Despite falling net income, Lumber Liquidators Inc. plans to open 30-35 new stores and remodel 15-20 stores, all in an expanded showroom format, during fiscal 2015.
Staples Inc. has launched the “Staples Business Loans powered by Lendio” service to provide access to capital for small business owners.
Macy's fourth quarter net income fell to $793 million from $811 million a year earlier, topping analysts expectations.
Retailers looking forward to consumers receiving their tax refund checks this year may be setting themselves up for disappointment.
Bergdorf Goodman has partnered with Borderfree, a provider of international cross-border e-commerce solutions, to open its website and sell to international shoppers with BFX, Borderfree’s new global e-commerce platform for retailers.
Office Depot Inc. is seeing some fiscal benefits from its November 2013 merger with OfficeMax.
Vitamin Shoppe Inc. expects to open about 60 new stores during fiscal 2015.
Expense from a pension settlement and higher selling, general and administrative (SG&A) costs drove Havertys into the red for the fourth quarter of fiscal 2014.
Atlanta-based The Home Depot reported a strong fourth quarter performance, with sales up 8.3% to $19.2 billion, and fourth quarter net earnings up 36.1% to $1.38 billion.
Frederick’s of Hollywood is reportedly closing at least 31 of its 93 stores as part of a broader re-engineering effort.