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Retail

  • Camper deploys TXT solution to support global growth

    New York -- TXT e-solutions, a leading provider of integrated and collaborative planning solutions, today announced that European footwear brand Camper, has successfully implemented TXT e-solutions’ integrated retail planning software to support its entire retail planning cycle as it continues to expand both online and internationally.

  • Chico’s repurchases 6.7 million shares

    Fort Myers, Fla. – Chico’s FAS repurchased approximately 6.7 million shares of its common stock, for approximately $125 million, during the fourth quarter of fiscal 2013, completing all but $55 million of its existing share repurchase authorization. The Chico’s board of directors has cancelled the remainder of its March 2013 share repurchase program and approved a new $300 million share repurchase authorization for the company's common stock.

  • LLBean.com gets top marks on customer service

    LLBean.com provided the highest-rated customer service of all major online retailers during the month of November 2013, according to the Stella Monthly Ranking from the StellaService customer service analysis firm.

    L.L. Bean was ranked number one for overall customer service and also in the email customer service area.

    SierraTradingPost.com took top honors for phone customer service, Sears.com had the highest ranked shipping customer service and Bloomingdales.com has the best returns customer service.

  • Pier 1 boosts net income, sales

    Fort Worth, Texas – Pier 1 Imports boosted net income and sales during the third quarter of fiscal 2014 compared to the same period in the prior year, partially aided by strong Thanksgiving weekend performance. Net income totaled $26.8 million, up 13% from $23.7 million.

    Total sales for the third quarter were $465.5 million, a 9.6% increase from $424.5 million in the year-ago quarter.

    Same-store sales rose 6.9%, primarily attributable to increases in conversion rate and higher average ticket.

  • Saks Fifth Avenue has new marketing chief

    Saks Fifth Avenue, a subsidiary of Hudson's Bay Company, has appointed Mark Briggs as its chief marketing officer, reporting to president Marigay McKee, effective March 2014.

    “Mark brings a wealth of experience in luxury brand management with a proven track record of creating retail magic around heritage brands. His passion for retail theater and essential understanding of the customer will be integral to our success,” said McKee. “I am thrilled to welcome Mark to the Saks team, where he will play a key role on the executive committee.”

  • Frederick’s of Hollywood plans to go private

    Hollywood, Calif. -- Frederick's of Hollywood Group Inc. has entered into a definitive merger agreement that provides for the acquisition of the company by a consortium consisting of HGI Funding LLC, a wholly-owned subsidiary of Harbinger Group Inc., and certain of the company's other common and preferred shareholders. The members of the consortium as a group beneficially own approximately 88.6% of the company's common stock.

  • Barney’s plans new Manhattan flagship in 2017

    New York – Barney’s New York plans to open a flagship in the Chelsea neighborhood of Manhattan in 2017. The downtown store will consist of five floors totaling close to 57,000 sq. ft. and be located on the site of a former Barney’s flagship on Seventh Avenue that was open from 1923-1998.

  • Target hits digital bull’s-eye

    Target’s online traffic continues to grow at double-digit rates, with mobile sales growing more than 100% for the holiday period.

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