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Direct To Consumer (DTC)

  • Abercrombie & Fitch's turnaround continues

    Abercrombie & Fitch's efforts to attract more shoppers are paying off, as the company reported an increase in same store sales for the fourth quarter.

    The teen retailer announced adjusted earnings of $1.08 a share for the period ended Jan. 30. Net sales were $1.11 billion. Same store sales jumped 1%, the first gain in overall same store sales since the third quarter ended October 29, 2011, according to Bloomberg.

  • Sports Authority files Chapter 11; store closings loom

    The Sports Authority on Wednesday filed for Chapter 11 bankruptcy protection and said it plans to close or sell as many as 140 of its 463 stores nationwide. The beleaguered company has struggled in recent years under increased competition not only from online players, but also from the likes of Dick’s Sporting Goods and specialty retailers such as Lululemon that have capitalized on the “athleisure” boom in fitness apparel.

  • Abercrombie turnaround continues with 30% jump in Q4 profit

    Abercrombie & Fitch's efforts to attract more shoppers with a better store experience and updated merchandise mix are paying off as the retailer reported an unexpected increase in same-store sales and a 30% increase in profit for the fourth quarter.

    Abercrombie said overall same-store sales rose 1% in the quarter ended Jan. 30, the first gain in the metric since the third quarter 2012. Analysts on average were expecting a decline of 0.10%. The gain in same-store sales was driven by a 4% increase in the Hollister division.

  • American Eagle improves performance by refining footprint and merchandise

    American Eagle Outfitters didn’t exactly soar in the fourth quarter, but its low single-digit same-store sales increase was better than most and benefitted from recent store closures.

    Total company sales increased 3% to $1.11 billion and same store sales grew 4% after a flat performance in the fourth quarter the prior year. Earnings per share increased 17% to 42 cents from the 36 cents earned from continuing operations the prior year. The company expects its first quarter same store sales to increase in the mid-single digits.

  • Macy’s details expansion plans, hints at real estate deals

    Macy’s is continuing its expansion into off-price and specialty retailing.

    On Tuesday, the department store retailer said it will expand its off-price Macy’s Backstage format in 2016, opening one freestanding location and 15 in-store locations in traditional Macy’s stores.

    On the specialty store front, Macy will open approximately 42 Bluemercury beauty stores, with 24 freestanding locations and 18 in-store shops in Macy’s stores.

  • Wayfair brings digital expertise to an old-fashioned channel

    Online retailer Wayfair Inc. is putting a digital spin on that most traditional of selling vehicles: the paper catalog.

  • First-ever Breakout Retailer Awards at SPECS

    Chain Store Age will honor the winners of its first-ever Breakout Retailer Awards, which honors emerging retail/restaurant concepts that are innovative in their segment and poised for growth, at its annual SPECS Conference, March 13-15, 2016, at the Hilton Anatole, Dallas. This year’s awards are sponsored by The Paint Folks.

  • Another online brand gets serious about offline expansion

    An online brand known for its retro-inspired Indie fashions has brought on new executives to help it move into physical retailing and build an international presence.

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