Big Lots reported that sales for its first quarter ended April 30 were $1.2 billion, a decrease of 0.5% compared with $.22 billion for the first quarter of fiscal 2010.
Amazon.com continues to grow beyond its origins as an online bookstore and is now expanding its apparel offerings with the launch of a new membership-only website, Myhabit.com.
Disney Store has announced the launch of an exclusive collection from designer Kidada Jones.
Sears announced the launch of new jewelry line from designer Zaven Ghanimian.
HSN Inc. reported that total net sales for its first quarter grew 6% over the prior year to $724 million.
Express announced the enhanced option to shop and purchase its entire product line via the brand's Facebook page, which now includes over 837,000 friends.
Mobile and social initiatives are becoming increasingly important to retailers.
Sears Holdings will host its annual meeting on May 4, and attendees present will likely want to know how the company plans to improve sales and return to profitability under the leadership of its new CEO, Lou D’Ambrosio.
JCPenney has completed a new five-year $1.25 billion bank credit facility.
Levi's announced that it has named Walker MacWilliam as its new global head of men's design.