Editorial Results (free)
1. Bebe Expects to Close All its Stores by the End of May
- Monday, April 24, 2017
NEW YORK (AP) – Clothing chain Bebe says it expects to close all its stores by the end of May, making it the latest retail casualty of the migration to online shopping.
The Brisbane, California-based chain had said earlier this month it would close 21 stores and "explore options" for the remaining locations. In a regulatory filing, it said it expects to recognize an impairment charge of about $20 million as a result of the closing of all its stores. The chain had recently said it had more than 130 retail stores and more than 30 outlet stores in the United States, Canada and Puerto Rico. It also offers branded products elsewhere and operates bebe.com.
2. Last Word: Big 12 Speculation, Changes at Fred's and Painting Rocks
- Wednesday, August 31, 2016
Just in time for the first weekend of college football, speculation about a list of finalists for the Big 12 athletic conference realignment and the University of Memphis is reportedly on the list of contenders for a much talked about and highly sought after conference switch.
3. Abercrombie Closing Up to 60 Stores After Posting Wider Loss
- Wednesday, August 31, 2016
NEW YORK (AP) – Abercrombie & Fitch Co. reported a wider loss for its second quarter on Tuesday and said it's closing up to 60 stores in the United States as both U.S. and international sales fell.
4. Aeropostale, One-Time Mall King, Seeks Bankruptcy Protection
- Thursday, May 05, 2016
NEW YORK (AP) – Aeropostale, once the vibrant epicenter of the U.S. mall scene, is seeking Chapter 11 bankruptcy protection and closing 20 percent of its stores in North America.
The New York company said Wednesday that it is closing 113 of its 739 U.S. stores and all 41 locations in Canada. Going-out-of-business sales at those U.S. stores will begin this weekend.
5. Justices Boost Workplace Religious Protections
- Tuesday, June 02, 2015
WASHINGTON (AP) – The Supreme Court strengthened civil rights protections Monday for employees and job applicants who need special treatment in the workplace because of their religious beliefs.
6. Southaven Plans to Become Regional Shopping Destination
- Tuesday, February 24, 2015
Local officials are expecting the outlet mall under construction by Tanger and Poag Shopping Centers to make Southaven a regional business destination.
“We are 250 miles from six states and we will probably draw from all of them,” Carmen Kyle, executive director of the Southaven Chamber of Commerce, told The Commercial Appeal. “This isn’t your local mall.”
7. Teen Retailers Get the Cold Shoulder for Holidays
- Friday, December 12, 2014
NEW YORK (AP) – Being a teen can be tough, but catering to one is even more difficult.
Teen retailers are learning that lesson the hard way this holiday season.
The longtime CEO of Abercrombie & Fitch on Tuesday abruptly retired just a week after the retailer posted an 11.5 percent quarterly sales drop and slashed its annual profit forecast. And American Eagle and Aeropostale gave dismal forecasts for the quarter that includes the holiday shopping season after each posted weak sales for the fall.
8. These Retailers Could Use Some Holiday Cheer
- Friday, December 05, 2014
NEW YORK (AP) – The holiday shopping season is always a make-or-break period for struggling retailers.
But this year, the fight to grab shoppers has intensified, making it difficult for stores to use the season that accounts for about 20 percent of the retail industry's annual sales to bounce back.
9. Governors Erupt in Partisan Dispute at White House
- Tuesday, February 25, 2014
WASHINGTON (AP) – The nation's governors emerged from a meeting with President Barack Obama on Monday claiming harmony, only to immediately break into an on-camera partisan feud in front of the West Wing.
10. Clearances, Heat Lured Shoppers to Spend in July
- Friday, August 03, 2012
NEW YORK (AP) – Americans shoppers proved resilient in July, driving a key sales figure up at retailers across the country, despite persistent worry about jobs and the global economy.
