LONDON, July 12- British retailer John Lewis said sales at its department store chain rose 4.7 percent in the week to July 9, accelerating the rate of growth from the previous week due to strong demand for its clearance sale. Department store sales rose 4.7 percent year-on-year to 85 million pounds, having increased just 2.1 percent in the previous week- the week... » Read More
Unlike Wal-Mart, Target has no international operations since its failed foray into Canada. "Given the toughness of the market and the much worse performance from Walmart and department store rivals, the comparable sales uplift is very respectable," Neil Saunders, chief executive of research firm Conlumino, wrote in a note. Comparable sales of apparel...
Feb 23- Macy's Inc reported a 4.3 percent decline in quarterly comparable sales, slightly better than the 4.7 percent decline the department store operator had estimated, helped by improving sales due to colder weather in January. The company also said it started contacting potentially interested parties for partnerships or joint ventures for its flagship...
Feb 18- Department store operator Nordstrom Inc reported better-than-expected quarterly comparable sales, helped by strong demand for beauty products and shoes. Sales at stores open at least a year rose 1 percent, above the 0.4 percent growth expected by analysts polled by research firm Consensus Metrix. Net income fell to $180 million, or $1 per share, in the...
Feb 12- Department store chain operator Kohl's Corp said it was eliminating three senior positions, including chief digital officer, to create a more "nimble organization". The other positions being eliminated are senior vice president of store environment and development and senior VP of communications and public relations, Kohl's said in an emailed...
Feb 12- Department store chain operator Kohl's Corp said it was eliminating three senior positions, including chief digital officer, to create a more "nimble organization".
Feb 5- Department store operator J.C. Penney Co Inc said it is pursuing a potential sale and partial leaseback of its headquarters in Plano, Texas. The move is expected to reduce debt and costs, the company said on Friday.
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Department store operator Kohl's quarterly same-store sales were hurt by colder-than-usual weather in February.
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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.