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  • The Buckle sales continue to slip in August

    Following a revenue miss in the second quarter, sales continue to slide at The Buckle.    For August, same-store sales fell 14.8%, a decrease exceeding the company’s 10.9% same-store loss in July, and a 10.8% drop in the second quarter.    Net sales for August also dipped 14.0% to $87.2 million for the four-week period ended August 27, 2016, compared to $101.4 million for the same fiscal month last year, ended August 29, 2015.   
  • Sales keep sliding at J.Crew

    J. Crew Group’s efforts to pump up sales at its core brand didn’t quite take off in the second quarter.   Total revenues at J.Crew Group decreased 4% to $569.8 million in the second quarter.   Total same-store sales fell 8%, its eight consecutive quarterly decrease, with a 9% decline at the company’s namesake brand and a 3% increase at Madewell.   J. Crew reported a net loss of $8.6 million, compared with $13.6 million a year ago.  
  • Aeropostale: Not dead yet

    Aeropostale may still live to see another day thanks to a last-minute bid.   In a development that no one saw coming, a consortium of landlords, liquidators and others joined together to make a $243.3 million offer to save 229 Aeropostale stores, Fortune reported. The group includes General Group Properties, Simon Property Group, Gordon Brothers Retail Partners, Hilco Merchant Resources, and Authentic Brands Group.  
  • Commentary: Chipotle class-action suit should be wake-call for retailers, restaurants

    This week, 10,000 current and former Chipotle employees filed a class-action lawsuit claiming back wages, working off the clock and various labor violations. The suit should finally be the wake-up call necessary to get c-suite executives at restaurant, retail, hotel & lodging, convenience stores and other labor-intensive industries to take the issue seriously because the Chipotle case may be the tip of the iceberg.  
  • As if Chipotle didn’t have enough to worry about…

    Quick-serve restaurant chain Chipotle has been hit with a lawsuit in which current and former Chipotle employees claim that the company made them work extra hours "off the clock" without paying them, CNN Money reported.   
  • Wendy’s honored for energy efficiency

    The U.S. Department of Energy recognized The Wendy's Company, and one of its franchisees, Wendco Group, for its energy-saving efforts.   Wendy’s Company and Wendco Group, which operates 43 Wendy's restaurants in Alabama and Florida, are participants in the DOE’s Better Buildings Challenge. The program aims to make commercial, public, industrial and residential buildings 20% more energy efficient over the next decade.     
  • Amazon now serving up Houston meal deliveries

    Amazon continues its expansion into the restaurant delivery arena.   Further expanding benefits to its Prime Now members, Amazon launched free one-hour deliveries from popular chain restaurants in the Houston region.   Houston-based members using the Prime Now mobile app, or those visiting the Prime Now website, can view participating restaurants, browse menus, place orders, and track the status of their delivery in real-time.  
  • Chico’s Q2 tops Street; cuts 200 jobs in corporate streamlining

    Chico’s FAS reported better-than-expected second quarter earnings and announced new cost-saving measures. It also said the president of its namesake brand is stepping down.  
  • David’s Bridal CEO steps down; replaced by former Gap head

    Photo: Paul Pressler   The CEO of David's Bridal is out after three years on the job.    The specialty retailer said Pam Wallack has left the company, but gave no reason for her departure, the Associated Press reported. Wallack will be replaced by David’s Bridal chairman and former Gap Inc. head Paul Pressler, who once worked with her at Gap.          
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