Results came in better than expected for many retailers, helped by hot weather and summer clearance sales, an encouraging sign as the back-to-school season, the second-biggest shopping season behind the holidays, kicks off.
11. Retailers Report Solid Gains for September
- Friday, October 07, 2011
NEW YORK (AP) – September offered the latest sign that Americans will shop, but only when they think they're getting a deal.
The International Council of Shopping Centers said Thursday that revenue rose 5.5 percent in September, with several retailers including Target, Limited Brands and Kohl's posting strong gains as consumers snagged discounted merchandise.
12. Forecast: Group Sees 2011 Retail Sales Up 4 Pct
- Friday, February 18, 2011
NEW YORK (AP) – The nation's largest retail trade group says it expects retail sales to rise 4 percent this year, the biggest increase since 2006, but shoppers are likely to remain cautious as they cope with slow job growth and rising prices.
13. Clothing Prices to Rise 10 Pct Starting in Spring
- Tuesday, February 15, 2011
NEW YORK (AP) — The era of falling clothing prices is ending.
Clothing prices have dropped for a decade as tame inflation and cheap overseas labor helped hold down costs. Retailers and clothing makers cut frills and experimented with fabric blends to cut prices during the recession.
14. December Increase Seals Strong Holiday for Retail
- Friday, January 07, 2011
NEW YORK (AP) — Retailers sealed their strongest holiday sales increase since 2006, as a robust November more than offset spending that tapered off in December.
The results reported Thursday suggest steadily improving consumer spending. For investors, whose expectations were riding high, the December figures were disappointing.
15. Spending Data Show December Sales Strong
- Thursday, January 06, 2011
NEW YORK (AP) – Americans spent more on clothes, shoes, luxury goods and electronics in December than a year earlier, extending retail sales momentum that had been building since August, according to data released Wednesday.
16. Holiday Shoppers Sprint to End; Retail Revenue Up
- Thursday, December 23, 2010
NEW YORK (AP) – Holiday shoppers are racing to the end of the season at a more feverish pace this year, with retail revenue up 5.5 percent during the last weekend before Christmas.
The figure, released by ShopperTrak on Wednesday, is a drastic improvement from the same weekend last year, when revenue dropped 6.2 percent. The final shopping weekend last year was marred by a big East Coast snowstorm.
17. Recipe for a Rally Cocktail
- Tuesday, December 07, 2010
Rally Cocktail Few things provide more cheer and meaning for the holiday season than a market rally. For those interested in the recipe for the current one, here are the key ingredients:
18. Jobless Claims Rise, But Trend Shows Improvement
- Friday, December 03, 2010
WASHINGTON (AP) – More Americans applied for unemployment benefits last week, but the broader trend in layoffs points to a slowly healing job market. The average over the past month fell to a two-year low.
19. Holiday Shoppers Came Out to Spend in November
- Friday, December 03, 2010
NEW YORK (AP) – Generous discounts lured American to stores and online for holiday gifts in November, providing cheer and delivering the best gains for retailers in four years.
That raises hopes, already buoyed by reports of crowded malls and early numbers, for a strong holiday shopping season and is an encouraging sign for the economic recovery.
20. Heavy Discounts Fuel Only Modest Retail Gains
- Friday, November 05, 2010
NEW YORK (AP) – Americans took a pause in shopping in October, leaving retailers with their weakest peformance since April as unsually warm weather depressed their appetite for cold weather items.
21. Retailers Report September Boost
- Friday, October 08, 2010
NEW YORK (AP) – Retailers reported surprisingly solid sales gains for September, boosted by back-to-school shopping, much of it pushed into September by parents who had put off trips to the mall.
22. Unemployment Claims Drop for 4th Time in 5 Weeks
- Friday, October 08, 2010
WASHINGTON (AP) – Applications for unemployment benefits fell last week for the fourth time in five weeks, a sign that layoffs are declining.
