Bon-Ton Stores Inc
The role played by factoring in the apparel supply chain came under the spotlight last week with reports suggesting that factoring companies...
US retailers are pulling out all the stops to lure shoppers in-store and online this weekend, kicking off the holiday shopping season by ope...
The following is a general roundup of US apparel and shoe retailers' January 2013 sales results.
Retailers posted mixed December sales results as many were forced to discount heavily to drive sales in the weekend prior to Christmas, in the hope of making up for weaker sales earlier in the month.
The following is a general roundup of US apparel and shoe retailers' December 2012 sales results.
The following is a general roundup of US apparel and shoe retailers' November 2012 sales results.
In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance.
With the holiday season done and dusted, US apparel and footwear retailers are now counting the cost. In the most recent results, New York & Co has narrowed its fourth-quarter outlook despite posting an increase in comparable store sales, while Express has lifted its guidance. Shoe Carnival, Genesco and American Eagle Outfitters all booked increases. However, Bon-Ton Stores and Ascena Retail Group posted declines.
Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black.
First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings.
US department store retailer The Bon-Ton Stores has booked mixed results in its fourth-quarter as sales and earnings grew but gross margin narrowed on increased promotional activity.
US department store retailer The Bon-Ton Stores has lowered its full-year earnings guidance and announced the retirement of chief financial officer Keith Plowman.
US department store retailer The Bon-Ton Stores has lowered its full-year outlook as it posted a wider net loss in its third-quarter.
US department store retailer The Bon-Ton Stores has narrowed its net loss slightly in the second quarter.
US department store retailer The Bon-Ton Stores has appointed former Belk chief merchandising officer, Kathryn Bufano, as its CEO.
US women's wear retailer Christopher & Banks has appointed former National Stores executive, Lynn Derry as its senior vice president, general merchandise manager.
Prolonged adverse weather conditions resulted in a financial performance that came in below expectations for US department store retailer The Bon-Ton Stores in its first-quarter.
The CEO of The Bon-Ton Stores, Brendan Hoffman has announced his decision to step down next year as the US department store retailer revealed a drop in fourth-quarter earnings and sales.
US department store retailer The Bon-Ton Stores plans to open a new e-commerce fulfilment centre in Ohio to support its growing multi-channel operations.
US department store retailer The Bon-Ton Stores has said it could swing to a full-year loss after unfavourable weather weighed on December comparable store sales.
US department store operator The Bon-Ton Stores has narrowed its loss during the third quarter, after lower expenses offset a decline in sales.
US department store operator The Bon-Ton Stores cut its second quarter net loss by nearly US$8m, but saw comparable store sales decline by 6.4% in the period.
Department store retailer Bon-Ton Stores has seen its first-quarter losses narrow, boosted by higher sales and fewer markdowns.
Department store operator Bon-Ton Stores has reported a slight increase in first-quarter sales, despite unfavourable weather conditions and cooler temperatures.
Department store operator Bon-Ton Stores has reported lower fourth quarter profits and a wider full-year loss after it was hit by a number of one-off costs.
US department store operator Bon-Ton Stores has seen its third-quarter net losses narrow after efforts to improve merchandise helped lift sales.
US department store operator Bon-Ton has eliminated the chief operating officer position and dismissed Barbara Schrantz, who currently holds the position.
Department store retailer The Bon-Ton Stores saw its second-quarter net loss widen on the back of one-off costs and a severance charge.
Brand management company Cherokee has appointed Frank Tworecke to its board of directors, replacing Dave Mullen, who has retired.
Department store retailer The Bon-Ton Stores Inc has lowered its outlook for the year after first quarter losses widened after it resorted to "aggressive" markdowns in response to slower sales.
The Bon-Ton Stores, Inc. (BONT) - Financial and Strategic SW
Bon-Ton Stores, Inc. (Bon Ton) is a regional department store operator, in the US. The company offers wide range of products that include fashion apparel and accessories for women, men and children....
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