Saks Inc. (SKS) reported earnings of 20 cents per share for the third quarter, compared with 4 cents per share a year earlier.
The results for the third quarter included a gain of 14 cents per share related to the reversal of certain estimated income…
Abercrombie & Fitch (ANF) reported earnings of 56 cents per share for the quarter ending Oct. 30, up from 44 cents per share a year earlier.
Net sales rose 18% to $885.8 million, including direct-to-consumer sales, the retailer said in a statemen…
Consumers will start to see prices rising at the stores — and soon, as the costs of commodities like cotton, sugar, and coffee are surging to record highs.
Continue reading Rising Cotton Prices May Mean Pricie…
In the first 10 days after its launch, Microsoft (MSFT) said that it has sold more than 1 million of its hands-free Kinect gaming systems.
The software giant is hoping that the Kinect, which plugs into an Xbox and lets you play games just by moving y…
A telecommunications group including Verizon Wireless and AT&T Inc. (T) hired Michael J Abbot, a former executive with General Electric (GE), to run a venture that will let consumers pay for purchases using their smartphone.
Abbot, who was previ…