Kohl's Corp is to widen its range of discounts after Thanksgiving Day, introduce daily promotions and substantially increase its marketing spend to attract bargain-hunters, the Wall Street Journal said.
There could be a nasty surprise under the tree for the US economy this Christmas.
A 10.48 carat blue diamond failed to sell at a Geneva auction as no one matched the reserve price of 6.7 million Swiss francs (six million dollars), auctioneers Sotheby's said Thursday, blaming the current economic climate.
Women's-apparel chain New York & Co Inc forecast a fourth-quarter loss against analysts' expectation of a profit as more discounts hurt margins.
India's Future Group, which runs leading listed retailer Pantaloon Retail , is planning to manufacture consumer products like toothpaste, detergents and soap, its chief executive said on Thursday.
Gold demand leapt by 18 percent globally in the third quarter, boosted by purchases from India, as investors sought shelter from the global financial meltdown, industry officials said Thursday.
Children's Place Retail Stores Inc's quarterly profit almost doubled, driven by higher sales and improved gross margins, sending its shares up as much as 12 percent. For the third quarter ended Nov. 1, the apparel retailer posted net income of $24.
The Lifetime cable TV network has counter-sued NBC Universal, Bravo and The Weinstein Company over the rights to the TV program "Project Runway" in the latest legal action that has left the hit show in limbo.
Marks & Spencer and Debenhams, two of the country's biggest retailers, will this week hold pre-Christmas sales to stimulate trade after a tough October.
Teen-apparel retailer Tween Brands Inc posted a better-than-expected quarterly profit, but withdrew its outlook for the second half of 2008 due to the challenging macro-economic environment.
Shares of Genesco Inc fell 39 percent to their lowest level in six years on Wednesday, a day after the shoe and hat retailer forecast weak third-quarter results, hurt mainly by lower same-store sales at its Johnston & Murphy Group, and guided its fourth-quarter earnings below Street view.
Top fashion designer Marc Jacobs' company agreed to pay New York state $1 million for improper payments made to secure a venue to hold fashion shows, the New York attorney general's office said on Wednesday.
Nike Inc, Starbucks Corp and investor coalition Ceres are among the founding members of a new coalition calling for strong U.S. climate and energy legislation in early 2009.
Warnaco Group Inc , the maker of Calvin Klein jeans and Speedo swimsuits, announced a cost-cutting plan on Wednesday that includes eliminating about 45 corporate jobs and reducing capital expenditures.
Barack Obama promised to bring change and may just succeed -- at least in the way Americans dress.The 47-year-old president-elect promises to fix the economy, withdraw from Iraq, and catch Osama bin Laden.
