News

08/16/2011 - 12:57

Urban Outfitters, which caters to a clientele with a unique and forward-looking approach to fashion and lifestyle merchandise, missed the mark during the second quarter, reporting a 21% profit decline and a same-store sales slip of 2%.

08/16/2011 - 12:40

Saks Inc. reported a second-quarter net loss of $8.4 million, or 5 cents per diluted share. For last year’s second quarter, the company posted a net loss of $32.2 million, or 21 cents per share.

08/16/2011 - 12:18

The combination of new store growth, a 2.5% same-store sales increase and expanding gross margins enabled Dick’s Sporting Good to produce earnings per share of 52 cents and exceed analysts’ estimates by two cents.

08/16/2011 - 11:57

Marketing technology company SpyderLynk and Momentum Worldwide announced Friday that Office Depot has launched a national back-to-school mobile campaign that was developed by Momentum, using SpyderLynk’s 2D mobile barcode SnapTag technology.

08/16/2011 - 11:49

More than one-quarter of U.S. retailers lack a mobile presence, according to new research conducted by 2ergo.

08/16/2011 - 11:37

Sears Holdings announced Tuesday that Robert Schriesheim will join the company as EVP and CFO.

08/16/2011 - 11:24

TJX announced that net sales for the second quarter of F\fiscal 2012 increased 8% to $5.5 billion and consolidated comparable-store sales increased 4%.

08/16/2011 - 10:53

Despite the absence of top line growth at Walmart’s U.S. stores division, second quarter earnings grew 12.4% to $1.09 and came in a penny ahead of analysts’ estimates, which was enough for the company to narrow and increase the range of its full year profit forecast.

08/16/2011 - 10:44

Meijer announced that it is strengthening its commitment to local suppliers by increasing the amount of fruits and vegetables it sources from Midwest farms by 5% this year.

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