Holiday shopping season begins
In the money: Retailers pin hopes on Black Friday
The Black Friday shopping bonanza sets a precedent for holiday season sales in the US. But rarely has it been…
US: Dillard’s slumps to US$56m Q3 loss
Falling sales and one-off charges sent department store chain Dillard’s spiralling to a US$56m loss in the third quarter, despite…
US: J Crew lowers outlook as Q3 profit slumps
Retailer J Crew Group Inc has lowered its full-year outlook after markdowns and higher inventory cut into third quarter profit.…
US: Delia’s swings to Q3 profit, to restructure on CCS sale
Fashion retailer Delia’s Inc has swung to a third quarter profit, helped by a tax benefit and higher sales and…
US: American Eagle Q3 profit falls, cuts spending plans
Third quarter profit at American Eagle Outfitters Inc has more than halved on lower same-store sales and higher markdowns, prompting…
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US: DSW cuts FY earnings forecast as Q3 profit dips
Cut-price footwear retailer DSW has reduced its full-year profit forecast after the company’s third quarter profit fell 41% to US$13.2m.…
US: Brown Shoe Q3 profit hit by charges
One-off charges related to headquarters consolidation and IT initiatives more than halved third quarter profits at footwear retail group Brown…
US: Chico’s cuts spending as Q3 profit slumps
Apparel retailer Chico’s has cut capital spending and expenses after reporting a slump in third quarter profit to just US$2m.…
US: Talbots Q3 loss widens, gets committed credit lines
Women’s wear retailer The Talbots Inc has widened its third quarter loss after closing its non-core Talbots Kids, Mens and…
US: Charming Shoppes widens Q3 loss, to begin restructuring
Plus-size women's wear retailer Charming Shoppes is to discontinue its loss-making Lane Bryant Woman catalogue and close around 100 stores in 2010, after widening…