Fresh off a big win at the Oscars, Liberty Media booked higher revenues in its QVC and Starz businesses during the fourth-quarter, led by stronger e-commerce sales and improved across-the-board demand.
Retail giants, non-governmental organizations, academic experts, and the Environmental Protection Agency are banding together to reduce the social and environmental impacts of apparel and footwear products sold worldwide.
PetSmart's fourth-quarter net income rose 20 percent, helped by more customer transactions and a strong holiday season. The pet-supply chain's net income rose to $90.3 million, or 77 cents per share, from $75 million, or 61 cents per share, in the same period last year.
As use of digital signage increases, the price of equipment comes down, consumers become more mobile savvy, and digital and mobile begin to integrate through proximity technology, it becomes increasingly important for retailers to consider these new forms of communication.
Barnes & Noble reported that net income for the quarter ended Jan. 29 decreased 24.7 percent to $60.6 million, from $80.4 million a year earlier. Although the chain returned to profitability after three straight quarters in the red, its increase in revenue was lower than expected.
According to the National Retail Federation's 2011 Tax Returns Consumer Intentions and Actions Survey, 13.2 percent of Americans will spend their refund on a big-ticket item. But with the economy also serving as a reminder that it’s best to be financially prepared for the worst, more people will also put their refunds away for a rainy day.
Cabela's use of analytics tools that measure how quickly its salespeople engaged customers led to staffing increases — and higher sales — in its shoe and gun departments in Q4.
Lowe's gave a lackluster outlook for the current quarter despite strong fourth-quarter results, and its shares fell. The company, which recently laid off about 1,700 middle managers, expects first-quarter earnings of 34 cents to 38 cents a share, while analysts were expecting 38 cents a share.
Macy’s reported that net income jumped 50 percent in the fourth quarter ended Jan. 29, and projected its full-year profit would meet Wall Street expectations. After a strong holiday season, the retailer earned $667 million in the fourth quarter, compared with $445 million in the year-ago period.
Kmart will debut LYS — Love Your Style, Love Your Size — this month, a new and exclusive plus-size apparel line. The collection features trend-forward separates designed to flatter plus-size women of all shapes and sizes.
American Eagle Outfitters announced a campaign in partnership with FEED Projects to launch a new line available online and at its stores that will benefit the U.S. Fund for UNICEF. American Eagle is now offering FEED Guatemala bags in more than 400 of its stores across the country.