Shares of Nordstrom Inc. (JWN) jumped 11 percent in extended hours on Thursday after the department store chain reported a second-quarter profit that trumped Wall Street estimates and lifted its full-year earnings outlook. Seattle-based Nordstrom's second-quarter profit plunged to 117 million dollar […]

Nordstrom earnings per diluted share were 0.67 for the second quarter ended July 30, 2016, which the company said exceeded its expectations. Total company net sales decreased 0.2 percent and comparable sales decreased 1.2 percent, compared with the same period last year. "Over the past several quarters, […]

Dillard's reported net income for the 13 weeks ended July 30, 2016 of 12.1 million dollars, or 0.35 dollar per share, compared to net income of 29.9 million dollars, or 0.75 dollar per share, for the prior year second quarter. Net sales for the period ended July 30, 2016 were 1.452 billion dollars. […]

Gap has appointed Brian Goldner to serve on the Gap board of directors, effective August 12, 2016. Goldner, 53, is currently Chairman, President and CEO of Hasbro. “Brian’s ability to drive transformative change is impressive, as his leadership has enabled Hasbro to emerge as one of the most profitable […]

Macy's sales in the second quarter of 2016 totaled 5.866 billion dollars, a decrease of 3.9 percent, compared with sales of 6.104 billion dollars in the same period last year. Comparable sales on an owned plus licensed basis were down by 2 percent. On an owned basis, comparable sales declined by 2.6 […]

Chinese e-commerce giant Alibaba saw revenues leap 59 percent year-on-year for the quarter ended in June, it said Thursday, its strongest growth since it listed on the New York Stock Exchange in 2014. Revenue for the company, seen as a proxy for China's increasingly crucial consumer sector, reached […]

Zalando’s first half was marked with strong growth and profitability, which has led to its full-year adjusted EBIT margin guidance to 4-5.5 percent. While the second quarter revenues increased 25 percent to 916 million euros (1,022 million dollars) against 733 million euros (818 million dollars) in […]

The Tom Tailor Group achieved a slight rise in sales in the second quarter of the fiscal year 2016. In the first half, sales increased 2.2 percent to 451.3 million euros (503.9 million dollars). The company said that the growth was driven by the Tom Tailor brand, which posted gains in both the retail […]

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