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Get your Chanel, Dior and more for free in class-action settlement
Cincinnati Enquirer, The | 16 hours 25 minutes ago
Millions of shoppers will be eligible to receive free perfume, cologne and makeup from the nation's biggest department stores - including Cincinnati-based Macy's - perhaps as early as January.... (more)
Saks stock falls on report Baugur interest fades
Forbes | 1 day 10 hours 20 minutes ago
NEW YORK - Shares of Saks Inc., which operates Saks Fifth Avenue, fell more than 5 percent Friday amid a report that an Icelandic investor is no longer pursuing an acquisition of the luxury retailer this year.... (more)
NY Fashion Week: 'Frugal is the new black'
National Post (Canada) | 2 days 26 minutes ago
Vintage Chanel, World War 2, Mad Men, and the US economy inspire trends as New York Fashion Week begins... (more)
U.S. Designers Woo Sellers Abroad
Wall Street Journal, The | 2 days 2 hours 25 minutes ago
As designers unveil their spring collections at New York's fashion week, which begins Friday, many are scrambling to offset anticipated cutbacks by U.S. department stores by courting overseas retailers.... (more)
Mervyn's SuesTarget, Private Equity Firms for $1B
GlobeSt.com | 2 days 3 hours 5 minutes ago
The lawsuit was filed on Sept. 2 as part of its bankruptcy case, which was filed on July 29. The story begins four years earlier when a group including Cerberus and Sun Capital acquired Mervyn’s from Target for $1.26 billion in a deal that was structured as two separate transactions, one for the real estate and another for the company itself. The lawsuit claims the structure of the deal and the subsequent actions of the private equity firms unduly enriched the private equity firms at the...... (more)
Gottschalks same-store sales fall 11.1 percent
American City Business Journals | 2 days 4 hours 20 minutes ago
Department-store chain Gottschalks Inc. endured another difficult quarter, as same-store sales plummeted 11.1 percent in August, compared to the same month last year -- and much lower than the industry average reported Thursday.... (more)
3 Stocks to Watch: CIEN, PSS, HOV (Ciena,AT&T,Avanex,Collective Brands,Wal-Mart Stores,Sears Holdings,Hovnanian Enterprises) at SmartMoney.com
SmartMoney Magazine | 2 days 6 hours 50 minutes ago
Wire Stories... (more)
UPDATE: Economy, Weather Hurt Non-Discount Retailers In Aug
Wall Street Journal, The | 2 days 12 hours 58 minutes ago
(Updates to recast lede, add sales for BJ's as well as department stores Nordstrom and Saks, and add impact from hurricane and tropical storms.)... (more)
US stocks head to lower open as oil advances - washingtonpost.com
Washington Post, The | 2 days 13 hours 7 minutes ago
NEW YORK -- Wall Street headed for a lower open Thursday after a government report showed that unemployment spiked unexpectedly last week and oil prices advanced for the first time this week.... (more)
Investors favor apartments near jobs
News & Observer (Raleigh, N.C.), The | 2 days 17 hours 15 minutes ago
Jack Hagel, Staff Writer Comment on this story Gas prices have subsided from their $4.05-a-gallon peak in July, providing enough relief for many drivers to demote the phrase "pain at the pump" from top-of-mind status.But the drop hasn't been enough to change the way apartment investors are thinking.The cost of a gallon of regular gasoline is still up about 35 percent from a year ago, which has kept investors focused on apartments closer to employment centers and public transportatio...... (more)
Sears targets younger set with big-name brands
Globe and Mail (Toronto), The | 2 days 18 hours 1 minute ago
For years, Sears Canada Inc. has trumpeted its in-house clothing lines, building a loyal following of older customers. Now, the retailer is starting to bring back brands from global powerhouses such as Kenneth Cole and Calvin Klein. It's part of a broader attempt by Sears to attract a younger, hipper customer. To support its efforts, Sears this month is launching temporary "pop-up" stores at four universities. And in some of its flagship stores, it is rolling out such popular labels a...... (more)
Associated Food Stores Expands Use of Warehouse Management System
Supermarket News | 2 days 21 hours 44 minutes ago
SALT LAKE CITY ? Associated Food Stores is replacing two legacy warehouse management systems in Montana with the Retalix Triceps solution, and is expanding its use of the system at its headquarters distribution center here. Triceps, from Dallas-based Retalix, is designed to drive more accurate tracking of inventory levels, reduce handling and inventory charges, increase labor efficiency and improve management of store orders, said Retalix. ?We?ve had tremendous success with Retalix Triceps an...... (more)
Sears aims at the younger set
Globe and Mail (Toronto), The | 3 days 3 hours 37 minutes ago
For years Sears Canada Inc. has trumpeted its mainstream Jessica and Nevada in-house clothing lines, building a following of older customers but failing to stir a buzz among a younger set or bolster its apparel sales overall.... (more)
Saks to open discount store in San Antonio
Forbes | 3 days 11 hours 9 minutes ago
NEW YORK - Saks Inc. said Wednesday that it will open a Saks Fifth Avenue "Off 5th" store in San Antonio in spring 2009.... (more)
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Companies in the news
- Dillard Inc.
- Gottschalks Inc.
- Mervyn LLC
- Realty Advisors
- Retalix
- Saks Incorporated
- Sears Canada Inc.
- Sears Holdings Corp