Chicago—In its annual shopping survey of 1,919 U.S. Consumers, A.T. Kearney said today that despite holiday promotions starting earlier and earlier, only 21% of the survey respondents plan to begin their holiday shopping before Thanksgiving. The survey also showed that two-thirds of shoppers plan to use more than one channel during the holiday season with […]

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Houston—Stung by fallout from the weak oil and gas markets, Stage Stores Inc. reported today worse-than-expected third quarter results. For the three months ended Oct. 31, the parent to Peebles, Bealls, Goody’s etc. posted a loss of $10.2 million, or 32 cents a share, down from a loss of $5.3 million, or 17 cents a […]

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Adamstown, PA—A founding member of American Made Matters—a community of US makers with a focus on bringing attention to the importance of making and buying American products—is once again putting its money where its Made in USA mouth is. Its Kangol headwear brand—worn by some of the world’s top celebrities including Brad Pitt, Bill Murray, […]

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New York and Toronto—Saks Fifth Avenue revealed Wednesday new details about its previously announced opening of two full-line Saks Fifth Avenue stores in Toronto. The 163,000 square-foot location in the Eaton Centre at Queen Street is expected to open on February 18, 2016. Just a week later, the 150,000 square-foot Sherway Gardens location is anticipated […]

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Kearney, NE—Buckle Inc. said today that its third quarter sales fell 4.1% and profit failed to meet expectations as foot traffic dwindled at the teen retailer. For the three months ended Oct. 31, Buckle posted a profit of $35.9 million, or 74 cents a share, down from $40.6 million, or 84 cents a share, during […]

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Minneapolis—Target today delivered third quarter earnings that met expectations while its comp store increase beat expectations. But disappointing many on Wall Street was a slowdown in its online sales. Target posted third-quarter earnings of 86 cents a share, up from 54 cents a share in the year-earlier period. That was in line with analysts’ forecasts. […]

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Toronto–Hudson’s Bay Company said today it has sold some $533 million of its equity in HBS Global Properties, HBC’s real estate joint venture with Simon Property Group, to three third party investors. Proceeds from the equity sale, together with cash on hand, will be used to reduce HBC’s debt $1.08 billion to $500 million. HBC […]

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New York—Charmed & Chain, the etailer specializing in women’s designer fashion jewelry, launched today its first in-house collection, Mined, a “fashion fine jewelry line” consisting of 14K diamond jewelry. The move marks a major evolution in the e-commerce site that Haskell Jewels purchased 50% of in August. Founder Ali Galgano launched Charm & Chain when […]

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Washington—While gift cards remain the most requested holiday gift, they seem to have fallen off consumers’ shopping lists this year. Torn between the love of a great deal and settling for a gift card, the latest National Retail Federation’s Gift Card Spending Survey found that those planning to buy gift cards will spend slightly less […]

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Vancouver—Shoes.com recently announced the acquisition of lifestyle accessories brand, Richer Poorer, for an undisclosed amount. “Richer Poorer has built a culture founded on hard work and hustle, and a brand that resonates with the Shoes.com customer,” said Roger Hardy, co-founder/ceo of Shoes.com. “Not only is this acquisition a natural extension of our business but it […]

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