07/05/2012 - 5:01pm

Ascena Retail Group CEO David Jaffe has pledged to preserve the jobs of 7,500 employees at soon-to-be-shuttered Fashion Bug stores, as well as 600 workers at the headquarters of Charming Shoppes, according to an article in the Philadelphia Inquirer.

07/05/2012 - 4:59pm

High-end grocer The Fresh Market is making a stand in California, as it prepares to open its first three stores in the state.

07/05/2012 - 4:57pm

The Kronos Retail Labor Index edged up to 4.2% in June from a reading of 4.1% in May.

07/05/2012 - 4:53pm

A report issued by the Labor Department showed that applications for jobless benefits fell 14,000 in the week ended June 30, to 374,000.

07/05/2012 - 4:52pm

Sears Canada will deploy CloudApps’ sustainability performance management software across the chain’s 122 department stores, 48 home stores and 11 outlet locations.

07/05/2012 - 11:11am

As discounters such as Target, Stein Mart and warehouse club operator Costco posted disappointing same-store sales results in June, TJX Cos. and Ross Stores shone with gains that surpassed Wall Street estimates.

07/05/2012 - 11:05am

Christopher & Banks Corp. said it had received a takeover offer from private equity firm Aria Partners.

07/05/2012 - 11:04am

Analysts expected 18 top retail chains to report a modest gains in June, as high unemployment and falling consumer confidence have taken a toll on spending.

07/05/2012 - 11:01am

Disappointing same-store sales results in June weren’t necessarily unexpected, as the month typically trends weaker as shoppers have fewer reasons to shop.