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7 Ways American Malls Are Dodging A Demographic Bullet
Monday, June 12, 2017 - 6:55am | 1382Read More...Mallrats are a dying breed, and the smart-mouth punks back then are now known as millennials — those unabashed young adults who helped bring down their tribal hangout by blithely moving their culture, along with retail, online. Media have written way too many obits about the death of the mall...
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Rough Day For Retail: Ralph Lauren's CEO Steps Down, Macy's Board A Mess
Thursday, February 2, 2017 - 11:01am | 343Read More...The retail sector is already off to a rough start in 2017 but the latest developments likely signals the industry's woes will continue. Ralph Lauren Ralph Lauren Corp (NYSE: RL) were trading lower by more than 6 percent ahead of Thursday's market open after the company reported its fiscal third-...
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Brain Sozzi Saw 3 Retailers Making Deep Discounts On Super Saturday
Monday, December 22, 2014 - 5:21pm | 363Read More...Analyst Brian Sozzi commented on Monday that "Based on a walk-through of close to 30 stores in the New York area over the weekend, some of the companies that should be most concerned are" Coach Inc (NYSE: COH), Mattel, Inc. (NASDAQ: MAT) and Abercrombie & Fitch...
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Macy's Faces Another Discrimination Lawsuit
Monday, December 23, 2013 - 2:53pm | 486Read More...In a discrimination lawsuit filed Friday, an African-American shopper said Macy’s (NYSE: M) security personnel stopped him after he bought a $2,400 Louis Vuitton bag and an alarm went off as he tried to exit the store. According to club promoter, Halim Sharif, he was detained and his bag...
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Saks Gains Buying Power Via Sale To Hudson's Bay (SKS)
Tuesday, July 30, 2013 - 9:39am | 589Read More...Long time luxury retailer, Saks (NYSE: SKS) is being sold to Toronto-based Hudson’s Bay, parent company of Lord & Taylor, for $2.4 billion, according to Forbes. The fact that Saks was for sale was no surprise. Saks hired Goldman Sachs (NYSE: GS) back in May to help it seek out sales or...
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The Bon-Ton Stores Soars After Turnaround Strategy Announced
Wednesday, September 5, 2012 - 3:29pm | 230Read More...Shares of small-cap stock The Bon-Ton Stores (NASDAQ: BONT) are soaring on Wednesday after the company's CEO outlined a turnaround strategy for the struggling department store operator. Heading into the last hour of trade, BONT had risen around 30 percent to $12.50. Brendan Hoffman, formerly of...






