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February Retail Sales Up
March 1, 2011

The top February same-store sales gains should come from warehouse club operator Costco and Saks, with estimated increases of 7.3 percent and 5.2 percent, respectively. 

Changing Retail Landscape Springs Mobile vs. In-Store Digital Debate
February 24, 2011

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.

Luxury Sector's Success Makes Way for More Deals
February 24, 2011

Wall Street bankers, the ultrawealthy and even upper-middle class shoppers are once again snapping up diamond rings, $10,000 handbags and designer gowns, priming the luxury sector for more deals.

Dillard's Same-Store Sales Climb
February 23, 2011

Dillard's said that its net income grew 38 percent in the fourth quarter as its sales improved and it better controlled expenses and inventory, sending shares up sharply in after-hours trading.

Barnes & Noble Profit Plummets 25%
February 23, 2011

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.

Americans Plan to Both Spend and Save Tax Refund Money
February 23, 2011

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.

Lowe's Sales Strong, But Issues Weak Outlook
February 23, 2011

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.

Office Depot Narrows Loss in Q4
February 23, 2011

Office Depot said that it narrowed its loss in the quarter ended Dec. 25 to $58 million, compared with a loss of $77 million in the year-ago period. Total sales dropped 3 percent to $3 billion.

Macy's Q4 Profit Rises 50%
February 23, 2011

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.

Saks Posts Profit for 4Q
February 23, 2011

Saks returned to profitability in its fiscal fourth quarter as it sold more items at full-price and used fewer promotions. The New York company reported net income of $25 million, or 14 cents per share, for the period ended Jan. 29.

Presidents Day Begins Secondary Sales Season
February 22, 2011

Black Friday is known as the official start of the holiday shopping season. Presidents Day also marks a retail landmark, albeit a less-known one: the start of the secondary sales.

Kmart Launches Plus-Size Collection
February 21, 2011

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. 

Video: Wal-Mart's Need for Speed
February 21, 2011

NASCAR is locking in its biggest ever retail promotion with the world's biggest retailer, with CNBC's Darren Rovell, and Brian Sozzi, Wall Street Strategies.

American Eagle Announces New Line to Help Guatemala
February 21, 2011

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.

Luxottica to Acquire Two Mexican Sunglass Chains
February 21, 2011

Luxottica Group announced it's entered into an agreement in which it will acquire Stanza and High Tech, two sunglass speciality retail chains totaling more than 70 stores in Mexico.

Aldi Opens its First Store in NYC Area
February 21, 2011

Discount grocer Aldi has opened its first-ever New York City-area store in the borough of Queens. The store, which is located in Rego Park, marks the first of three grocery stores the company plans to open in New York, including new locations in the Bronx and Bay Shore, Long Island.

Brown Shoe Buys American Sporting Goods Corp.
February 18, 2011

Brown Shoe Company said it's acquired privately held athletic shoe maker American Sporting Goods Corp. for $145 million. The acquisition broadens the reach of Brown Shoe, which makes Dr. Scholl's, LifeStride, Franco Sarto and other brands and operates Naturalizer and Famous Footwear stores.

Augmented Reality Presents Many Opportunities for Retailers
February 17, 2011

So-called "augmented reality" is the overlaying of digital information onto the real world, and everyone from game designers to retailers to health care companies to estate agents are gearing up to use it. While the potential for such technology to change the world is vast, the biggest challenge for its backers will be to convert this virtual revolution into rock-solid profits. Fortunately, there are countless ways this can be achieved, but not all are immediately obvious.

Abercrombie Nearly Doubles Earnings in Q4
February 17, 2011

Abercrombie & Fitch Co.'s fiscal fourth-quarter net income nearly doubled on strong sales overseas and better U.S. results. The retailer reported net income of $92.6 million, up from $47.5 million a year ago. Revenue for the period ended Jan. 29 rose 23 percent to $1.15 billion, from $936 million.