Despite Earlier Promotions, Few to Start Shopping Before Thanksgiving

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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Stage Stores Q3 Worse Than Expected, Hurt By Oil, Peso Slump

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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Bollman Hat to Bring Kangol 504 Hat Production from China to US

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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Saks Unveils Plans for Its First Two Stores in Toronto

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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Buckle Q3 Profit, Income Fall as Foot Traffic Drops

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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