comparable stores

Ralph Lauren, Michael Kors Fall Victim To Wholesale Luxury Blues

UPDATE: Michael Kors will no longer participate in department store promotional sales as of February 2017, according to John Idol, Chairman, CEO and Director…

Stein Mart August Sales Grow 3.8%

Stein Mart, a national women’s and men’s fashion retailer, reported a 3.8% increase in year over year August sales, resulting in $86.5…

Big Lots Reports $17.2 Million Profit, 1.2% Revenue Increase

Closeout retailer Big Lots reported a net profit from continuing operations of $17.21 million in Q2 2014. The retailer increased its year…

Best Buy Experiences 4% Revenue Decline

Best Buy reported a 4% year over year revenue decline, with Q2 2015 sales falling to $8.89 million. Quarterly comparable store sales…

Walmart Lowers Financial Forecast For 2014

Walmart has lowered its 2014 FY forecast, citing “incremental investments in e-Commerce” and higher-than-estimated health care costs. Initially, the retailer predicted that…

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