MCM staff
Financial Reports: Abercrombie & Fitch, Jos. A. Bank, PC Mall, REI, Sharper Image, and Talbots
Net sales at Abercrombie & Fitch rose 13% for the fiscal year ended Feb. 2, while electronic gadgets merchant The Sharper Image reported lower total company sales for its fourth quarter and fiscal year.
January Sales Roundup
If January sales reports are any indication, 2008 is off to a slow start.
Store Closures, Layoffs for Charming Shoppes
A shareholder group for Charming Shoppes a few weeks ago asked for changes at the multichannel plus-size apparel retailer, and it got them
CORRECTION:
In the December issue chart of industry mergers and acquisitions on page 10, we stated that Kellwood Co. was acquired by Sun Capital Partners in September.
Talbots to drop Kids, Mens lines
The Talbots is turning its back on men and children. To better focus on its core women’s apparel business, the company announced Jan. 4 that it will drop
back word
Crappy new year from Shopit Did you get stuck with a clunker of a Christmas gift? Social shopping community site Shopit.com is spending $10,000 on two
Systemax acquires CompUSA
Computers manufacturer/marketer Systemax has entered into an agreement to purchase the CompUSA brand, trademarks, and e-commerce business. The direct