The Labor Department said Thursday that initial claims for jobless aid dropped by 11,000 to a seasonally adjusted 445,000. It's the lowest level since the week ending July 10.
23. Holiday Hiring Picture Gets a Bit Merrier
- Monday, October 04, 2010
NEW YORK (AP) – The holiday hiring picture looks a bit merrier this year.
Macy's, Toys R Us, Pier 1, American Eagle Outfitters and Borders all plan to hire more temporary holiday workers this year than last, emboldened by several months of sales gains and a slowly improving economy.
24. Discounts Spur Surprising Aug. Retail Sales Gains
- Friday, September 03, 2010
NEW YORK (AP) – American shoppers, taking advantage of deep discounts and tax-free holidays, opened up their wallets a little more for back-to-school spending compared with last year, giving some retailers better-than expected gains for August.
25. New Claims for Jobless Benefits Rise to 479K
- Friday, August 06, 2010
WASHINGTON (AP) – Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring in the U.S. remains weak and some companies are still cutting workers.
26. Americans Spend More in May, See Incomes Rise
- Tuesday, June 29, 2010
WASHINGTON (AP) – Americans spent a little more in May but not enough to speed along the economic recovery.
Consumer spending rose 0.2 percent last month after no change in April, the Commerce Department said Monday.
27. Retail Sales Drop 1.2 Percent in May
- Monday, June 14, 2010
WASHINGTON (AP) – Retail sales plunged in May by the largest amount in eight months as consumers slashed spending on everything from cars to clothing. The big drop raises new worries about the durability of the economic recovery.
28. Retailers' Reports Show Tepid May for Shoppers
- Friday, June 04, 2010
NEW YORK (AP) - Americans, uninspired by cool weather and feeling fresh concerns about the economy, spent with caution in May after a tepid April.
Retailers' May sales reports, released Thursday, underscore how fragile the consumer spending recovery remains.
29. Big Draw
- Tuesday, May 25, 2010
Now showing: Shrek the Third, a kid-friendly flick about a green grouchy ogre voiced by funnyman Mike Myers.
The setting: an amphitheater-like park surrounded by clothing stores, a jeweler and an ice cream shop.
30. Retailers Report 4th Consecutive Month of Gains
- Friday, April 09, 2010
NEW YORK (AP) - Warmer weather and an earlier Easter enticed shoppers into stores for spring merchandise in March, helping retailers post strong sales gains for the month.
Discounter Target Corp., department store Macy's Inc., clothier Gap Inc. and Victoria's Secret parent Limited Brands Inc. posted double-digit increases that beat Wall Street analysts' expectations.
31. Consumers Slowly Show Signs of Springing Back
- Wednesday, March 31, 2010
NEW YORK (AP) - Signs of life in consumer spending are sprouting this spring.
A partial rebound in consumer confidence, a positive report on January home prices and an expected strong March from retailers suggest Americans are cautiously perking up.
32. Retailers Report Strong Gains for February
- Friday, March 05, 2010
NEW YORK (AP) - Shoppers shrugged off the snow and worries about the economy to buy spring clothing and other items at the nation's malls, resulting in the strongest retail sales gain since November 2007, a month before the recession started.
33. New Data: Most Retail Sectors Saw Gains in Feb.
- Thursday, March 04, 2010
NEW YORK (AP) — Most retail sectors including electronics and luxury items saw sales gains in February, data released Wednesday show, though snowstorms that shut in shoppers also chilled sales at women's clothing stores.
34. Outsider Image So Hot Even Ex-Insiders Want It
- Friday, February 26, 2010
NEW YORK (AP) - Ask national Republicans to name a model 2010 congressional candidate, and they're likely to mention Stephen Fincher. A 37-year-old farmer and gospel singer from Frog Jump, Tenn., Fincher has raised more than $675,000 in his bid to succeed retiring Democratic Rep. John Tanner.
