NEW YORK— Macy's has an answer to T.J. Maxx and other stores that sell deeply discounted designer brands. The department store chain, which is set to open its previously announced "Macy's Backstage" discount stores this fall in the New York City area, gave The Associated Press an early look at one of its new outlet stores. The store, which is opening next week in...» Read More
LONDON, March 12- Britain's John Lewis Partnership posted a 9 percent fall in underlying profit on Thursday after an industry price war hit its Waitrose supermarket business, forcing it to cut its staff bonus payout for a second straight year. The 150- year-old employee-owned group, which runs Britain's biggest department store chain as well as its sixth...
Wal-Mart is raising wages because worker pride is vital to running a good retail business, CEO Doug McMillion tells CNBC.
Former Toys R Us chief Jon Eyler talks turkey, saying it doesn't make sense on moral or economic grounds for stores to be open on Thanksgiving.
Kohl's third quarter earnings and revenue fell short of analyst expectations on Thursday.
J.C. Penney's third-quarter sales fell shy of analyst estimates on Wednesday.
A Florida Dillards faced backlash after placing an inapporpriate holiday decoration sign in its children's department.
Stronger growth in U.S. chain store sales is proof of robust consumer spending in the U.S., says Jharonne Martis, director of research at Thomson Reuters.
After two years of declining sales, J.C. Penney is reducing some high-profile brands introduced by former CEO Ron Johnson and reviving old labels.
Department store chain J.C. Penney becomes "just another retailer" after third-quarter earnings, CNBC's Jim Cramer said.
JC Penny saw its stock price jump Friday after a Wall Street analyst upgraded his sales outlook for the long struggling department store.
JC Penney shares tumbled to their lowest in nearly 13 years after a Goldman Sachs report projected slow sales and liquidity trouble.
If you have followed the J.C. Penney's media soap opera, you know the "Bill Ackman TV trade" is a losing one, said retail analyst Stacey Widlitz.
Investors will be scanning retail earnings reports, due out over the next few weeks, for the lessons they hold about the back-to-school shopping season, the second-busiest retail period.
Despite signs the consumer may be starting to pull back, discount stores and home retailers remain attractive investment opportunities, says one analyst.
Is the worst finally over for beleaguered department store JC Penney?
Online shopping offers a safe and comfortable respite from unruly crowds, but many people who have gifts shipped to them have the packages left at their doorsteps, and these parcels prove irresistible to thieves.
How remodeling has helped boost these companies’ bottom line.