Skip to main content

Sales & Marketing

  • GameStop a winner in Q2

    Grapevine, Texas – GameStop Corp. on Thursday posted a strong second quarter, with profit and revenue that topped analysts’ estimates.

    The retailer’s net income rose 3% to $25.3 million from $24.6 million.

  • Meijer celebrates mPerks with major milestone

    Meijer's free digital savings program, mPerks, is turning 5 this week and has already set a company record with $100 million in savings to customers this year.

  • The cost-cutting continues at Chico's

    While sales at Chico’s appear to be improving, the specialty retailer's turnaround plan also includes selling off one of its divisions.

  • Destination XL sees more opportunity for expansion

    Canton, Mass. — Specialty men’s retailer Destination XL Inc. reported Thursday that it shrank its net loss in the second quarter.

    The company also raised its potential store count from 250 to 400. As a result, the retailer expects to open 30 to 40 DXL stores per year through fiscal 2020.

    During fiscal 2015, Destination XL plans to open approximately 30 DXL retail and eight DXL outlet stores and close approximately 41 Casual Male XL and three Rochester clothing stores.

  • Tilly’s misses Street in Q2

    Irvine, Calif. — Tilly’s Inc. missed Wall Street expectations by falling profit and increasing revenue in a mixed second quarter of fiscal 2015. Net income fell 54%, from $1.3 million to $600,000, with a tax settlement hindering profitability.

    Total net sales fared better, rising 6%, from $123 million to $130 million. Same-store sales — including e-commerce — climbed 0.5%.

    Despite missing Wall Street forecasts and declining profit, President and CEO Daniel Griesmer said he was pleased with results for the quarter.

  • Staples focuses on tech for back-to-school

    As it awaits regulatory approval of its acquisition of Office Depot, Staples Inc. is focused on making its stores appealing to students with tech items on their back-to-school lists.

    The retailer is offering exclusive student savings with a valid college student I.D. or verifiable .edu email address for online orders.

  • Study: Perennial fave continues to take top spot in overall customer service

    New York – L.L. Bean continues to win top marks in overall customer service.

    According to the latest quarterly Stella Service benchmarks, perennial high finisher L.L. Bean took top customer service honors in second quarter 2015. Following L.L. Bean were Mr. Porter, Shopbop, David Yuman and Net-a-Porter.

  • Walmart to stop selling assault rifles

    New York -- Walmart plans to stop selling AR-15 assault rifles and other modern sporting rifles, a move the company says is motivated not by politics but by falling consumer demand.

X
This ad will auto-close in 10 seconds