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Ascena weighed down by writedowns in Q4
Justice continues to be a drain for the Ascena Retail Group, but in the fourth quarter Lane Bryant also proved to be a burden, as the company reported a drop in same-store sales.
The operator of Justice, as well as stores under the Lane Bryant, Cacique, Maurices, Dressbarn, and Catherines brands, said combined same-store sales declined 2% during its fourth quarter of fiscal 2015 ended July 25.
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Toys"R"Us, Kohl's look to fill more than 100,000 holiday jobs
Kohl’s and Toys"R"Us are among the first retailers to announce their holiday hiring plans this year, and the numbers are more or less the same as last year for both companies.
Toys”R”Us plans to hire 40,000 employees at its stores and distribution centers throughout the country (about 5,000 less than last year). The retailer also plans to allow seasonal workers the opportunity to take on significantly more hours than in previous years, while also continuing to provide extra hours to current employees.

