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  • Simon opens second Premium Outlet Center in South Korea

    Indianapolis -- Simon Property Group announced that, in partnership with Shinsegae, it has opened Paju Premium Outlets, its second Premium Outlet Center in South Korea.

    The 328,000-sq.-ft. center houses 160 stores, including international and domestic brands. Strategically located in Paju, Gyeonggi Province, the center is approximately 50 minutes northwest of downtown Seoul.

  • Former Claire's exec to head international business development at Children's Place

    SECAUCUS, N.J. -- The Children's Place Retail Stores has announced the appointment of James Bruce Marshall as SVP and managing director international business development, effective March 24. He will report directly to Jane Elfers, president and CEO.

  • Destination Maternity opens 10th store in the Middle East

    Philadelphia -- Destination Maternity Corp. said Wednesday that it has opened a 10th Destination Maternity store in the Middle East, this one located in Discovery Center, in Kuwait.

  • PacSun losses continue in Q4

    Anaheim, Calif. -- Pacific Sunwear of California announced that total sales for the fourth quarter of fiscal 2010 were $263 million, a decrease of 10% from total sales of $293 million for the fourth quarter of fiscal 2009. Total company same-store sales decreased 7% during the fourth quarter of fiscal 2010.

    The company reported a net loss of $35 million, or 53 cents per share, for the fourth quarter of fiscal 2010 compared with a net loss of $36 million, or 56 cents per share, for the fourth quarter of fiscal 2009.

  • Sales no bright spot for PacSun

    ANAHEIM, Calif. -- Pacific Sunwear of California announced that total sales for the fourth quarter of fiscal 2010 were $263 million, a decrease of 10% from total sales of $293 million for the fourth quarter of fiscal 2009. Total company same-store sales decreased 7% during the fourth quarter of fiscal 2010.

    The company reported a net loss of $35 million, or 53 cents per share, for the fourth quarter of fiscal 2010 compared with a net loss of $36 million, or 56 cents per share, for the fourth quarter of fiscal 2009. 

  • DSW makes sales strides

    COLUMBUS, Ohio -- Label-lovers aside, designer shoes -- even discounted designer shoes -- are considered discretionary items by most consumers, and the fact that DSW had such a strong quarter is indeed a good sign that the middle-income consumer is feeling more confident about her economic situation.

  • Williams-Sonoma reports record earnings growth

    San Francisco -- Williams-Sonoma announced that net revenues for fourth quarter 2010 increased 9.7% to $1.195 billion versus $1.09 billion in fourth quarter 2010, including Internet net revenue growth of 27.2% and a comparable-store sales increase of 5.2%.

    Diluted earnings per share on a GAAP basis were $1.05 for the quarter, compared with 81 cents for the same period last year.

  • Sears Holdings awarded top EPA honor

    HOFFMAN ESTATES, Ill. -- Sears Holdings announced that it has been named the 2011 Energy Star Partner of the Year (Product Retailer Category) by the U.S. Environmental Protection Agency (EPA). This is the second year running that Sears Holdings has been awarded this honor for empowering its customers to reduce greenhouse gas emissions and through its numerous initiatives focusing on educating customers about energy-efficient products.

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