Apparel & Accessories

02/24/2011 - 12:31
Target turns in a solid year aided by tax benefit

Fourth quarter earnings per share at Target advanced 17% to $1.45 compared with $1.24 the prior year, thanks to a seven-cent-a-share tax benefit, and quarterly profits were slightly more than $1 billion compared with $936 million the prior year.

02/24/2011 - 12:18
New CEO named at Sears as sales and profits slide

Sears Holdings named Lou D’Ambrosio its new CEO in conjunction with the release of fourth-quarter results that sales and profits decline, as a 2.5% same-store sales increase at Kmart was not enough to offset a 4.5% comp decline as Sear’s flagship stores.

02/24/2011 - 11:53
Macy's offers a 'Backstage Pass' using QR codes

Macy's has launched a new service to bring exclusive video content to users' mobile phones.

02/23/2011 - 12:49
Store closures impact TJX's profit

TJX Cos. reported a 15% drop in fourth-quarter earnings, dragged down by costs to close its A.J. Wright store division. The company also plans to repurchase $1.2 billion of its stock this fiscal year and raise its dividend.

02/23/2011 - 12:46
Saks experiences upswing in Q4 profit

Saks returned to profitability in its fiscal fourth quarter as the chain sold more items at full-price and used fewer promotions.

02/23/2011 - 12:44
Dillard’s Q4 profit up 38% on improved sales

Dillard's said Tuesday that its net income grew 38% in the fourth quarter as its sales improved and the retailer controlled expenses and inventory.

02/23/2011 - 12:42
Consumer confidence at a three-year high

The Conference Board's Consumer Confidence Index reached 70.4 in February, a three-year high from February 2008, thanks to growing optimism about the short-term future.

02/23/2011 - 10:42
Chico's names new COO

Chico's FAS announced Tuesday that it has appointed Kent Kleeberger to the position of EVP and COO.

02/22/2011 - 19:43
Macy's Q4 profit rises 50% on strong holiday selling season

Macy’s reported Tuesday that net income jumped 50% in the fourth quarter ended Jan. 29, and projected its full-year profit would meet Wall Street expectations.

02/22/2011 - 18:36
Zale appoints David F. Dyer to board

Zale Corp. said Tuesday that it has appointed David F. Dyer, chairman, president and CEO of Chico’s FAS, to its board of directors, effective immediately.

© 2013 Retailing Today. All Rights Reserved.