Foot Locker sees running, apparel as growth opportunities Chain wants to be known as sneaker central, not just home of basketball
3/10/2010-11:41:17 AM

By Andria Cheng, MarketWatch
NEW YORK (MarketWatch) -- At athletic retailer Foot Locker Inc.'s flagship store on New York's 34th Street, a front window display brings attention to an assortment of running shoes, from Nike to Asics, not the customary basketball gear on which the company has staked its reputation.

Meanwhile, some of i...

American Eagle shutting down Martin + Osa chain
3/10/2010-11:22:50 AM

By Teresa F. Lindeman, Pittsburgh Post-Gazette

Ending months of speculation, South Side retailer American Eagle Outfitters Inc. this afternoon announced it is giving up on its experiment in clothing an older clientele.

The Martin + Osa chain, which had grown to include 28 stores and an online business, will be shut down by su...

H&M Introduces Its First Organic Skincare
3/8/2010-4:07:33 PM

by Sarah Mahoney,

H&M is unveiling its first-ever line of organic skincare products. That launch follows the introduction of the chain's first-ever 100% sustainable apparel collection -- and increasingly intense criticism from environmental watchdogs.

The company says both the skincare collection and the 80-piece spring ...

Macy's adding 4 new apparel brands
3/8/2010-3:31:45 PM

The Enquirer • March 3, 2010

Macy's Inc. announced Wednesday it will roll out four new fashion brands and two home line expansions this spring.

 
"This spring represents one of our strongest seasons of exclusive launches ever," said Jeff Gennette, Macy's chief merchandising officer, in a statement.

The new lines,...

Cartier plans expansion in India
3/5/2010-3:59:13 PM

By Ian Ritter

Mumbai: In order to cash in on growing brand consciousness, luxury watch maker Cartier plans to expand its distribution network in India, a top company official said here.

"India is a very important region and its culture is very influential in art and jewellery. The country is very promising and we are looking to ...

Urban Outfitters Launching New Chain
3/5/2010-3:54:03 PM

PHILADELPHIA-Urban Outfitters plans to roll out a new concept next year that will focus on wedding gowns, intimate attire, special occasion gifts and related items, management said today during the retailer’s fourth-quarter conference call. The concept, for which no name was revealed, will launch a website on Valentine’s Day 2011 followed by sto...

Nordstrom execs get bonuses again
3/3/2010-2:13:22 PM

By Amy Martinez
Seattle Times business reporter

Nordstrom's five top-paid executives earned 2009 bonuses totaling $4.5 million after the Seattle-based retailer ended the year with a buoyant stock price and improved business, according to a regulatory filing Tuesday.

Of the total, $1.16 million went to President Blake Nords...

Macy’s signs exclusive Kenneth Cole line
3/3/2010-2:09:54 PM

Macy’s Inc. will be the exclusive retailer for a collection of men’s sportswear from Kenneth Cole Productions Inc.

The Kenneth Cole Reaction men’s sportswear line will debut in September at 150 Macy’s stores and on macys.com, according to a news release.

A spokesman said the retailer isn't revealing which stores will debut the li...

JC Penney to focus on exclusives, sees malls return
3/3/2010-2:06:44 PM

NEW YORK (Reuters) - Department stores must keep ramping up exclusive lines of clothing and accessories if they are to win market share from rivals and thrive in the still sluggish U.S. consumer spending environment, JC Penney Co Inc (JCP.N) Chief Executive Myron Ullman said.

The need to avoid what industry analysts have derided as "the ...

Mukherjee Lacks Support for Carrefour, Wal-Mart Gains
3/2/2010-12:40:37 PM

By Kartik Goyal

March 2 (Bloomberg) -- Finance Minister Pranab Mukherjee said he lacks support from lawmakers to allow more foreign investment in retail and insurance, stymieing Carrefour SA and Wal-Mart Stores Inc.’s expansion in India.

“We haven’t reached the magic number” in parliament, Mukherjee said in an interview with Blo...