Kohl’s and Sears reported declines in same-store sales in the fourth quarter, despite it being the period that includes the all-important holiday season.
Jewelry brand Effy is introducing its first bridal collection and will launch the line for spring 2014 at Macy’s, selling both in store and online on Macy’s and Effy’s websites.
Both J.C. Penney and T.J. Maxx/Marshalls recorded same-store sales increases in the fourth quarter while Target’s quarterly comps fell in the wake of the massive data breach that impacted millions of customers.
Zale Corp. recorded a 2 percent increase in the same-store sales in the second quarter ended Jan. 31, with its Zales and Zales Outlet stores turning in the strongest performance.
Same-store sales increased by only 1 percent in the fourth quarter for Macy’s Inc. despite a strong holiday season performance, the retailer reported Tuesday.
Ogilvy & Mather Worldwide is now the global marketing communications partner for Tiffany & Co. and will complement the retailer’s international marketing capabilities with brand positioning and ad support.
Three jewelry-selling retailers that reported their financials Thursday did not record strong increases in sales in the fourth quarter, despite the fact that it is generally the most wonderful time of the year for retailers.
National Jeweler analyzes the price tag on the $1.4 billion deal between Signet Jewelers and Zale Corp., what it means for the jewelry industry as a whole and what the real “pickup” of the acquisition is for Signet.
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