Retail Executive News

10/23/2012 - 5:13pm
Cerberus reportedly seeking financing for Supervalu deal

Multiple reports suggested that private equity firm Cerberus Capital Management, which owns Albertsons LLC, may be putting together a deal to buy all or part of the grocery chain.

10/23/2012 - 5:10pm
Coach exceeds profit expectations for Q1

Coach Inc. reported that profit for the quarter ended Sept. 29 rose 3% to $221.4 million, compared with $215 million for the same period last year and beating Wall Street expectations.

10/23/2012 - 5:09pm
Restoration Hardware IPO to raise about $120 million

Restoration Hardware Holdings Inc. is expected to raise about $120 million from its Initial Public Offering, should it sell the 5.2 million shares at between $22 and $24 each that the retailer said it is expecting to sell.

10/23/2012 - 4:51pm
Nominations open for Chain Store Age's Rising Stars awards

Chain Store Age is accepting nominations for its Rising Stars: 20 under 40 awards, which will recognize retailers who are making their marks in their companies and in the retail industry.

10/23/2012 - 3:54pm
It’s Time to Address Out-of-Stocks

By Jeff Weidauer, Vestcom International

10/23/2012 - 11:01am
Target to sell credit card business to TD Bank

Target Corp. said Tuesday it will sell its $5.9 billion credit card portfolio to TD Bank Group.

10/23/2012 - 11:00am
Bettie Page opens in Boston

Tatyana Designs opened its 10th Bettie Page store, on Newbury Street in Boston.

10/23/2012 - 10:55am
Kate Spade New York announces new brand, new store

Kate Spade New York said it is unveiling a new apparel and accessories brand, Kate Spade Saturday, which will officially launch in Japan in February 2013 through e-commerce at Saturday.jp and a flagship store in Tokyo.

10/23/2012 - 10:54am
Survey: Most e-commerce companies expect better holiday sales

A survey released by Chase Paymentech, a subsidiary of JPMorgan Chase & Co., found that online companies are expecting the 2012 holiday shopping season to be better than last year.

10/23/2012 - 10:49am
RadioShack swings to big loss in Q3

RadioShack Corp. reported a wider-than-expected loss of $47 million for the quarter ended Sept. 30, compared with a profit of $300,000 for the same period last year.

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