Retail

Retail Container Traffic Expected to Jump in May and Months Ahead

Retail Container Traffic Expected to Jump in May and Months Ahead

WASHINGTON-The latest monthly report on import cargo volume at the nation’s major retailer container ports indicates that retailers are feeling more confident about the U.S. economy’s improvement, according to a statement from the National Retail Federation. According to the monthly Global Port Tracker, the ports should handle 1.14 million 20-foot equivalent units, up 10 percentMore »

Kohl’s Debuts Advertising Partnership With Oprah Winfrey

Kohl’s Debuts Advertising Partnership With Oprah Winfrey

LOS ANGELES-Kohl’s has struck an advertising partnership with the Oprah Winfrey Network (OWN) for the series “Your OWN Show: Oprah’s Search for the Next TV Star.” The series is a nationwide search for television’s next big star, with the winner to be awarded his or her own talk show on the OWN network. Online auditionsMore »

Think Small— Four Simple Ways To Pursue Excellence

Think Small— Four Simple Ways To Pursue Excellence

Beth Lang What is business excellence? I asked myself that same question when I was presented with the opportunity to be this month’s guest columnist. By definition, excellence is the “fact or state of excelling.” OK, so excelling in what—everything? Strategy, marketing, finance, technology and those sorts of things? That seems very broad. I thinkMore »

Kohl’s Net Jumps 45 Percent in First Quarter

Kohl’s Net Jumps 45 Percent in First Quarter

MENOMONEE FALLS, Wis.–Net income for Kohl’s finished the first quarter at $199 million, up 45 percent from the first quarter of last year. The department-store retailer achieved this boost to the bottom line through a 10.9 percent gain in net sales for the quarter—which totaled $4 billion and which included a 7.4 percent pickup inMore »

Macy’s Posts $23 Million in Net Income in First Quarter

Macy’s Posts $23 Million in Net Income in First Quarter

CINCINNATI–Macy’s first quarter produced net income of $23 million, reversing a net loss of $88 million from the first quarter of last year. A good deal of the retailer’s turnaround came from a 7.2 percent increase in net sales, which were $5.6 billion in the quarter. In addition, Macy’s pumped its gross margin by 130More »

Gilt Groupe Expanding Home

Gilt Groupe Expanding Home

NEW YORK–Now online shoppers can have more Gilt in their homes too. Gilt Groupe, one of the first and perhaps the largest of the online sellers of luxury brands at discounted prices, is launching an expanded Gilt Home offering today. It says it will feature an average of 15 home sales a week from someMore »

Fingers … Fat and Otherwise

Fingers ... Fat and Otherwise

Whatever ultimately caused the insane activities in the stock market last week, you have to love the theory that it was the result of what the experts call a “fat finger trade.” The technical definition seems to be that some trader somewhere hit the wrong key, hitting a B for billion rather than a MMore »