Ann Inc


  • April 13- New York's attorney general has sent letters to 13 national retailers, including Gap Inc, Target Corp and JC Penney Co Inc, about "on-call shifts" in which workers are told whether to report to work a day or less before a scheduled shift. A number of companies with stores in New York are requiring employees to check in by telephone, text message or email before...

  • April 13- New York's attorney general has questioned 13 national retailers, including Gap Inc, Target Corp and JC Penney, about "on-call shifts," a staffing practice that requires workers to find out just hours before their shift whether or not they need to report to work. Letters were also sent to Abercrombie& Fitch, J. Crew, L Brands Inc, Burlington Coat Factory, TJX Cos,...

  • April 13- New York Attorney General Eric Schneiderman has written to 13 retailers, including Gap Inc and Target Corp, questioning them about "on-call shifts," a staffing practice under which workers find out just hours before their shift whether or not they need to go in to work. Practices such as on-call scheduling may violate a New York law, according to the letter.

  • After port crisis, retailers want to buy American Wednesday, 4 Mar 2015 | 2:00 PM ET
    Ships gather off the ports of Los Angeles and Long Beach, California.

    According to a new study, 43 percent of retail CFOs said North America provides the most attractive sourcing opportunities for 2015.

  • March 4- Private equity firms Bain Capital LLC and Golden Gate Capital Corp are competing to acquire Ann Inc, the struggling U.S. women's retailer and owner of the Ann Taylor brand, according to people familiar with the matter. The negotiations with the buyout firms make Ann, which has a market capitalization of $1.6 billion, the latest retailer to seek a leveraged...

  • Why port dispute may spark more 'made in America' Wednesday, 18 Feb 2015 | 5:07 PM ET
    Port fight, retail bite

    A retail expert says that retailers will start planning ahead for similar scenarios by crafting contingency plans.

  • Make money off your selfies with this new app Tuesday, 10 Feb 2015 | 1:26 PM ET
    Stylinity app

    Stylinity users earn rewards points for uploading images to the app, or for shopping another user's look.

  • Time to get serious? Retail's $7 billion problem Monday, 9 Feb 2015 | 12:58 PM ET
    Ships gather off the ports of Los Angeles and Long Beach, California.

    Congestion at West Coast ports could cost retailers as much as $7 billion this year, according to a new analysis. But could tally even higher.

  • Where to find the best deals for the new year Wednesday, 31 Dec 2014 | 1:01 PM ET
    People shop during day-after Christmas sales at Citadel Outlets in Los Angeles, California December 26, 2014.

    With the new year comes a slew of new deals, as retailers try to capture late-in-the-season sales.

  • VANCOUVER, Dec 16- The gridlock at U.S. West Coast ports that has forced McDonald's to ration French fries at its Japanese restaurants and interrupted supplies to retailers such as Lululemon is unlikely to be alleviated by routing cargoes through Canada, whose Pacific ports face their own problems. Tensions are mounting as talks to resolve longstanding...

  • Stop blaming store size for weak results: DDR CEO Sunday, 14 Dec 2014 | 3:00 PM ET
    A sign outside the Sears store at the Laguna Hills Mall, Laguna Hills, Calif.

    DDR CEO Dan Hurwitz said too much blame gets put on what the store looks like, when often it's what's inside that's the problem.

  • West Coast port traffic jam: 3 investor takeaways Monday, 8 Dec 2014 | 12:49 PM ET
    Workers at the Port of Los Angeles

    Fallout from ongoing port congestion on the West Coast has implications for retailers, manufacturers, railroads and truck lines ... and their investors.

  • "It's starting to sink into people's psyches that the drop in oil prices is real," said Robert Stimpson, a co-portfolio manager of the White Oak Select Growth Fund. Stimpson added retailers Ann Taylor parent Ann Inc and Guess? Phil Orlando, chief equity market strategist at Federated Investors Inc has been adding consumer companies such as Alaska Air Group Inc...

  • BUSINESS-NEWS-SCHEDULE AT 1600 GMT /10.30 AM ET Monday, 1 Dec 2014 | 10:43 AM ET

    Asia, Europe, U.S. factory activity slows despite price cuts. LONDON/ SYDNEY/ NEW YORK- Manufacturing growth across Asia, Europe and the U.S. slowed in November as heavy price cutting failed to revive demand, surveys shows, more evidence that a feeble global recovery may be grinding to a halt. LONDON- Oil prices hit five-year lows as slowing factory activity in China...

  • Could the West Coast port strike cancel Christmas? Saturday, 22 Nov 2014 | 7:00 AM ET
    Workers at the Port of Los Angeles

    One retailer's worries show how the ongoing West Coast dock labor troubles are affecting the outlook for sales.

  • Ann Inc beats 3Q profit forecasts Friday, 21 Nov 2014 | 8:28 AM ET
    An Ann Taylor store on Fifth Avenue in New York.

    Ann Inc. on Friday reported fiscal third-quarter profit of $29.9 million.

  • Dow, S&P close at records; Intel up 4% Thursday, 20 Nov 2014 | 4:00 PM ET
    Traders on the floor of the New York Stock Exchange.

    U.S. stocks closed at highs after encouraging domestic data alleviated concerns over continued signs of slowing growth in Europe and China.

  • Surge is over, but this is what's next for stocks Friday, 14 Nov 2014 | 6:56 PM ET
    Traders on the floor of the New York Stock Exchange.

    Stocks could keep up their slow march higher in the coming week as energy and the consumer remain top themes for the economy and markets.

  • Holidays to separate retail winners from losers Friday, 7 Nov 2014 | 2:01 PM ET
    Shoppers browse sale merchandise at a Sears store in Peoria, Illinois.

    Welcome to holiday 2014, which is shaping up to be a season that separates the strong from the weak.

  • Nov 7- Abercrombie& Fitch Co estimated quarterly profit and sales below analysts' expectations as fewer visitors to malls hurt traffic to its stores, at a time the company is struggling to shed its image of being a logo-centric apparel retailer. Shares of the company, which sells teen apparel under brands such as Abercrombie& Fitch and Hollister, fell as much as...