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US: Target upbeat on Q3 sales and profit gains
Discount retailer Target Corporation says it is optimistic about the upcoming holiday season after higher sales and a gain from the pending sale of its credit-card receivables portfolio boosted its third quarter.
US retail sales weather the storms in October
US retailers have yet to weigh up the full impact of Hurricane Sandy, which hit the US East coast earlier this week between the back-to-school spending rush and the all-important shopping fest that lies ahead.
US: Bebe Stores taps Google's Baum as digital chief
Women's apparel retailer Bebe Stores has hired Ben Baum, the former head of business development at Google, to the newly-created position of chief digital officer.
US: Retailers' October 2012 sales roundup
The following is a general roundup of US apparel and shoe retailers' October 2012 sales results.
Counting the retail cost of Superstorm Sandy
As Hurricane Sandy swept along the US East Coast earlier this week, US retailers were forced to close up to 10% of their stores, according to latest figures. As retailers begin to reopen stores again, analysts are now weighing up the long-term impact of the storm on apparel and footwear sales.
Will political uncertainties weigh on US holiday sales?
US retailers preparing for the upcoming holiday season - the biggest shopping period of the year - are likely to be hit by headwinds including the presidential election and concerns surrounding the economy. But consumer confidence seems to be picking up and forecasts suggest spending will rise, as Katie Smith reports.
US: Target taps Prabal Gurung for designer collection
Discount retailer Target Corp has teamed up with fashion designer Prabal Gurung to launch its next limited-edition clothing collection.
The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.
September retail sales hold up as headwinds gather
A strong end to the back-to-school shopping season contributed to the solid sales results rung up by many US clothing and footwear retailers in September - but economic and political uncertainty continues to hang over holiday forecasts.
US: Retailers' September 2012 sales roundup
The following is a general roundup of US apparel and shoe retailers' September 2012 sales results.
US: Retailers' July 2012 sales roundup
The following is a general roundup of US apparel and shoe retailers' July 2012 sales results.
US: Target and Neiman Marcus team on holiday line
Discounter Target Corp and luxury retailer Neiman Marcus are joining forces for the first time to launch a limited-edition collection of products this holiday season.
Weather forecasts offer brighter outlook for retailers
The wettest April on record in the UK meant last month was a washout for retailers - but contrasts with an unexpectedly warm March that saw shoppers flock to the stores to buy items like summer clothes. With the weather changing every day, forecasting upcoming trends is as important for the apparel and footwear industry as any other. Katie Smith reports.
US apparel retailers see sales soften in April
After the warmer weather and early Easter helped US apparel retailers to higher same-store sales in March, it was perhaps not surprising there would be a slowdown in April.
US: Retailers' April 2012 sales roundup
The following is a general roundup of US apparel and shoe retailers' April 2012 sales results.
US: Retailers' March 2012 sales roundup
The following is a general roundup of US apparel and shoe retailers' March 2012 sales results.
Weather warms US retail sales in February
Warm weather might have weighed on winter sales of coats, boots and other cold climate basics at the start of the season, but spring appears to have sprung early for many US apparel retailers in February.
US: Target to stop selling sandblasted garments
Discount retail giant Target Corporation has joined global brands and retailers including Levi Strauss, H&M, Gucci, Benetton and Esprit in banning the use of sandblasting on all owned-brand and national brand apparel sold in its stores.
US: Target blames "promotional" holiday for Q4 profit fall
Discount retail giant Target Corporation has blamed an "intensely promotional holiday season" for a 5.2% drop in fourth quarter profit, but says sales have since picked up.
CANADA: Target settles trademark dispute with local retailer
Discount department store retailer Target Corporation has settled a dispute over the use of its name and brand in Canada, paving the way for its move into the country next year.
US: Retailers' January 2012 sales roundup
The following is a general roundup of US apparel and shoe retailers' January 2012 sales results.
US: Mulligan named new Target CFO
Retail giant Target Corporation has named John Mulligan as the company’s new CFO, promoting him from his previous position as senior vice president, finance.
November sales a mixed bag for US retailers
US retailers posted a mixed bag of results in November, with earlier opening hours and Black Friday bargains helping to drive consumer traffic over the Thanksgiving weekend for some, but tougher comparisons with the year-ago period and weaker sales during the rest of the month weighing on others.
US: Retailers' November 2011 sales roundup
The following is a general roundup of US apparel and shoe retailers' November 2011 sales results.
US: Target reports 3.7% rise in Q3 net earnings
Target reported a jump in third-quarter earnings yesterday (16 November) as the general merchandise retailer saw a "strong" performance in its US retail and credit-card segments.
US retail sales cool in October
Growth in US same-store sales appeared to cool in October as weather and economic malaise weighed on retailers, putting extra pressure on businesses as they transition into the crucial holiday season.
US: Retailers' October 2011 sales roundup
The following is a general roundup of US apparel and shoe retailers' October 2011 sales results.
US: Target's online president departs
The head of Target Corp's online business has left the company, the US discount retailer said yesterday (13 October).
US: Marketing posts to help Cherokee brand building
Two former marketing executives from Target and Coach are joining fashion brand owner Cherokee Inc to help build the firms group of brands and boost its global growth.
CANADA: Target to open up to 135 stores from 2013
Ahead of its move into Canada, value retailer Target Corporation has finalised the number of leases it is taking over for stores operated by discount chain Zellers, a subsidiary of Hudson's Bay Co, and now says it will open between 125 to 135 stores in 2013.
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