Fast-fashion competitors like H&M and Forever 21 and teens more interested in technology than clothing make these challenging times for Abercrombie & Fitch, whose second quarter revenue fell 5.8% to $890.6 million, missing Wall Street projections.

 

In what should mark the end of a six-week standoff that began July 18, Arthur T. Demoulas, who was fired by his cousin Arthur S. Demoulas as CEO of the Market Basket supermarket chain in June, has agreed to buy the company for $1.5 billion.

 

Dollar General Corp. reported earnings of $251.3 million for the second quarter, in line with expectations, even as its sales decelerated.

 

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Industry Analysis

Asia is the New Land of Opportunity for U.S. Retailers

By Michael Hirschfeld, senior VP of JLL’s National Retail Tenant Services

Will Asian shoppers buy into the classic all-American look? Mid-level, U.S.-based casual apparel brands are hedging their bets that “preppy” rugby polos and chic velour track suits will entice Asia’s rapidly growing middle class to buy U.S. goods. Read More.

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Store of the Week

H&M, New York

H&M's new 57,000-sq.-ft. flagship on Fifth Avenue is the fast-fashion retailer's largest store in the world, and also its most upscale. More...

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Hot Concepts

Five Cool Stores for a Hot Summer

The summer has brought with it a flurry of new store openings, from both established players and emerging online-offline stars. Check out the five below … and don’t miss the bonus at the end! Read More

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In This Issue

SPECIAL SECTION: What the Retail CFO Needs to Know
07/01/2014
SPECIAL SECTION: What the Retail CFO Needs to Know
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