10 Jan Macy’s Cuts Guidance On Weak Holiday Sales
Macy’s slashed its outlook for profit, sales and gross margin, citing a weakening in sales in late-December....
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10 Jan Kohl’s Lifts Lower End Of Guidance On Comps Increase
“We are delighted with our 1.2 percent shifted comparable sales increase for the Holiday period, which builds on the positive momentum we have achieved throughout the year,” said Michelle Gass, Kohl’s CEO. ...
03 Jan Amazon Sees Record Holiday Sales
Amazon announced a “record-breaking holiday season” with athleisure cited as a “top trend” and Nike, Adidas, Carhartt and Champion landing on its top-sellers list....
03 Jan Sears To Close 80 More Sears And Kmart Doors By March
Sears Holdings, in bankruptcy proceedings since October, revealed 80 more Sears and Kmart stores it plans to close in late March 2019....
03 Jan Sears Chairman Edward Lampert Makes Last-Minute Bid To Avert Liquidation
Sears won a reprieve from liquidating after its chairman, Eddie Lampert, submitted a $4.4 billion bid in an effort to purchase the retailer....
03 Jan Foot Locker Makes Strategic Investment In Super Heroic
“We are excited to partner with Super Heroic, a company that shares our deep commitment to empowering children through innovative athletic products,” states Richard Johnson, Foot Locker’s Chairman and CEO. ...
21 Dec Moody’s: Caleres Stock Repurchases Could Inhibit Debt Repayment
Moody’s Investors Service said that Caleres, Inc.’s recent announcement that it had completed the repurchase of the remaining shares under its 2011 share repurchase program and put in place a new share repurchase authorization is modestly credit negative but does not impact the ratings....
13 Dec Puma Takes Lead In Fighting Climate Change
In anticipation of the UN Climate Change Conference in Katowice, Poland, Puma played an active role in developing the Fashion Industry Charter for Climate Action by leading working groups and encouraging industry peers and partner vendors to join the initiative....
13 Dec DSW Smashes Street Targets In Q3
DSW Inc. lifted its annual guidance after reporting adjusted earnings in the third quarter handily topped Wall Streets’ targets on a 7.3 percent same-store gain....
13 Dec Eastbay Unveils Lookbook Cover Featuring Nike Women’s Basketball Stars
Eastbay unveiled its December lookbook cover and women’s holiday campaign, featuring five top WNBA stars: Sue Bird, Elena Delle Donne, Jewell Loyd, Breanna Stuart and Diana Taurasi....
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