News

05/31/2012 - 10:22

William Ackman, founder and CEO of Pershing Square Capital Management, said that J.C. Penney Co. should start to see “real progress” in early 2013.

05/31/2012 - 10:00

Pier 1 Imports reported that sales for its first quarter ended May 26 increased 7.9% to $361 million from $335 million in the year-ago quarter. Comparable-store sales for the quarter were up 7.2%.

05/31/2012 - 09:10

Same-store sales at Costco’s U.S. stores increased 5% during the four week period ended May 27.

05/31/2012 - 09:07

Target reported a 4.4% increase in May same-store sales that was toward the upper end of a guidance range that called for a low-to-mid single-digit increase.

05/30/2012 - 15:32

Nicole by OPI is launching new fall shades of nail lacquer exclusively at Target this fall.

05/30/2012 - 14:40

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.

05/30/2012 - 10:42

A survey released Wednesday by Harris Interactive found that spending can be impacted by concern for the environment.

05/30/2012 - 09:08

PayPal has confirmed partnership with 15 national retailers, including JCPenney, American Eagle Outfitters, Toys“R”Us and Foot Locker, for its mobile wallet service.

05/30/2012 - 09:02

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.

05/30/2012 - 08:58

Yankee Candle Company president and CEO Harlan Kent is the newest member of the specialty apparel retailer Rue21’s board of directors.