Lululemon Q3 Beats Analysts’ Predictions

Lululemon’s third-quarter numbers beat expectations as the yoga and athletic wear retailer raised its full-year guidance. Net income was $60.5 million ($0.42 per share), down from last year’s $66.1 million ($0.45 per share) but ahead of Wall Street’s predictions of $0.38 per share. Same-store sales were up 3 percent and net sales were up 10 […]

Should I Land All Seasonal Inventory Early?

StevePruitt-FEATURED

A reader asks merchandise planning expert Steve Pruitt, “Do I run the chance of missing sales by not landing all my seasonal inventory early?”

NRF: November Sales Rose 3.2%

The National Retail Federation said that November retail sales, excluding cars, gas stations and restaurants, rose 3.2 percent over November 2013. “As we’ve said all along, retailers are optimistic that they will see healthy holiday sales gains this year,” Said NRF CEO Matthew Shay. “November sales results confirm that optimism, and we are steadfast in […]

Men’s Wearhouse Q3 Profit Down on Acquisition

Men's Wearhouse

Men’s Wearhouse reported a big drop inQ3 earnings—down 82% to $6.8 million—on expenses related to Jos. A. Bank.

Nike Sues Footwear Designers Who Defected to Adidas

Marc Dolce Denis Dekovic and Mark Miner-FEATURED

Nike’s $10 million lawsuit accuses the three designers of stealing trade secrets and violating a non-compete.

Hudson’s Bay Narrows Loss in Q3

Hudson's Bay Company

Hudson’s Bay Company narrowed its loss and doubled its revenue in the third-quarter, helped by its Saks division.

Kohl’s Will be Open Non-Stop from December 19-24

Kohl's

Most Kohl’s stores will not close from 6am, Friday December 19 through 6pm on Christmas Eve, December 24—a 100-hour marathon.

In Other News: Retailers Cut Back on Christmas Tunes

The San Diego Union-Tribune reports that retailers like Starbucks, Victoria’s Secret and H&M are changing up their holiday soundtracks.

Nike Names Peddie GM of Emerging Markets

Nike

Nike Inc. has named Tom Peddie VP/GM of the emerging markets geography, replacing the retiring Roland Wolfram.

Controversial Abercrombie CEO Jeffries Leaving the Company

Abercrombie & Fitch

The Abercrombie & Fitch board announced that Michael Jeffries is retiring immediately.