Teen apparel retailer The Wet Seal reported net income for the fourth quarter dropped to $1.1 million from $5.3 million a year earlier.
Fortune has released its 2012 list of the 50 most admired companies, and it should come as no surprise that Apple topped the list.
Closed by floods in May 2010, the Saks Fifth Avenue Off 5th at Opry Mills in Nashville, Tenn., will reopen on March 29.
The Limited on Friday will open a 4,300-sq.-ft. store in Westfield Galleria Mall, Roseville, Calif., one of four new locations the chain will open this year in California.
Increased cutomer traffic and average ticket, helped drive comps at Cost Plus up 7.6% for the fourth quarter of 2011 on top of a 7.7% increase from the fourth quarter of last year.
The National Retail Federation has appointed a new VP communications.
RadioShack has made an agreement with Malaysian retail group Berjaya Retail Berhad that will expand RadioShack's global footprint across 10 Southeast Asian countries.
The Food Marketing Institute on Thursday named Hannah Walker director of government relations to represent food retailers on Capitol Hill.
REI (Recreational Equipment Inc.) announced that retail and outdoor industry veteran Eric Artz will join the company as chief financial officer in May. Artz comes to REI from Urban Outfitters.
GameStop is postive about 2012, despite ending 2011 with a quarter of declining sales and earnings.