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Retail ARCHIVE

Net Income Rises at Jos. A. Bank  Dec 19, 2007 4:50 AM By MCM staff

Third-quarter net income for Hampstead, MD-based Jos. A. Bank Clothiers rose 27%, to $7.1 million, compared with $5.5 million for the same period last year, in the third quarter ended Nov. 3. Sales jumped nearly 10%, to $131.3 million, up from $119.5 million in the third quarter of 2006. Direct sales for the menswear cataloger/retailer skyrocketed increased 1.8%, while same-store sales rose 3.1%.

Data Collection at the Point of Sale  Dec 04, 2007 1:49 AM By Denise Hopkins

It

A Lowe’s moment  Dec 01, 2007 10:30 PM By MCM staff

Home improvement retailer Lowe’s certainly started the season on the wrong foot. A holiday catalog the company published last month included the headline

Best deal for FAO Schwarz  Dec 01, 2007 10:30 PM By MCM staff

Upscale toy merchant FAO Schwarz in November acquired Best & Co., a luxury children’s apparel and accessories merchant. Terms of the deal were not disclosed.

Sears Ups the Ante for Restoration Hardware  Nov 28, 2007 2:07 AM By Jim Tierney

The Sears-Restoration Hardware saga took another turn this week. Sears Holdings Corp. announced on Nov. 26 it is prepared to offer $269 million for the home furnishings company.

FAO Schwarz Buys Best & Co.  Nov 14, 2007 4:36 AM By MCM staff

Upscale toy merchant FAO Schwarz has acquired Best & Co., a marketer of luxury children’s apparel and accessories.

Restoration Hardware Merging With Catterton Partners  Nov 08, 2007 8:22 PM By MCM staff

Home furnishings and decor merchant Restoration Hardware today announced a merger agreement with an affiliate of private equity firm Catterton Partners.

Neiman Marcus on the retail cusp  Nov 01, 2007 9:30 PM By Jim Tierney

Neiman Marcus is renowned for its elegant stores and superior service, but it’s never really been considered cutting edge. The upscale cataloger/retailer is addressing the issue with its new Cusp stores designed to appeal to a younger demographic.

Neiman Marcus’ Retail Cusp Concept  Oct 24, 2007 12:58 AM By Jim Tierney

How does a high-end department store retailer go after younger, more fashion-forward customers? If you’re Neiman Marcus, you start opening Cusp stores–trendy, stylish boutiques designed to appeal to women age 21 to 45.

Sweet Home Bergdorf Goodman  Oct 17, 2007 2:11 AM By Jim Tierney

High-end apparel retailer Bergdorf Goodman is delving into decor, launching its first standalone home products catalog.






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