Author: Andy Polk

Kevin Mansell, Kohl's chairman, chief executive officer and president, said, "Sales were modestly below our original expectations for the quarter, but accelerated in the March/April combined period after a weak February. We are very pleased with our earnings results, with a more balanced promotional calendar...

Dillard’s Chief Executive Officer, William T. Dillard, II, stated, "We are disappointed with our first quarter performance. Our 1 percent sales decline hampered our ability to leverage operating expenses and to drive net income growth. Although inventory is higher than we would like, we believe...

Effective May 18, Han-Bo Shim, will be responsible for establishing and executing sales, distribution, and marketing strategies for the company’s family of active brands, which are sold to Korean consumers through a network of more than 250 dealer-operated, branded, outlet and shop-in-shop locations, as well...

Macy’s, Inc. reported first-quarter earnings slid 13.8 percent. Same-store sales dipped 0.1 percent, lower than planned due to delays caused by the West Coast port slowdown, extreme winter weather and lower international tourist spending....

Marvin Ellison, president and CEO-designee, said, "The teams executed extremely well this quarter, resulting in significantly improved performance across the enterprise. It is clear that our strategic initiatives are working to drive profitable sales growth...

Crocs Inc reported sales slumped 16.1 percent in the first quarter, to $262.2 million, in line with expectations. On a currency-neutral basis, revenue decreased 8 percent. The company showed a loss of $6.0 million, or 8 cents a share, against a profit of $6.4 million,...