35. December Retail Sales Show Signs of Life
- Friday, January 08, 2010
NEW YORK (AP) - Last-minute holiday shoppers brought relief to the nation's retailers, handing them modest sales gains for the season and prompting several chains to raise their fourth-quarter profit outlooks.
36. Economic News Raises Hopes for Global Recovery
- Monday, December 14, 2009
WASHINGTON (AP) - Signs of a strengthening global recovery emerged Friday, with consumers boosting retail sales, companies restoring stockpiles and Chinese exports mounting a comeback.
The reports heightened hopes that consumers are starting to feel more comfortable about opening their wallets after months of building savings and reducing debt. Consumer spending, which drives most U.S. economic activity, is vital to a sustained rebound.
37. Consumer Borrowing Falls for 9th Straight Month
- Tuesday, December 08, 2009
WASHINGTON (AP) – Americans borrowed less for a record ninth straight month in October, another sign that consumer spending will remain weak, making it harder for the economy to mount a sustained rebound.
38. Stocks Jump After G-20 Pledge to Aid Economies
- Tuesday, November 10, 2009
NEW YORK (AP) - Stocks jumped to new highs for the year Monday as the dollar extended its slide, boosting prices for commodities including gold and oil. Energy and materials stocks led the market higher.
39. Retailers Report Sales Declines For August
- Friday, September 04, 2009
NEW YORK (AP) – Retailers on Thursday posted sales declines for August as shoppers held back on back-to-school purchases and continued to focus on necessities, but overall results came in ahead of analyst predictions.
40. Weak Retail Report Cards Likely, Analysts Say
- Thursday, September 03, 2009
NEW YORK (AP) - It may be the beginning of the year for students, but for retailers, it's report-card time. Analysts expect the early grades on the back-to-school selling season to be weak when retailers report August results Thursday.
41. Consumer Spending Edges Up in July
- Monday, August 31, 2009
WASHINGTON (AP) – Consumer spending increased in July with help from the popular Cash for Clunkers program, but household incomes, the fuel for future spending increases, were flat.
Consumer spending is the big question mark as the economy struggles to emerge from the recession. Economists worry that households hurt by rising unemployment, weak income growth and depleted investments will not provide the support the economy needs to rebound to sustained growth.
42. Sluggish July Sales Show Tight-Fisted Consumers
- Friday, August 07, 2009
NEW YORK (AP) – Shoppers, worried about job security and finding fewer options among the sales bins, remained tight-fisted in July, resulting in sluggish sales for many merchants and raising concern about the back-to-school shopping season’s health.
43. Weak Retail Sales Raise Worries
- Friday, July 10, 2009
Rain and escalating job worries dampened shoppers’ appetites for summer staples such as shorts and dresses more than expected in June, increasing concerns about the back-to-school shopping season.
Retailers in all sectors reported weak same-store sales Thursday, but mall-based clothing stores suffered most in June compared to a year earlier, while some discounters scraped by.
44. US Retailers Report May Sales Declines
- Friday, June 05, 2009
Although consumer confidence may be increasing, it’s not showing up at the cash register yet. Many retailers posted disappointing May sales Thursday, although food and necessities remained high on shoppers’ lists.
45. Abercrombie & Fitch Q4 Profit Drops 68%
- Monday, February 16, 2009
Teen retailer Abercrombie & Fitch Co., which resisted the steep discounts its competitors offered during the holiday season, said Friday its fourth-quarter profit slid 68 percent as sales slumped.
46. National Retailers Clear Out Inventory
- Tuesday, December 30, 2008
After a weak holiday, the day after Christmas may have been the busiest shopping day of the season, allowing retailers to clear out old inventory, an analyst said Monday.
Many consumers have been scaling back on their spending, and retailers have cut prices to try and lure shoppers into their stores. Heavy snowstorms across much of the U.S. in recent weeks have further dampened shoppers’ enthusiasm.
