Financial

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Financial

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InTurn Attracts High-Profile Investors

The new platform has attracted some high-profile industry investors — Ken Seiff, founder of Bluefly, and Silas Chou, who backed the Michael Kors and Tommy Hilfiger businesses.

Retail Apparel Prices Rise in March

The overall CPI was also up last month.

RetailNext Secures $125 Million in New Funding

Round brings total raised since 2007 to $184 million.

H&M Sales Gain 10% in March

The Swedish retailer logged a slower pace than in previous months.

Weekly Sales Log Second Best Gain of Year

Year-on-year gain of 3.8 percent balanced by 1 percent sequential rise.

Retailers pulled off a pretty good holiday season after all, despite an erratic eight weeks of highs and lows.

March Retail Sales Up Across the Board

Shoppers returned to form after winter hibernation.

The Children’s Place Rejects Activists’ Board Nominations

The Children’s Place rejected the three prospective nominees.

A Carrefour hypermarket.

Carrefour Q1 Sales Gain 6.2%

The French retailer cited strong growth in Latin America, and recovering sales in Europe.

Hudson’s Bay Shareholders Set Secondary Offer

Hanover (Luxembourg) SA and 2380162 Ontario Ltd. are actors in the $253.1 million transaction.