(Reuters) - Chico's FAS Inc <CHS.N> is wooing shoppers with new styles and designs, allowing the women's apparel retailer to sell more of its merchandise at full price and cut back on promotions that are crimping profits at rivals.
(Reuters) - Women's apparel retailer Chico's FAS Inc <CHS.N> reported a rise in quarterly profit that surpassed Wall Street expectations as it continued to benefit from strong demand for its brands.
While many retail stores are working hard to lure holiday shoppers in the midst of bad economic times, a long-ignored corner of the market is on track to keep spirits high.
April housing starts, at 717,000, hit their highest level since October 2008. But don't kid yourself: the market is still on notice. Any headline could reverse things...quickly, says CNBC's Bob Pisani.... Read More