When J.C. Penney Co. announced this month that it would shut 40 US stores, At Home Group Inc. saw an opening. Executives at the retail chain called J.C. Penney within a few hours to express interest in buying some of them.
Buyout firms can find no cheaper personal- goods company than Avon Products Inc. Whether it’s cheap for a reason is another issue.
The luxury goods company is basking in some media buzz after Michelle Obama wore a gray skirt suit from the designer’s 2013 collection to the State of the Union address.
While growth in Internet retailing has outpaced store-based sales gains in recent years, the mall is starting to reclaim some ground, data from researcher Euromonitor show.
Department-store operator J.C. Penney Co Inc is bringing back its hefty print catalog five years after ditching it to focus on the web.
Tiffany & Co.’s plunging shares are bringing a takeover of the $11 billion luxury jewellery chain back into the realm of possibilities.
Etsy Inc., the global marketplace for handmade and vintage goods is planning an initial public offering that could take place as soon as this quarter.
Tiffany & Co. couldn’t persuade enough customers to put a little blue box under the tree this holiday season. After a sluggish November and December — when sales fell 1 percent — the luxury jewelry chain cut its annual forecast today.
Lululemon Athletica Inc., the maker of yoga- inspired clothing, gained as much as 9.4 percent in early trading after strong holiday sales prompted the company to raise its fourth-quarter forecast.
Tiffany & Co., the world’s second-largest luxury jewellery retailer, reported a 1 percent decline in total holiday sales and lowered its annual forecast, amid continued weakness in Japan.
Department store operator Macy’s Inc said it would close 14 stores in early spring 2015 and cut some jobs to focus on its popular services such as in-store pickups for online orders and “ship-from-store.”
Teen apparel retailers American Eagle Outfitters Inc. and Aeropostale Inc. raised their estimates for the holiday shopping quarter as margins improved due to fewer discounts.