Weekly Retail News Recap August 14, 2010

Weekly Retail Recap

WEEKLY RETAIL RECAP

 

  • Gap to expand e-commerce reach on global basis
    Gap said Thursday that it has upped international shipping offerings on its e-commerce site to 55 countries, including Australia, Brazil and Mexico, and by year-end will make online shopping available in up to 65 countries.
    Read More
  • Cache profit edges up in Q2
    Specialty women’s apparel retailer Cache reported Thursday that profit for the quarter ended July 3 edged up to $897,000, compared with $845,000 in the year-ago period.
    Read More
  • Arden Group’s net income slips in Q2
    Arden Group, parent of Southern California supermarket chain Gelson’s Markets, reported Wednesday that it earned $4 million in the second quarter ended July 3, compared with earnings of $4.7 million in the year-ago period.
    Read More
  • J.C. Penney headquarters is LEED Gold
    J.C. Penney Co.’s corporate headquarters in Plano, Texas, has been awarded LEED (Leadership in Energy and Environmental Design) Gold certification by the U.S. Green Building Council.
    Read More
  • GNC Q2 profit leaps 42.5%
    General Nutrition Centers reported Tuesday that net income for the second quarter ended June 30 was $25.6 million, compared with net income of $18 million for the year-ago period.
    Read More
  • Fossil Q2 profit more than triples
    Fossil said Tuesday its second-quarter profit more than tripled, smashing analysts’ expectations, as the watch and fashion-accessories retailer posted record results on big sales gains.
    Read More
  • Santa Monica Place opens
    Macerich, one of the nation’s leading owners, operators and developers of regional shopping centers, on Friday opened the new Santa Monica Place, 524,000-sq.-ft., three-level, open-air retail and dining destination that is located just two blocks from the beach.
    Read More
  • Big 5 Sporting Goods Q2 earnings flat
    Big 5 Sporting Goods Corp. reported second-quarter sales and earnings growth roughly flat with the year-ago period, as a sluggish economy and unseasonably cool weather in many of the its markets curbed shoppers’ spending.
    Read More
Advertisements
Explore posts in the same categories: US Economy

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: