I’m a big admirer of the sleek point-of-sale system that allows Apple Store employees to run credit card transactions on iPhones or iPod Touch devices. Now, Apple is going to offer its POS system to other retailers, a move that…
Expect your T-shirts to get a little bit thinner next year — and maybe a little more expensive. Apparel retailers are looking high and low for ways to keep from passing on too much of their own rising costs to consumers. The t…
As retailers wrapped up their earnings reports this week, most said they’re back in cost-control mode and will tighten inventories after the holidays. Shoppers are still spending cautiously and costs are on the rise, so profits…
Gap’s (GPS) fiscal third-quarter profit fell 1.3% as negative same-store sales for the clothing retailer’s Old Navy chain offset gains overseas. Shares fell in extended trading after the company failed to beat Wall Street earni…
Gap’s same-store sales will likely fall in its fiscal third quarter, which ends this month, CEO Glenn Murphy warned at an investor meeting in New York on Thursday.
Continue reading Gap Same-Store Sales Likely t…