Comparing the fourth quarter earnings results of three teen apparel competitors, it appears that Abercombie & Fitch Co. is struggling, compared with American Eagle Outfitters Inc. and Aeropostale Inc.
Retail
Written By: Emma Jackson on March 11, 2010
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Written By: meganmollmann on August 20, 2009
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Chicago foreclosure activity counts by zip code/Realtytrac.com
BY MEGAN MOLLMANN – MEDILL NEWS SERVICE
Foreclosures increased 7 percent nationwide in July, according to Realtytrac.com. Illinois came in fifth place for total foreclosure activity, with 14,524 properties receiving a foreclosure filing, and default notices skyrocketed 86 percent during the month, said Realtytrac in a press [...]
Written By: meganmollmann on August 13, 2009
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Image via J.C. Penney
BY MEGAN MOLLMANN – MEDILL REPORTS
On the heels of the Fed’s news that the economy is “leveling out,” July retail sales dropped 0.1 percent from June, said the U.S. Department of Commerce Thursday.
Total retail sales for July were $342.3 billion, an 8.3 percent decline from July of [...]
Written By: kellen.henry on July 29, 2009
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via The Federal Reserve Board
BY KELLEN HENRY – MEDILL NEWS SERVICE
The economic story in the Midwest is the same the one we’re hearing across most of the country — The economy is weak, but it’s no longer in free-fall.
According to The Beige Book, the report on current economic conditions released [...]
Written By: meganmollmann on July 23, 2009
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BY MEGAN MOLLMANN – MEDILL NEWS SERVICE
The annual shopping spree synonymous with the start of the school year will be a little less grand this year. Parents worried about their finances in the recession plan to spend less this fall when jaunting off to GapKids, Kohl’s or Walgreens to [...]
Written By: KatieRogers on July 15, 2009
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Flickr.com/Afagen
BY KATIE ROGERS — MEDILL NEWS SERVICE
In the grand tradition of Chicago traditions, yet another of the city’s most famous landmarks will undergo an official name change Thursday.
The Sears Tower will become Willis Tower, and the switch will be made permanent July 16 in a ceremony that will officially recognize [...]
Written By: Jordan Melnick on July 9, 2009
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Flickr.com/Jazzpic
BY JORDAN MELNICK — MEDILL NEWS SERVICE
Retailers are faulting unseasonable weather and rising unemployment for year-over-year sales declines in June. The big losers were clothing and department stores, with Abercrombie & Fitch Co.’s same-store sales down 32 percent, Dillard’s Inc. down 14 percent and sales at both
Written By: bcm141 on May 28, 2009
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www.ab-invbev.com
BY BRIDGET MACDONALD - MEDILL NEWS SERVICE
Not only does Belgium boast over 450 varieties of beer – each served in a specific glass designed to showcase its flavor – it is home to the largest brewer in the world.
Budweiser calls itself the king of beer, but parent company [...]
Written By: Deb Weinstein on May 28, 2009
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William Ackman (heartsofthegods.blogspot.com)
BY DEB WEINSTEIN–MEDILL NEWS SERVICE
Target Corp., announced preliminary votes regarding the White Card v. Gold Card proxy fight: Target says it looks like they won. The company said:
Target shareholders appear [...]
Written By: Deb Weinstein on May 28, 2009
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(Deb Weinstein/MEDILL)
BY DEB WEINSTEIN -MEDILL NEWS SERVICE
Shareholders and executives of Minneapolis-based Target Corp. (TGT: $39.60 +/-0%), are gathering in Waukesha, Wisc., for the annual shareholders’ meeting today. However, this is no ordinary shareholders’ meeting.
The past few weeks have been a ping-pong game of “Vote for my team” [...]
