--Madewell, the younger, more relaxed division of retailer J. Crew Group Inc., is going mobile this spring.
Think less smartphone and more road trip. The brand, formally a work wear manufacturer in Massachusetts before getting rescued by J. Crew, is taking its denim line on a cross-country summer journey with a retro Airstream trailer.
Retailers have been trying to shake up brick-and-mortar stores with more creative spaces such as pop-up shops, specialty stores and now stores on the go. Madewell's Airstream is rolling into Santa Monica Place this Saturday, loaded with stylists, discounts on jeans and a hair-braiding station.
--Kohl's Corp. reported higher sales but a smaller profit in its first quarter after dropping prices on its merchandise.
For the three months ended April 28, the department store chain reported a profit of $154 million, down from $201 million in the same period a year earlier. Total sales jumped 1.9% to $4.2 billion, however, while same-store sales rose 0.2%.