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Direct To Consumer (DTC)

  • Francesca's Q2 profit doubles; CEO to retire

    Houston -- Francesca's Holdings Corp. said Tuesday that net income for the quarter ended July 28 topped expectations by nearly doubling to $12.7 million, from $5.5 million in the same quarter last year. Sales leaped nearly 50% to $25.1 million, and same-store sales surged $20.7%.

    The company said it is on track to open 76 stores and one outlet this fiscal year, two of them in the third quarter.

  • Saks, Facebook, Express, Kate Spade New York execs named to Shop.org board

    Washington, D.C. -- Shop.org, the digital division of the National Retail Federation, on Tuesday announced the addition of new executives to its board of directors and welcomed back three incumbents.

  • Zumiez profit dips in Q2; on track to open 50 stores in 2012

    Lynnwood, Wash. -- Zumiez Inc. reported Thursday that net income for the quarter ended July 28 slipped to $2.1 million, from $2.6 million in the year-ago period, largely due to costs associated with its acquisition of Blue Tomato.

    Revenue surged 20.4% to $135.1 million from $112.2 million, which includes contributions from Blue Tomato. Same-store sales increased 9.5%.

    The company said it is on track to open 50 new stores in fiscal 2012, including up to 10 stores in Canada.
     

  • JoS A. Bank Q2 income up 12.7%; increases store expansion

    Hampstead, Md. -- JoS A. Bank Clothiers reported that its earnings in the second quarter rose 12.7% to $23.2 million, from $20.6 million a year earlier, easily beating analysts projections. The retailer said it plans to open about 45 to 50 stores each in fiscal 2012 and 2013.

    Total sales in the quarter rose 12.9% to $260.3 million. Sales in the company's direct marketing segment, which consists of the Internet and catalog call centers, rose 39.3%.Same-store store sales increased 6.1%.

  • Walmart.com traffic outpaced Amazon.com in July

    Walmart.com still has a lot of ground to make up on Amazon.com, but July was a step in the right direction as the company added more unique visitors and grew at a faster pace than Amazon.com.

    The number of unique visitors to Walmart.com increased 16.8% I to 45.2 million and placed the company 23 on a top 50 Web properties report compiled monthly by the online measurement firm comScore Media Metrix. During July of 2011, Walmart.com ranked 25th with 38.7 million unique visitors.

  • Report: H&M to go big in New York City

    New York -- H&M will open its largest store in the world, on Fifth Avenue in Manhattan, Women’s Wear Daily reported.

    The company will open a six-level, 57,000-sq.-ft. store on Fifth Avenue at the corner of 48th Street sometime next year, according to the report.
     

  • CD Ski & Sports to open Climate store at West 7th

    Fort Worth, Texas -- Dallas-based Cypress Equities said that CD Ski & Sports will open its fifth Climate store, locating it at the West 7th mixed-use project in Fort Worth, Texas.

    The new 4,221-sq.-ft. store is slated to open in late September.

  • PacSun sees 2Q sales growth

    ANAHEIM, Calif. — Pacific Sunwear of California reported that net sales for the second quarter of fiscal 2012 ended July 28, were $210.3 million versus net sales of $200.9 million for the second quarter of fiscal 2011 ended July 30, 2011.

    On a GAAP basis, the xompany reported a loss from continuing operations of $17.5 million, or 26 cents per share, for the second quarter of fiscal 2012, compared with a loss from continuing operations of $17.5 million, or 26 cents per share, for the second quarter of fiscal 2011.

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