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  • Build-A-Bear Workshop narrows loss in Q2; focused on new store design and global growth

    St. Louis -- Build-A-Bear Workshop reported Thursday a loss of $8.3 million for the quarter ended June 30, compared with a $10.7 million loss in the year-ago period.

    Retail sales dipped 1.8% and same-store sales declined 1.7%.

    Chief executive bear Maxine Clark said she is focused on the future. “In just over a month, we will open our first newly imagined store design in St. Louis with five additional stores opening in major U.S. markets in the following weeks.” 

  • RadioShack calls on mobile category to strengthen business

    FORT WORTH, Texas — Comparable-store sales were flat at RadioShack for the second quarter, as the company is still waiting for new strategic initiatives to pay off. The one bright spot is the mobile category, which had a 3.3% comps increase at U.S. RadioShack company-operated stores. Total net sales and operating revenue of $953.2 million, an increase of 1.2% versus last year.

    Net loss for the quarter was $21 million, or 21 cents per diluted share, compared with net income of $24.9 million, or 24 cents per diluted share, last year.

  • British brand Caramel Baby & Child to make U.S. debut on Madison Ave.

    New York -- Prudential Douglas Elliman's Retail Group said it has arranged the American debut of Caramel Baby & Child at 1244 Madison Avenue, between 89th and 90th Streets. 

    The luxury label, which currently has stores in London and Tokyo, specializes in clothing for babies through toddlers. The newest location is on a corridor that is regarded as a center for luxury children's clothing, and home to such neighbors as Armani Jr., Jacadi, Baby Cottons, J. Crew Cuts, Pink Chicken, Brooks Brothers Children and Rachel Riley.
     

  • Research report: Most retailers plan to use mobile gift cards

    San Diego -- Research released Thursday by Transaction Wireless and Aberdeen Group, which examined the benefits of mobile and digital gifting and emerging trends in mobile and social frontiers, found a shift toward digital gifting.

    In fact, online gift cards have risen to prominence in the past few years and are now used by nearly a third (28%) of retailers. More than half – 61% – plan to use mobile gift cards, and 43% of customers prefer to use the mobile medium for gift cards.

  • Cabela's beats Street with Q2 results; announces openings in Michigan and Alaska

    Sidney, Neb. -- Outdoor-gear retailer Cabela's Inc. reported Thursday that net income for the second quarter increased to $33.9 million, from $21.7 million in the year-ago period.

    Total revenue rose 11.6% to $627.3 million, boosted by a 17% rise in retail store revenue – to $384.7 million. Analysts forecasted total revenue of $606.3 million.

    Same-store sales increased 4.7%.

  • Shopko steps up branding efforts with new marketing hire

    GREEN BAY, Wis. — Shopko has hired a long-time retail marketing executive, with extensive experience in the beauty and apparel sectors, to help develop the Shopko brand as it moves forward with the conversion of its newly acquired Pamida stores to the Shopko Hometown format.

  • JCPenney gets a 'Joe Fresh' look

    PLANO, Texas — JCPenney is boosting its store-in-store offerings by adding 700 Joe Fresh in-store boutiques to its department stores in April 2013.

    Joe Fresh, which is a Canadaian fast-fashion brand, will also be featured on JCP.com.

  • Iconix sees 5% boost in 2Q revenues

    NEW YORK — Iconix Brand Group reported that total revenue for the second quarter of 2012 was approximately $93.6 million, a 5% increase as compared with approximately $89.3 million in the second quarter of 2011.

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