to $130 million. Same-store sales — including e-commerce — climbed 0.5%.

    Despite missing Wall Street forecasts and declining profit, President and CEO Daniel Griesmer said he was pleased with results for the quarter.

  • The cost-cutting continues at Chico's

    While sales at Chico’s appear to be improving, the specialty retailer's turnaround plan also includes selling off one of its divisions.

  • 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.

  • Study: Perennial fave continues to take top spot in overall customer service

    New York – L.L. Bean continues to win top marks in overall customer service.

    According to the latest quarterly Stella Service benchmarks, perennial high finisher L.L. Bean took top customer service honors in second quarter 2015. Following L.L. Bean were Mr. Porter, Shopbop, David Yuman and Net-a-Porter.

  • Express makes all the right moves in Q2

    Columbus, Ohio -- Express Inc. soared in the second quarter as its profit tripled amid increased sales and profit margins and reduced promotional activity.

    The retailer on Wednesday reported better-than-expected sales and profit for the second quarter. It also raised its full year outlook.

    Express’ net income totaled $21 million, compared to $6.9 million, boosted by gross profit resulting from cost of sales growth that was significantly behind the rate of net sales growth.

  • Abercrombie swings to loss in Q2 but still tops Street

    New Albany, Ohio – Efforts to change its merchandising and branding paid dividends at Abercrombie & Fitch Co., which reported smaller net loss and revenue decline than expected in the second quarter of fiscal 2015.

    Abercrombie reported a net loss of $810,000, compared to net income of $12.9 million the same quarter a year earlier.

    Revenue fell 9% to $817.8 million, from $890.6 million.

  • Chico’s Q2 tops forecast; to sell one of its divisions

    Fort Myers, Fla. – Chico’s FAS Inc. on Wednesday released better-than-expected second quarter sales and earnings and also announced it was selling off its Boston Proper specialty women’s apparel business.

    Earlier this year, the retailer launched a turnaround plan that includes closing some 120 stores through February 2017, cutting jobs and reducing spending.

X
This ad will auto-close in 10 seconds