Henri Bendel Plans to Stop Selling Clothes This Summer
The luxury retailer says the recession is forcing it to change its business model to concentrate on accessories.
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At Henri Bendel, the Street of Sorrows
Henri Bendel’s announcement that it will stop selling clothes beginning this fall and focus solely on more lucrative accessories feels like the passing of an era for many designers.
View ArticleOutlooks Rise as 2 Retailers Beat Estimates for Earnings
BJ’s Wholesale Club and Limited Brands were both helped by cost controls, and both raised their full-year profit outlooks.
View ArticleRetailer Express Eyes $200 Million I.P.O.
The owner of Express, the retail apparel chain, said Tuesday it is planning to go public, The Associated Press reported.
View ArticleLimited Brands to Cut Ties to The Limited
Under the deal, Sun Capital Partners, which has a 75 percent stake in The Limited, will buy the rest for about $32 million.
View ArticleLimited Brands to Cut Ties to The Limited
Limited Brands will finally shed its remaining ties to the store franchise it arose from, agreeing to sell its 25 percent stake in The Limited to the retailer's majority owner.
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Re-Recruit Your Team Every Day
Linda Heasley of The Limited says she should always be able to show her workers why they should work for her and her company.
View ArticleSears Results Disappoint, but Limited Brands Tops Estimates
Sears Holdings reported a wider loss in the third quarter, but profit at Limited Brands surged.
View ArticleSaks Predicts Faster Sales Growth, While TJX Is More Wary
Upscale Saks forecast same-store sales would rise by a ”midsingle digit” percentage, while the discounter TJX forecast an increase of 1 percent to 2 percent.
View ArticleWhere the Next Buyouts Will Come
UBS analysts come up with a list of 27 potential L.B.O. targets, Barron’s reports.
View ArticleWhere the Next Buyouts Will Come
UBS analysts come up with a list of 27 potential L.B.O. targets, Barron’s reports.
View ArticleEarnings Decline in Quarter At Several Large Retailers
The J. C. Penney Company, the Limited Inc. and Nordstrom Inc. said yesterday that their earnings for the third quarter fell from depressed levels of a year earlier, while the May Department Stores...
View ArticleLIMITED HAS NEW NAME AND HIGHER PROFIT
The Limited said yesterday that it had changed its name as it reported that its first-quarter profit had climbed 63 percent, helped by strong fashion assortments and strict inventory controls. The...
View ArticleLIMITED TO SPIN OFF ITS STAKE IN ABERCROMBIE & FITCH
The Limited Inc. announced a plan yesterday to spin off the 84 percent stake it owns in Abercrombie & Fitch Inc., making Abercrombie a fully independent company. Under the deal, meant to be...
View ArticleSHARES OF THE LIMITED FALL ON WORD OF SHAKEUP
Shares of The Limited Inc. fell in heavy trading yesterday on reports that five executives had left the flagship Limited Stores division. Officials at the Columbus, Ohio-based retailer were not...
View ArticleSEARS TO PURCHASE CLOTHING LINE FROM LIMITED BRANDS
Sears, Roebuck & Company said yesterday that it would buy the Structure men's clothing brand from Limited Brands Inc. in the latest effort by the department store chain to infuse its clothing...
View ArticleLIMITED SHARES TRADE HEAVILY ON RUMORS OF SPINOFFS
Trading in shares of the Limited Inc. was heavy yesterday after rumors arose that the retailer was considering the sale of some assets or spinoffs of specialty store divisions like its Victoria's...
View ArticleWal-Mart Up; Limited Is Flat
LEAD: Wal-Mart Stores Inc., a major discounter, said yesterday that its third-quarter profit rose 41 percent. Earnings were flat at The Limited Inc., which owns women's apparel stores.
View ArticleLimited in Split
LEAD: The Limited Inc. declared a 2-for-1 stock split at its annual shareholders meeting in New York. Leslie Wexner, the chairman and chief executive of the Columbus, Ohio, specialty retailer, said the...
View ArticleINTIMATE BRANDS PANEL RECOMMENDS DEAL WITH LIMITED
Intimate Brands, the operator of Victoria's Secret and Bath and Body Works, has recommended that shareholders accept the $1.56 billion offer from Limited Inc. to buy back the shares it spun off in...
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