Promotional Activity

In a report published Tuesday, Wedbush analyst Morry Brown detailed mall checks at many specialty retailers. Express: Reduced Level Of Promotions Express, Inc. (NYSE: EXPR) held a reduced level of promotional activity at stores and online and chose not to lap 40 percent off entire store offer...

According to Morry Brown of Wedbush, both Nordstrom, Inc. (NYSE: JWN) and Macy's, Inc. (NYSE: M) attracted high levels of traffic throughout December following promotional activity that stole traffic away from specialty retailers. Brown commented in a note over the weekend that store checks...

Pier 1 Imports Inc (NYSE: PIR) reported its third quarter results on Thursday after market close. The company earned $0.20 per share, in-line with estimates while revenue of $484.50 million fell short of the $488.78 million analysts expected. Seth Sigman of Credit Suisse commented in a note on...