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1. Jos. A. Bank Buying Eddie Bauer in $825 Million Deal
- Monday, February 17, 2014
After months of flirting with the idea of combining with a rival, Jos. A. Bank has decided it is better suited for another men's clothing brand.
2. Retailers See Slow Start to Back-to-School Season
- Friday, August 9, 2013
NEW YORK (AP) – Shoppers are holding off on back-to-school shopping, and those who delay long enough might be rewarded with some steep discounts from desperate retailers.
Revenue at stores open at least a year – an industry measure of a retailer's health– rose 3.8 percent in July, the slowest pace since March, according to a preliminary tally of 10 retailers by the International Council of Shopping Centers. The figure, which excludes drugstores, was below a 5.5 percent increase in June.
3. Holiday Shopping Season is Strong
- Thursday, December 22, 2011
NEW YORK (AP) – The holiday shopping season is wrapping up to be bigger than anyone expected. Now, retailers are holding their breath and hoping consumers will keep spending in the final days before Christmas.
4. Retailers Report Solid Sales Gains for July
- Friday, August 5, 2011
NEW YORK (AP) – Many retailers posted solid sales during the kickoff to the back-to-school season as discounts and high temperatures in July drove shoppers to air-conditioned malls. But merchants worry that momentum won't continue through the remainder of the second-biggest shopping period of the year as the weather gets cold and the deals dry up.
5. Slow Start to Spring Projected for Retailers
- Thursday, April 7, 2011
NEW YORK (AP) – A late Easter, lingering cold weather and rising gas prices are squeezing discretionary spending this spring, according to data being released Wednesday.
Figures from MasterCard Advisors' SpendingPulse show sales growth slowed in some categories last month. But consumers spent more on clothing – and most other items from electronics to luxury goods – than they did in March 2010.
6. Shoppers Crowd the Malls in Christmas Countdown
- Tuesday, December 21, 2010
NEW YORK (AP) – Packed malls? Healthy gains in holiday spending? It's beginning to look at least a little like a pre-recession Christmas.
Americans spent more on clothing, luxury goods and even furniture, delivering healthy gains across the board, according to MasterCard Advisors' SpendingPulse, which tracks spending across all transactions including cash. The online category continued to be a bright spot. The big exception was consumer electronics, dragged down by deep discounting of TVs amid a glut. That area was virtually unchanged from a year ago.
7. Stores Expected to Show Jan. Sales Figure Up 1 Pct
- Thursday, February 4, 2010
NEW YORK (AP) - Retailers elated by stronger-than-expected holiday sales are expected to report Thursday that they saw an unintended consequence in January: sales up only 1 percent from last year by one measure.
8. Weak Retail Report Cards Likely, Analysts Say
- Thursday, September 3, 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.
9. 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.
10. Retailers Slash Prices, But at What Cost
- Wednesday, September 3, 2008
NEW YORK (AP) - In a bid to pull hesitant shoppers into their stores, retailers are slashing prices on everything from jeans to dinnerware. But those fat discounts will likely come at a big cost for the companies.