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  • Crystals at CityCenter honored for sustainability

    Las Vegas -- Crystals at CityCenter, a 500,000-sq.-ft. retail and entertainment center in Las Vegas, was honored with the International Council of Shopping Centers' (ICSC) VIVA Best--of-the-Best Award in the category of sustainability. The award was announced on May 20, during the ICSC's annual global retail real estate convention, RECon, in Las Vegas.
     
    Crystals, which is LEED Gold certified, is the largest retail destination to achieve the Gold level.
      

  • Smart investments help deliver Williams-Sonoma's best Q1

    SAN FRANCISCO — Williams-Sonoma's net revenues increased 6.1% to $818 million from $771 million in the first quarter of fiscal 2011 ended May 1, 2011. Comparable brand revenue increased 5.4%. Diluted earnings per share was 30 cents versus 29 cents in the first quarter of 2011. On a non-GAAP basis, EPS for the quarter increased 13% to 34 cents versus 30 cents in the same period last year.

  • Former Martha Stewart Living editor takes lead creative role at Williams-Sonoma

    San Francisco — Williams-Sonoma has appointed former editor-in-chief of Martha Stewart Living Omnimedia’s Everyday Food Anna Last as the chain's SVP and executive creative director. Last will oversee all facets of the brand’s expression in the Williams-Sonoma catalog, on Williams-sonoma.com and in the brand’s store environments.

  • No more child's play for American Eagle

    PITTSBURGH — American Eagle Outfitters is getting out of the children's business, announcing Friday that it is exploring a full or partial sale of 77kids, which includes 22 stores and the online business.

    Robert Hanson, CEO of American Eagle Outfitters stated, “Although making this decision is disappointing, it is in the best interest of the company and our shareholders to prioritize and focus our efforts on businesses with the highest return potential. We thank the 77kids team for their hard work, passion and dedication.”

  • American Eagle Outfitters to exit 77kids brand

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  • Foot Locker profit surges 36% on strong sales

    New York -- Foot Locker's first-quarter profit rose 36%, exceeding Wall Street predictions. For the quarter ended April 28, the company earned $128 million, up from $94 million in the same quarter last year.

    "2012 has gotten off to an outstanding start, with our first quarter results representing the highest level of quarterly earnings in the company's history," said chairman and CEO Ken Hicks.

    Sales rose 8.7% to $1.58 billion from $1.45 billion. Same-store sales increased 9.7%.

  • Hibbett profit increases 24%; opening 55 to 60 stores

    Birmingham, Ala. -- Hibbett Sports Inc. said Friday that its fiscal first-quarter net income increased 24% on higher demand for sneakers and other athletic gear. The retailer also raised its profit outlook for the year.

    For the three months through April 28, Hibbett earned a better-than-expected $26.4 million, up from $21.3 million in the same quarter last year.

  • Hibbett Sports an attractive Q1, raises outlook

    BIRMINGHAM, Ala. — Hibbett Sports raised its full year guidance after posting hefty sales and earnings growth for its first quarter. Sales for the first quarter ended April 28, increased 14.4% to $232.9 million compared with $203.7 million for the 13-week period ended April 30, 2011. Comparable-store sales increased 11.1%. Net income for the quarter increased 23.5% to $26.4 million compared with $21.3 million for the same period last year. Earnings per diluted share increased 29% to 98 cents compared with 76 cents for the same period last year.

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