American Eagle to cut back on discounting

01/16/2013 | Wall Street Journal, The

American Eagle Outfitters aims to cut its annual merchandise markdown rate from 37% to 30%, with more careful inventory management and fewer promotions during the year, the company said Wednesday. The teen apparel chain began its efforts to reduce promotions last year, a move CEO Robert Hanson said will result in a 1% improvement in margin performance for 2012.

View Full Article in:

Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Retail Store Manager
UA Brands
Macon, Georgia
Buyer, Men's, Gap Onlline Japan
Gap Inc./Gap Headquarters
SAN FRANCISCO, California
VP/DMM Product-Ready to Wear
Bon-Ton Stores
MILWAUKEE, Wisconsin
Manager Merchandising Development
Walgreens
Northbrook, Illinois
Branch Manager
Crescent Electric Supply Co.
Sheridan, WY