U.S. meteorologists expect a natural horror show of high wind, heavy rain, extreme tides and maybe snow to the west beginning early Sunday, peaking with the arrival of Hurricane Sandy on Tuesday and lingering past Halloween on Wednesday.
The storm has a 70 percent chance of smacking the Northeast and mid-Atlantic next week with gale-force winds, flooding, heavy rain and maybe even snow, forecasters said adding, it has all the earmarks of a billion-dollar storm.
*Now sees FY rev $3.79- $3.82 billion vs prior $3.8- $3.9 bln. Oct 24- Jones Group Inc, the apparel company behind such brands as Nine West and Jones New York, lowered its full-year sales forecast on Wednesday, saying it expects shoppers to continue to demand bargains during the holiday season.
Oct 24- Jones Group Inc, the fashion company behind such brands as Nine West and Jones New York, reported a higher quarterly profit before special items, helped by a rise in sales to U.S. department stores that helped it overcome a steep drop in business at its own stores in the United States. Sales of shoes to chains such as Macy's Inc rose 10.1 percent.
The “Fast Money” pros saw glimmers of opportunity Tuesday as DuPont and Apple led stocks lower.
While there’s been an explosion of apps and websites bringing retail online, the latest wave of innovation is focused on bringing mobile technology into brick-and-mortar retailers.
From elves to vampires and reindeer wranglers, here's a look at some of the season's odder jobs. Wait, you want me to do what?!
MACY'S MILLENNIALS: Macy's will add 13 new brands and expand 10 labels it believes will resonate with shoppers between 13 and 30 years old. THE DETAILS: The roster includes an exclusive Marilyn Monroe fashion collection and a men's T-shirt line from an upstart called Fatal Clothing, which specializes in tattoo-influenced designs.
NEW YORK-- Macy's is firing its first salvo at the millennials. In March, Macy's restructured its merchandise team to focus on those shoppers and plans to make other major changes in the next three years to further rope them in.
NEW YORK-- It's a shopper's nightmare: Buying something, then seeing it cheaper at another store. I have been using Amazon.com Inc.' s price-checking app for about a year now and have always found the prices on the app lower than at a store. But I've never tried other popular apps by Google Inc. and eBay Inc..
The world's largest specialty toy retailer said it would ship to more than 60 countries in north, south and central America, Asia and Europe. The firm said on Wednesday it will open toy departments in 24 Macy's stores this holiday season.
Industries across the board are embracing the idea of collecting and analyzing data to predict future outcomes as a way to enhance product quality and gain a competitive edge.
Oct 10- Toys R Us Inc said it will open toy departments in 24 Macy's Inc stores this holiday season as the world's largest specialty toy retailer looks to reach more shoppers in the biggest selling season of the year.
Oct 9- Levi Strauss& Co reported lower quarterly revenue and profit, as economies in Europe and Asia slowed and the company phased out its Denizen brand in Asia. Overall, net revenue for the three months ended August 26 fell 8.6 percent to $1.1 billion, while net income at the privately held clothes maker slipped to $28 million from $32 million a year earlier.
U.S. ports are expected to handle 1.45 million 20- foot Equivalent Units in October, up 9.9 percent from the year-earlier period, according to the monthly Global Port Tracker report by the National Retail Federation and Hackett Associates.
Higher-end retailers like Bloomingdales's, Saks Fifth Avenue and Nordstrom are also dangling bonus dollars in front of their customers and tying them to store credit cards, according to Mary Delk, director in the retail practice of the consultancy Deloitte LLP in Charlotte, North Carolina.
NEW YORK-- Summary of revenue at stores open at least a year in September for department store chains, with percentage increase or decrease over the same month last year. These figures are a key indicator of a retailer's health because they exclude revenue at newly opened stores. Bon-Ton Stores Inc. 0.6 pct.
Higher-end retailers like Bloomingdale's, Saks Fifth Avenue and Nordstrom are also dangling bonus dollars in front of their customers and tying them to store credit cards, says Mary Delk, director in the retail practice of the consultancy Deloitte LLP in Charlotte, North Carolina.
NEW YORK-- SEPTEMBER SALES: A tally of 22 major retailers, including Target Corp. and Macy's Inc., showed that September sales rose 3.9 percent compared with a year ago. That's slower than the 6 percent rise in August. BEHIND THE NUMBERS: But shoppers are still spending.
NEW YORK-- Sears Holdings Corp. said that its hiring of seasonal workers for the crucial winter holidays will be unchanged from a year ago.