rue21 Enters Into Definitive Agreement to be Acquired by Funds Advised by Apax Partners for $42.00 Per Share in Cash

Represents 42% Premium to 90-Day Volume Weighted Average Price

Independent Special Committee to Conduct "Go-Shop" Process

Company Expects to Report First Quarter 2013 Diluted EPS of $0.44 per Share

rue21, inc. (RUE), a leading specialty apparel retailer of girls and guys apparel and accessories, and Apax Partners, a global private equity firm, today announced a definitive agreement under which funds advised by Apax Partners will acquire all outstanding shares of rue21 for $42.00 per share in cash. The transaction is valued at approximately $1.1 billion. The transaction price represents a premium of approximately 23% to yesterday's closing share price and approximately 42% to the 90-day volume weighted average price (VWAP).

Zale Corporation Reports Third Quarter Fiscal 2013 Results

    Net earnings of $5 million, or $0.13 per diluted share, compared to a loss of $5 million in the prior year quarter
    Gross margin of 52.6 percent, up 130 basis points from prior year quarter
    Operating margin of 2.2 percent, up 80 basis points from prior year quarter
    Comparable store sales up 1.4 percent; up 2.6 percent on a constant currency basis and excluding February 29, 2012
    Zales branded stores up 3.0 percent; up 3.9 percent excluding February 29, 2012
    Year-to-date net earnings of $18 million, or $0.45 per diluted share, compared to loss of $8 million, or $0.23 per diluted share, in the prior year

Zale Corporation (ZLC) today reported its financial results for the third quarter ended April 30, 2013.

American Apparel, Inc. Announces Comparable Sales for March 2013 Increased 8%

American Apparel, Inc. (NYSE MKT: APP), a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel, announced preliminary sales for the month ended March 31, 2013, and reported that comparable sales increased 8%, including a 5% increase in comparable store sales for its retail store channel and a 26% increase in net sales for its online channel. Wholesale net sales decreased 7% for the month of March primarily due to one less shipping day in March 2013 than in March 2012. On a preliminary basis, total net sales for March 2013 were $50.3 million, an increase of 2% over the prior year period. For the quarter-ended March 31, 2013, total net sales increased 5% to $138.8 million, with an 8% increase in comparable store sales and a 2% increase in wholesale net sales.

Zumiez Inc. Reports March 2013 Sales Results

Net Sales Increased 19.7% to $61.0 Million; March 2013 Comparable Store Sales Increased 2.1%

Zumiez Inc. (NASDAQ: ZUMZ), a leading specialty retailer of action sports related apparel, footwear, equipment and accessories, today announced that total net sales for the five-week period ended April 6, 2013 increased 19.7% to $61.0 million, compared to $50.9 million for the five-week period ended March 31, 2012. The Company's comparable store sales increased 2.1% for the five-week period ended April 6, 2013 compared to a comparable store sales increase of 14.1% for the five-week period ended March 31, 2012.