American Eagle Outfitters reported a surprise rise in comparable sales for the second straight quarter and posted better-than-expected quarterly sales and profit helped by strong demand for its Aerie line of lingerie.
Hudson's Bay will open its first store in the Netherlands on September 5 instead of September 19 as originally planned. The range will be younger and more fashion forward than that of its sister retailer Galeria Kaufhof.
After closing 19 stores last year, Kohl's has announced plans to open four more small format stores and add a fifth ecommerce fulfillment center in an effort to find relevance in the modern changing retail landscape.
Target has been struggling to keep up with fast fashion competitors. It is dumping Mossimo and Merona and introducing new private label brands this fall across multiple categories, including its women's A New Day brand.
A settlement with the largest US mall operator to limit the dominance of a premium outlet center near NY could lead to more factory outlets in the metropolitan area, New York state's attorney general said on Monday.