United States

Meenakshi Iyer

Shoe retailers to benefit from tight inventory control

May 18 2012

The warmest U.S. winter in years fueled higher sales at footwear retailers Brown Shoe Inc and Foot Locker Inc , and the companies are expected to benefit from tight inventory management in the next few quarters.

Charming buy adds to Ascena's plus-size rack

May 02 2012

Women's apparel maker Ascena Retail Group Inc will buy Charming Shoppes Inc for $857.2 million in cash as it looks to tap into the growing U.S. plus-size apparel market.

Mattel's sales hit as higher prices deter shoppers

Apr 16 2012

Mattel Inc reported weaker-than-expected quarterly results as the world's largest toymaker struggled to convince shoppers to buy Barbie dolls at higher prices and retailers cut back on inventory.

Red Lion Hotels explores possible sale, shares rise

Mar 28 2012

Red Lion Hotels Corp on Wednesday said it is looking at its strategic alternatives, including a sale of the company or a strategic combination with a third party, sending its shares up 13 percent in after-market trading.

Staples warns of weak demand in Europe, shares fall

Feb 29 2012

Staples Inc , the largest U.S. office supply chain, forecast tepid sales growth for the year, as its international business takes a hit from weak demand in Europe, sending its shares down as much as 10 percent.

SodaStream's fizz not enough; shares fizzle

Feb 29 2012

Israel's SodaStream International Ltd saw a sharp decline in unit sales growth of its soda makers in the fourth quarter, sending its shares down 17 percent on Wednesday.

Crocs expects to double sales in less than 5 years:

Feb 27 2012

Shoe maker Crocs Inc is betting on newer designs to double sales in less than five years and expects Asia to become its biggest market by the end of 2013, the company's top executive said.

Luxury demand fuels Michael Kors glitzy quarter

Feb 14 2012

Michael Kors Holdings Ltd reported robust quarterly results as its namesake luxury brand saw strong demand, and said it expects its accessories business to drive profits in the coming quarters.

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