Ikea announced it is submitting plans to the City of Burbank, Calif., for a new and larger store to replace its current location among the Swedish retailer’s presence in the Los Angeles area.
Gap Inc. raised its outlook for the year after reporting better-than-expected net income for the third quarter on growing sales.
Sears Holdings Corp.'s third-quarter loss widened amid declining sales and higher tax expenses.
Retailers project a 3.1% increase in sales on Black Friday, according to a survey of top retail chief marketing officers by BDO USA, LLP.
Manthan Systems announced that Sprouts Farmers Markets has selected Manthan’s ARC platform for enterprise-wide reporting and analytics.
Tommy Bahama Group Inc. said its first Tommy Bahama global flagship store will open on Nov. 17 at 551 Fifth Avenue in Manhattan.
Limited Brands Inc. reported that net income for the quarter ended Oct. 27 dropped to $73.4 million from $94.3 million in the same quarter last year.
Ross Stores Inc. reported that net income rose 10.8% to $159.5 million in the third quarter, compared with $144 million a year earlier.
Hot Topic Inc. reported that profit for the third quarter jumped 38% to $4.3 million, from $3.1 million in the year-ago quarter.
The Buckle reported Thursday that net income for the quarter ended Oct. 27 rose 9% to $41.9 million, boosted by online strength and higher same-store sales.