Driven by reduced markdowns, American Eagle Outfitters posted a 200 basis points from a year earlier quarter hike in gross profit margins for the third quarter ended November 1, 2014. Gross profit increased 6 per cent year on year to $315 ...
Tags: buying, occupancy, warehousing deleverage, Apparel
For the third consecutive year, Omni United continued its Mobilizing Hope campaign and corporate alliance program to support The Breast Cancer Research Foundation (BCRF). For every Omni United Radar brand tire sold between April 2013 and ...
Sales grew by just 1.5 per cent in the thirteen weeks to November 1, 2004 period from a year ago quarter, at NYSE listed and omni-channel retailer of women's clothing, Chico's FAS. For the third quarter of 2014, Chico’s reported net ...
Tags: omni-channel retailer, net sales, Apparel
Fanzz, one of the largest licensed sports apparel and merchandise providers in the Western United States, has chosen Microsoft Dynamics AX 2012 for retail, by Junction Solutions, a leading provider of vertical market-specific on-premise and ...
Tags: Microsoft Dynamics AX, retail POS, Textile
Flipkart, one of the leading online shopping destinations in India, has entered into a strategic partnership with Euronet India, a global leader in secure electronic transaction processing and payment solutions, to offer Flipkart’s ...
The American multinational clothing and accessories retailer Gap Inc. is set to open its first-ever Old Navy outlet in Shenzhen, a city located in the south of Southern China’s Guangdong Province, on November 8, 2014. In a bid to ...
Tags: clothing retailer, omni-channel, Apparel
360pi, one of the leading price intelligence providers for retailers and brands, has join hands with JDA Software, one of the top providers of end-to-end, integrated retail, and supply chain planning and execution solutions, to deliver ...
Tags: Online Retail Pricing Solution, zone-based pricing intelligence, Textile
New research has highlighted a growing gap between consumers’ expectations and retailers’ capabilities when it comes to delivering great shopping, resulting in consumers preferring to shop with retailers that are ...
To G.S. Sareen, CEO of Omni United (S) Pte. Ltd., tires don’t have to be a commodity. He wants to turn buying tires into a lifestyle purchase. To that end, he has partnered with Timberland LLC to introduce the Radar Timberland line ...
Tags: 2014 SEMA Show, Timberland, Tire
Luminus Devices Inc of Billerica, MA, USA, which makes PhlatLight (photonic lattice) LEDs for solid-state lighting (SSL) applications, has launched the XNOVA Cube, a 1 watt SMD LED with a 170° viewing angle, which provides designers ...
Tags: Luminus Devices, LEDs
This week produced a mixed picture for trade for John Lewis, with the overall outcome a sales increase on last year of 6.3%. Although the continuing unseasonable warm weather had an impact, online sales were strong at 25.9% up on last year, ...
Tags: Furniture, John Lewis, Furnishing
Cabela's Inc. reported total revenue increased 4.1 percent in the third quarter, to $886.0 million. Retail store revenue increased 8.7 percent to $598.7 million; Direct revenue decreased 11.7 percent to $175.3 million; and Financial ...
Tags: Cabela's Inc, Sporting Goods
Apparel retailer Gap Inc. named Art Peck, who currently oversees Growth, Innovation and Digital division as its next CEO, effective from February 1, 2015 and succeeds Glenn Murphy. Murphy and Peck worked side-by-side and dramatically ...
Tags: Gap, Art Peck, Accessories
While the U.S. e-commerce market across the board continues to grow faster than brick-and-mortar retailing, the biggest players in e-commerce are growing at a significantly faster rate than their smaller counterparts as they are able to ...
Tags: e-commerce market, Sporting Goods
Inditex, one of the leading global fashion retailers, has installed the Radio Frequency Identification (RFID) technology at its distribution centers, by Checkpoint Systems, a global supplier of merchandise availability solutions for the ...