Some of the names on the move ahead of the open.» Read More
*Fourth-qtr adjusted profit $1.34/ share vs est. Feb 26- Teen apparel retailer Abercrombie& Fitch Co said it would lower prices to deal with intense competition, after discounts in the holiday season helped quarterly revenue fall less than expected.
NEW YORK, Feb 10- Aeropostale Inc is considering raising capital from private equity firms as the struggling teen retailer evaluates various ways to shore up both its balance sheet and its share price, four people familiar with the matter said on Monday.
Jan 22- American Eagle Outfitters Inc's said its chief executive of two years, Robert Hanson, would leave the company in a surprising move at a time when U.S. teen apparel retailers are struggling to attract shoppers and boost sales.
Teen apparel retailer American Eagle Outfitters Inc said its chief executive of two years, Robert Hanson, would leave the company.
Analysts say retailers' big challenge will be to figure out a way to attract customers without giving away the store, as many did this holiday.
Wall Street analysts are adjusting their 2014 forecasts for retail, and although they're generally cautious, they do see some positive signs.
WEST NYACK, NEW YORK, Dec 24- Retailers are trying new ways to win over Christmas procrastinators. "There is not a whole lot you can do at the 11th hour, but this is one of the few levers you can pull," said Sucharita Mulpuru, an e-commerce analyst at Forrester Research, about what the industry calls "omni-channel" shopping.
NEW YORK, Dec 24- Retailers are trying new ways to win over Christmas procrastinators. "There is not a whole lot you can do at the 11th hour, but this is one of the few levers you can pull," said Sucharita Mulpuru, an e-commerce analyst at Forrester Research, about what the industry calls "omni-channel" shopping.
According to ShopperTrak, traffic for the week ended Dec. 22 was down 21.2 percent year over year.
ELMHURST, N.Y., Dec 23- U.S. consumers shopped less on the final weekend before Christmas despite deeper discounts, the latest sign of how difficult a season this is turning out to be for retailers. "We expect the next two weeks to pick up a lot of the slack," Topeka Capital Markets analyst Dorothy Lakner wrote in a note.
The 11th-hour moves include a barrage of emails broadcasting drastic promotions, including half-off discounts on all merchandise.
After an earlier controversy, poor sales and stock performance, the once-trendy retailer is offering larger sizes as part of a turnaround effort.
Up 97% year to date, this clothing maker may be the secret behind a well-dressed portfolio.
Struggling retailer Abercrombie & Fitch said it will extend CEO Mike Jeffries' contract, days after a shareholder urged the company to replace him.
Dec 9- Struggling teen apparel retailer Abercrombie& Fitch Co said it will extend Chief Executive Mike Jeffries' contract by at least a year after it expires in February, days after a shareholder urged the company to replace him.
*Sees current-quarter profit $0.26 to $0.30 vs est $0.39. Dec 6- Teen apparel retailer American Eagle Outfitters Inc joined other U.S. retailers in forecasting a weaker-than-expected profit in the current quarter due to intense discounting in the holidays.
Consumers have feasted on discounts this holiday season, but it means thinner profit margins for retailers.
NEW YORK, Dec 6- Consumers have feasted on discounts this holiday season, but it means thinner profit margins for retailers from Wal-Mart Stores Inc to Neiman Marcus, and car makers, a red flag for investors who have ridden a sector rally all year.
U.S. stocks fell on Thursday after data had the economy growing more rapidly than expected.
Kohl's announced on Thursday that it will extend its holiday hours to 24 hours in the days leading up to Christmas.