
U.S. retailers are poised to report their weakest monthly sales gains in six months as unseasonably warm weather and fewer shopping events hurt demand for fall merchandise in a slowly recovering U.S. economy.
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U.S. retailers are poised to report their weakest monthly sales gains in six months as unseasonably warm weather and fewer shopping events hurt demand for fall merchandise in a slowly recovering U.S. economy.
Investors betting on retail stocks this holiday season are advised to buy high and low, and sell the in-betweens.
Iconix Brand Group Inc posted third-quarter results above market estimates as its licensed brands sales surged, and said it was still on the lookout for acquisitions.
Merger talks between apparel and shoe company Kenneth Cole Productions and Iconix Brand Group have stalled and are unlikely to resume soon, sending Kenneth Cole's shares down as much as 11 percent.
Wal-Mart Stores Inc's U.S. management will be in the cross-hairs at the company's investor meeting this week, where Wall Street analysts will press for details on rescuing the retailer's largest business.
The eco-friendly British brand takes its second shot at selling in Australia. Target stores will be the retailer for Stella's capsule collection to be released on October 29.
Target Corp is accelerating its push into selling groceries, adding sections for fresh food to more than half of its roughly 1,500 discount U.S. stores by the end of 2011.
U.S. retailers will likely hire more seasonal workers this holiday selling season, but the amount of temporary staffing still will not approach pre-recession levels, according to consultancy Challenger, Gray & Christmas.
Apparel and shoe company Kenneth Cole Productions is in talks to be acquired by Iconix Brand Group, according to a Bloomberg report.
U.S. retailers posted better-than-expected sales in August as consumers sought out bargains during the key back-to-school selling season.