Top Stories - Newsletter

08/25/2014 - 11:30

Two industry retailers were honored for their political advocacy and grassroots support at the National Association of Chain Drug Stores Political Involvement Reception during the NACDS Total Store Expo.

08/22/2014 - 12:50

Foot Locker chairman and CEO Ken C. Hicks credited his entire team for once again achieving record levels of sales and profits in the second quarter.

08/22/2014 - 12:37

Although Ann Inc. began the quarter on a positive note, the company was unable to capitalize on the momentum it generated through mid-June. The second half of the quarter was marked by softer traffic levels and a highly promotional environment that pressured sales and margin.

08/22/2014 - 11:35

Although same-store sales at Gap were flat in the second quarter, the company reported a better-than-expected quarterly profit, buoyed by strong sales at Old Navy, and raised its full-year profit forecast as a result.

08/21/2014 - 17:57

Stein Mart CEO Jay Stein is focused on the company’s growth strategy, which includes plans to continue expanding the company’s e-commerce business, following second-quarter results.

08/21/2014 - 14:04

Four years after it opened its first location in New York City, teen and pre-teen bargain retailer Five Below is set to open its first location in Brooklyn at the borough’s Gateway Center Aug. 29. The 7,500-sq.-ft. store will feature all of the company’s merchandise, all priced at or below $5.

08/21/2014 - 11:15

Describing second-quarter earnings as "unacceptable," Sears Holdings chairman and CEO Edward Lampert added that his company's transformation is continuing and online sales are growing.

08/21/2014 - 11:01

Dollar Tree delivered its 26th consecutive quarter of positive comparable store sales growth in the second quarter, but profit declined 2.6% thanks to increased freight costs and investments in higher-value products.

08/20/2014 - 17:49

PetSmart is exploring strategic alternatives to maximize shareholder value, including a possible sale of the company. The news comes on the heels of its second quarter results, and just a little less than two months after activist investor Jana Partners acquired a 9.9% stake in the company and began looking to make changes.

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