REPORTNet income for Foot Locker’s first quarter ended April 30, 2016 was 191 million dollars, compared with net income of 184 million dollars in the same period of 2015. Earnings were 1.39 dollars per share, a 7.8 percent increase from the 1.29 dollars per share earned in the comparable period last […]

Chief Executive Officer Steve Rowe it set to present his recovery plan for Marks & Spencer next week, a plan which is said to hit the flagging high street retailers where it hurts - its short-term profits. During the company shareholders meeting on May 25, Rowe will lay out his new strategy for the […]

British department store group House of Fraser has announced plans for the development of a new 750,000 square foot distribution hub on the edge of Peterborough to support the ongoing growth of its e-commerce business. If all plans go through, the new hub is expected to create between 500 and 1,000 […]

REPORTNew York & Company’s first quarter net sales were 216 million dollars, as compared to 223.4 million dollars in the prior year. Comparable store sales decreased 2.3 percent and total net sales decreased by 3.3 percent, reflecting the operation of 488 stores this year, as compared to 504 in the […]

REPORTRoss Stores earnings per share for the 13 weeks ended April 30, 2016 were 0.73 dollar, a 6 percent gain on top of a 19 percent increase in the prior year period. Net earnings for the 2016 first quarter were 291 million dollars, up from 282 million dollars last year. Sales increased 5 percent to […]

REPORTShoe Carnival reported net sales of 260.5 million dollars for the first quarter of fiscal 2016, a 3 percent increase compared to net sales of 252.8 million dollars for the first quarter of fiscal 2015. Comparable store sales increased 2.7 percent during the quarter. “We are pleased with our start […]

REPORTThe Cato Corporation reported net income of 35.9 million dollars or 1.29 dollars per diluted share for the first quarter ended April 30, 2016, compared to 31.1 million dollars or 1.11 dollars per diluted share for the first quarter ended May 2, 2015. Net income increased 15 percent and earnings […]

REPORTThe Bon-Ton Stores comparable store sales decreased 2.9 percent compared with the prior year period first quarter. Adjusted EBITDA was 1.3 million dollars compared with 4.1 million dollars, same quarter of fiscal 2015. The company has revised its earnings guidance for the full year fiscal 2016. […]

American Eagle Outfitters has named Kyle Andrew as EVP, Chief Marketing Officer, reporting to Chief Executive Officer, Jay Schottenstein, effective, June 6, 2016. “Kyle brings creative talent, brand vision and a proven track record leading comprehensive global marketing efforts across multiple channels. […]

REPORTAmerican Eagle Outfitters reported EPS of 0.22 dollar for the first quarter ended April 30, 2016, a 47 percent increase from EPS of 0.15 dollar for the comparable quarter last year. Total net revenue increased 7 percent to 749 million dollars from 700 million dollars last year. Commenting on the […]