11/10/2014 - 5:16pm

The outlook for the U.S. retail industry in 2015 is stable, according to a new report by Moody’s Investor Service, which forecasts that retail sales will grow 3- to 4% in 2014,  and 4- to 5% in 2015.

11/10/2014 - 4:41pm

Chinese E-commerce giant Alibaba Group Holdings sold about $2 billion worth of goods on its websites within approximately the first hour of its annual shopping extravaganza. 

11/10/2014 - 4:14pm

Heartland Payment Systems, the nation's fifth largest payments processor and a leading provider of merchant business solutions, has acquired leading foodservice industry enterprise-level POS software provider, XPIENT Solutions.

11/10/2014 - 10:44am

Aaron's announced today that John W. Robinson III, executive VP of Aaron's and CEO of its Progressive Leasing unit, has been named CEO of Aaron's, effective Monday, Nov. 10, 2014.

11/10/2014 - 10:31am
Gen Y consumers, whose annual spending power is estimated at $200 billion, prefer to shop at retailers that offer financing options, according to a new study.
 
11/07/2014 - 11:54am

Gap Inc. reported declining net and same-store sales for the third quarter and October 2014. For the third quarter Gap’s net sales were $3.97 billion, down 2.5% from $3.98 billion for the third quarter the prior year.

11/07/2014 - 11:50am

Abercrombie & Fitch reported net sales of $911.4 million for the third quarter of fiscal 2014, less than Wall Street forecast, down 12% from $1.03 billion in the year-ago period.

11/07/2014 - 11:42am

Net loss at Bebe Stores Inc. increased to $10.8 million in the first quarter of fiscal 2015, up from $7.9 million the same period the prior fiscal year.

11/07/2014 - 11:37am

Net income at Sprouts Farmers Market Inc. soared 79% to $26.1 million in the third quarter of fiscal 2014 from $14.6 million in the same quarter a year earlier.