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Off-pricers Ross, TJX lead April comps
New York - The effects of a warm March and an earlier-than-usual Easter holiday did little to dampen comparable sales for six of the 10 key retailers tracked monthly by HTT, yet created a challenging environment for the three mid-level department store chains on the list. More
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Cotton price 74 cents
New York - Yesterday's end of day price on Cotton #2 futures for July contracts was 74 cents. The price on October contracts was 72 cents. -
Sealy signs licenses with Downlite, American Textile Co.
Archdale, N.C. - Sealy has signed new licensing agreements with two companies to manufacture and market basic bedding accessories. A comprehensive line of sleep products will be offered by Downlite and American Textile Co. beginning early in 2013. -
Proposte sees upswing in U.S. visitors
Cernobbio, Italy - The 20th edition of Proposte held earlier this month experienced a 14.5% increase in visitors from the United States. -
Costco keeps up momentum in 3Q
Issaquah, Wash. - Costco Wholesale Corp. produced double-digit increases for both the third quarter and year to date in net income, complemented by fair increases in sales and comps. -
Fred's Q1 results on higher end of expectations
Memphis - Regional discount chain Fred's Inc. got the new fiscal year off to a decent start, with increases in net income and sales, albeit a slight decline in comps, in its first quarter.
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