Top Stories
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BBB to stake omnichannel claim
Union, N.J. - Bed Bath & Beyond - the top retailer for showrooming - is fighting back, building a beefed up omnichannel operation, developing new web sites and working to improve mobile sites and apps. More
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Current Issue
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Stein Mart home hits another home run in Q1
Jacksonville, Fla. - Aided by ongoing strength in sales for its linens and other home categories coupled with an 8.0% comp in April, Stein Mart was able to offset challenges cause by prolonged winter weather conditions and the Easter holiday calendar shift during its first quarter. -
ValueVision racks up a strong Q1
Minneapolis - Led by significant improvements in its home & consumer electronics category as well as strong results in its fashion & accessories segment, multichannel electronic retailer ValueVision/ShopNBC churned double-digit sales increases during its first quarter. -
Bon-Ton advances in Q1
York, Pa. - Despite headwinds from unseasonably cold weather, Bon-Ton Stores managed modest increases in sales and comps as well as a narrower net loss during its first quarter. -
A tough Q1 for Gordmans
Omaha, Neb. - Regional department store chain Gordmans experienced a sharp comp decrease and reduced gross profit margins during the first quarter. -
Cotton price 83 cents
New York - Yesterday's end of day price on Cotton #2 futures was July contracts was 83 cents. The price on October contracts was 84 cents. -
Wintry weather chills Target's Q1 results, but home has bright spots
Minneapolis - Described as "choppy and challenging," Target's first quarter disappointed, as net earnings were dealt a harsh blow and sales and comps could not stand up against year-ago comparisons. -
Sears Canada sees red ink in Q1
Toronto - Despite improvements in the bed, bath, apparel and accessories categories, sales at Sears Canada declined during the first quarter and the retailer swung to a net loss.
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