Today's Digital Daily
Sales continued to decline at Sears and Kmart, and the parent company posted losses for the second quarter.
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The company said November comps rose 6 percent.
The jobs front still presented a mixed picture in March: those who said jobs are “plentiful” rose, as did those who said jobs were “hard to get.”
Strategic investment in product, marketing, digital content and infrastructure dented the bottom line over the past year.
Results were impacted by costs related to the brand’s March acquisition by TPG Capital and Leonard Green & Partners and merchandise issues.
July comps were positive.
Comps also fall in the quarter.
No-nonsense bons mots are legendary in the technology and operations halls at David Yurman, the luxury jewelry brand.
NEW YORK — Sales growth has decelerated for most specialty store chains since the second half of last year, but that didn’t stop most from logging profit increases in the first quarter.
Among seven midsize chains reporting earnings this…
NEW YORK — Leading off the earnings season for specialty stores, youth-oriented Charlotte Russe Holdings and Bebe Inc. Thursday saw their profits go in opposite directions even as both warned that uncertainty in the retail environment,…
WASHINGTON — Wholesale prices for domestically produced women’s apparel showed some signs of strength in October, with an uptick of 0.7 percent, but continued to decline on an annual basis, the Labor Department reported Friday in its…
NEW YORK — Two Pennsylvania-based Outfitters had drastically different second-quarter results as one fulfilled its fashion fantasies and the other owned up to merchandising miscues.
Philadelphia-based Urban Outfitters Inc. said…