As the apparel company moves forward with its acquisition by founder George Feldenkreis, Perry Ellis International has reported slipping revenues in the second quarter, dragged down by lost womenswear sales.
Estee Lauder topped expectations for quarterly profit on Wednesday but investors were worried about slowing U.S. sales as fewer shoppers visit department stores where the company sells a bulk of its products.
Perfumania Holdings Inc, a U.S. retailer with exclusive distribution rights to several Trump-branded colognes, has hired advisers to explore strategic alternatives, including a debt restructuring, according to sources.
Sears Holdings Corp's controlling shareholder Eddie Lampert met with Ford Motor CEO Alan Mulally earlier this year to seek advice on how to turn around the ailing retailer, two sources familiar with the matter said.
Many top U.S. retailers on Thursday reported strong January sales after offering compelling merchandise that drew in shoppers facing a hit to their take-home pay from higher payroll taxes.Macy's Inc said sales at stor...