February Chain Store Sales Exceed Expectations

U.S. chain store sales posted a stronger than anticipated 4.2% year-over-year comparable-store gain for February 2011 according to the International Council of Shopping Centers (ICSC). The group is forecasting an increase of about 2% in March and 5% in Ap

J. C. Penney’s February Comps Climb 6.4%

J. C. Penney Company, Inc. reported that its comparable store sales for the four-week period ended Feb. 26, 2011, increased 6.4%, with all divisions reporting an increase over last year. Women's apparel and accessories, children's apparel, and

Kenneth Cole Q4 Loss Narrows, CEO Resigns

Kenneth Cole Productions Inc.'s fourth-quarter loss narrowed but the company announced that its CEO Jill Granoff is leaving the company. The company said the decision for Granoff to leave was mutual. Paul Blum, who was with the company for 15 years,

Head N.V. Preliminary 2010 Results Show 5% Growth

Head N.V. said preliminary and unaudited financial data indicate its total sales rose 5.0% on a constant currency basis in 2010 as a big boost from winter sports sales countered falling racquet sales. Dive sales rebounded 6% from their nadir in 2009, but