News

06/06/2013 - 14:14

Costco reported net sales of $8.1 billion for May 2013, an increase of 7% from $7.6 billion during the same period last year.

06/06/2013 - 12:55

Linens and ladies’ casual and career sportswear buoyed Stein Mart’s total sales for May. The company reported total sales of $107.3 million for the month, an increase of 3.6% from $103.6 million for May last year.

06/06/2013 - 12:02

Ann Inc. reported total net sales for the quarter of $575 million, a 2.5% increase from $560 million in the first quarter ended May 4.

06/06/2013 - 10:52

Lower-than-expected foot traffic driven in part by unseasonably cold weather was not enough to negatively impact Ascena Retail Group’s net sales for the third quarter ended April 27, which were bolstered by the recently acquired Lane Bryant and Catherines businesses.

06/06/2013 - 10:41

McCormick has appointed Lawrence Kurzius as the company’s president, global consumer and chief administrative officer.

06/06/2013 - 09:07

Organized retail crime may have decreased very slightly last year, according to a new National Retail Federation study, but it remains a massive problem and the nation’s largest cities are especially prone to organized activities.

06/05/2013 - 18:56

Procter & Gamble has grouped its global business units into four industry-based sectors and placed Martin Riant, Deborah A. Henretta, David S. Taylor and Giovanni Ciserani as global heads of each to support the company’s current growth strategies.

06/05/2013 - 18:43

JoS. A. Bank Clothiers’ reported net income for the first quarter of fiscal year 2013 of $8.1 million, a 45% fall from $14.8 million for the first quarter of fiscal year 2012.

06/05/2013 - 18:22

On the heels of reporting net revenues of $123 million for the first quarter ended May 4 — an increase of 5% from $117.2 million in the first quarter of the year prior — a Vera Bradley has announced that CEO Michael C. Ray plans to retire from the company.

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