Retailer | featured news

The electronics retailer believes it can rebuild its brand and attract customers by bringing the Web.

Retailers are reporting surprisingly solid gains for August even as unusually hot weather and job worries kept a lid on back-to-school buying.

Social networking website Facebook is dipping into the brick-and-mortar world by selling gift cards at retailer Target that can be used toward purchasing virtual products for games hosted on the site.

Shoppers spent slightly more last month than they had the year before, but sales were far short of 2008 levels, heralding what could be a disappointing holiday shopping season.

This morning Bloomberg reported that Abercrombie & Fitch CEO Michael Jefferies, who has led the retailer for nearly two decades, has announced that he intends to sell as much as 1.79 million of his shares. At current market value, a sale of that magnitude would net him nearly $63 million pretax.

Barnes & Noble (BKS) posted a loss for its first fiscal quarter today, of $62. 5 million, or $1.

Target meets analyst expectations with its fiscal second quarter earnings.

Half-priced jeans and promotional freebies are already popping up at the mall with the start of school still weeks away.

Barnes & Noble has put itself up for sale, struggling amid a changing landscape for book sales. Chairman Len Riggio is considering a bid.

The week's hottest IPO could be in Omaha: Gordman Stores, which competes against firms like TJX.