Macy’s reported Wednesday that same-store sales for the month of May increased 4.2% compared with the previous year. Revenue rose 4.1% to $2.02 billion.
A survey released Wednesday by Harris Interactive found that spending can be impacted by concern for the environment.
PayPal has confirmed partnership with 15 national retailers, including JCPenney, American Eagle Outfitters, Toys“R”Us and Foot Locker, for its mobile wallet service.
Toys“R”Us chairman and CEO Jerry Storch and Nordstrom Direct president Jamie Nordstrom are among the featured speakers at the Shop.org annual summit.
Yankee Candle Company president and CEO Harlan Kent is the newest member of the specialty apparel retailer Rue21’s board of directors.
Pep Boys has put an end to the proposed merger between itself and investment firm The Gores Group.
Toys"R"Us is continuing its support of Alex's Lemonade Stand Foundation (ALSF), a nonprofit organization dedicated to finding a cure for all children with cancer, through in-store and online fundraising as well as a social media campaign.
May sales at Fred's Inc. increased 6% to $152.1 million from $143.6 million in May 2011. Comparable-store sales for the month rose 1.3% compared with an increase of 0.2% in the same period last year.
Apparel retailer Avenue Stores announced it has begun the process to close 96 stores over the next three months.
The Los Angeles City Council voted 13-1 to ban plastic bags at supermarket checkouts, becoming the largest city in the nation to approve such a law.