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 […]
A reader asks merchandise planning expert Steve Pruitt, “Do I run the chance of missing sales by not landing all my seasonal inventory early?”
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 reported a big drop inQ3 earnings—down 82% to $6.8 million—on expenses related to Jos. A. Bank.
Nike’s $10 million lawsuit accuses the three designers of stealing trade secrets and violating a non-compete.
Hudson’s Bay Company narrowed its loss and doubled its revenue in the third-quarter, helped by its Saks division.
Most Kohl’s stores will not close from 6am, Friday December 19 through 6pm on Christmas Eve, December 24—a 100-hour marathon.
The San Diego Union-Tribune reports that retailers like Starbucks, Victoria’s Secret and H&M are changing up their holiday soundtracks.
Nike Inc. has named Tom Peddie VP/GM of the emerging markets geography, replacing the retiring Roland Wolfram.