47. Wholesale Inventories, Sales Plunge in October
- Thursday, December 11, 2008
WASHINGTON (AP) - Wholesalers cut back on their inventories in October by the largest amount since the period following the 2001 terrorist attacks while they watched their sales plunge by a record amount.
48. Retailers See Sales Drop in Dreary November
- Friday, December 05, 2008
NEW YORK (AP) – U.S. retailers limped through a miserable November that even a surge of shopping after Thanksgiving couldn’t save, making it the weakest month since at least 1969 and deepening fears that the critical holiday period could be the most dismal in decades.
49. Wall Street Turns to Consumers To Gauge Economy
- Tuesday, November 11, 2008
NEW YORK (AP) – Wall Street heads into another turbulent week with investors set to pore over a government report on retail sales and earnings from Wal-Mart Stores Inc. to get a better reading on consumers.
50. Sector Snap: Specialty Apparel
- Tuesday, November 11, 2008
NEW YORK (AP) - Shares of specialty apparel retailers were mixed Monday, ahead of several fiscal third-quarter earnings reports.
After many retailers reported dismal October sales in stores open at least on year, a key retail metric known as same-store sales, last week, analysts are pessimistic about third-quarter results. However, shares are down so much over the past several months, few expect retailers' stocks to fall a significant amount further.
51. Vanishing Jobs, Stressed Consumers Feed Downturn
- Monday, November 10, 2008
WASHINGTON (AP) - The nation's unemployment rate is at a 14-year high, General Motors reported a massive third-quarter loss and says it may run out of cash next year, and Ford is planning more job cuts after burning through billions of its own.
52. Apparel Chains Report Dismal September Sales
- Friday, October 10, 2008
Dismal September sales results from mall-based apparel chains, released Thursday, offered more fresh evidence that American consumers, spooked by the financial meltdown, shut their wallets tight last month.
53. Retailers Report Sluggish Sales
- Friday, September 05, 2008
NEW YORK (AP) – Many of the nation’s retailers struggled with a sluggish back-to-school season, though Wal-Mart posted higher August sales Thursday as shoppers focused on buying essentials amid persistent worries about high gas and food prices.
54. Retailers Report Mixed Sales Results In Feb.
- Monday, March 10, 2008
NEW YORK (AP) - The nation's retailers got a little reprieve in February, as consumers hesitantly returned to malls and stores after retrenching in recent months. Among the big winners were discounters like Wal-Mart Stores Inc., whose results beat expectations.
- Thursday, September 20, 2007
The Institute of Management Accountants - Memphis Chapter will hold its monthly Technical Session today at 11:45 a.m. in the Medallion Restaurant in the Holiday Inn-University of Memphis, 3700 Central Ave. The event is $20. For reservations or more information, visit www.imamemphis.org.
- Wednesday, September 19, 2007
The Alliance for Nonprofit Excellence will host its "Researching Grant Funding" workshop today from 9 a.m. to 1 p.m. at the alliance office, 606 S. Mendenhall Road, Suite 108. The event is $65 for members, $55 for participants in the Alliance's Program for Nonprofit Excellence and $99 for nonmembers. Call Nancy McGee at 684-6605 for more information.
57. Archived Article
- Tuesday, November 01, 2005
1245 Germantown Parkway
Cordova, TN 38016
Cost: $8 million
Buyer: NPK Cordova LLC
Seller: Kmart Corp.
58. Archived Article: Daily Digest
- Friday, August 08, 2003
FedEx, trade group
FedEx, trade group
create shipping program
The National Association of Manufacturers and FedEx Corp. have signed an agreement that will make an array of FedEx air, ground and international shipping services available to t...
59. Archived Article: Back
- Wednesday, October 30, 1996
Galleria announces Galleria announces first group of stores Urban Shopping Centers Inc., owner of the Wolfchase Galleria under construction at I-40 and Germantown Parkway, announced Tuesday many of the new stores that will open in the mall Feb. 26. ...