Kohl's Corp. rose$. 28 or. 5 percent, to $52.10. Macy's Inc. rose$. 44 or. 8 percent, to $57.92. Nordstrom rose $1.00 or 1.5 percent, to $68.76.» Read More
Kohl's Corp. fell$. 22 or. 4 percent, to $52.09. Macy's Inc. rose$. 28 or. 5 percent, to $57.01. Nordstrom rose$. 10 or. 1 percent, to $67.73.
Kohl's Corp. fell$. 01 or percent, to $52.39. Macy's Inc. fell$. 12 or. 2 percent, to $56.99. Nordstrom fell$. 06 or. 1 percent, to $67.92.
SYDNEY, July 17- An Australian court on Thursday approved the takeover of Australia's David Jones Ltd by South Africa's Woolworths Holdings Ltd, clearing a final hurdle for the $2 billion deal. Shareholders of both companies have already voted in favour of the A $4.00 per share bid for Australia' No.2 department store by sales.
Kohl's Corp. rose$. 52 or 1.0 percent, to $51.85. Macy's Inc. rose$. 22 or. 4 percent, to $56.92. Nordstrom fell$. 08 or. 1 percent, to $67.97.
Kohl's Corp. rose$. 09 or. 2 percent, to $51.42. Macy's Inc. rose$. 09 or. 2 percent, to $56.79. Nordstrom fell$. 15 or. 2 percent, to $67.90.
Kohl's Corp. fell$. 31 or. 6 percent, to $51.20. Macy's Inc. rose$. 12 or. 2 percent, to $58.23. Nordstrom rose$. 10 or. 1 percent, to $68.85.
Kohl's Corp. rose$. 13 or. 3 percent, to $51.64. Macy's Inc. rose$. 46 or. 8 percent, to $58.57. Nordstrom rose$. 29 or. 4 percent, to $69.04.
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.
Shares of the company, which operates Sears department stores and the Kmart discount chain, fell 7 percent in premarket trading. The retailer operated 1,980 Sears and Kmart stores in the United States as of February.
May 22- Sears Holdings Corp posted a bigger loss for the first quarter as the struggling retailer failed to arrest the fall in sales despite offering heavy discounts to woo shoppers. The company, which operates Sears department stores and the Kmart discount chain, said revenue fell 6.8 percent to $7.88 billion.
May 15- Department store operator J.C. Penney Co Inc reported a 6.3 percent rise in first-quarter sales, helped by strong sales of household goods and men's and women's apparel. J.C. Penney shares rose 15 percent to $9.67 in after-hours trading on Thursday.
*Sears Holdings says it may put Sears Canada up for sale. May 14- Sears Holdings Corp said on Wednesday that it was considering the sale of its 51 percent stake in Sears Canada Inc, a move that could mean all of the Canadian department store operator goes up for sale.
May 14- Department store operator Macy's Inc said business was picking up after severe winter weather resulted in weaker-than-expected sales in the first quarter, allowing the company to stick to its full-year profit forecast. Macy's, which also owns the high-end Bloomingdale's chain, reaffirmed its earnings forecast of $4.40- $4.50 per share for the year.
May 14- Macy's Inc reported a 1.7 percent decline in quarterly sales as a severe winter across parts of the United States deterred shoppers from visiting its department stores. The company, which also owns the high-end Bloomingdale's chain, said revenue fell to $6.28 billion in the first quarter ended May 3 from $6.39 billion, a year earlier.
May 14- Sears Holdings Corp said it was looking to sell its 51 percent stake in Sears Canada Inc and could even put the whole Canadian department store operator up for sale. Shares of Sears Holdings, controlled by hedge fund billionaire Eddie Lampert, rose 8 percent to $46.48 in premarket trading.
NEW YORK, April 16- Still hurting from last year's see-through yoga pants debacle, Lululemon Athletica Inc is about to face a new headache: stepped up competition from rival yoga retailers, department stores and hot new brands.
*Beats nil-premium merger proposal from Australia's Myer. SYDNEY, April 9- South African retailer Woolworths Holdings Ltd is set to buy struggling Australian department store operater David Jones for $2 billion after trumping an offer from Myer Holdings Ltd, it was announced on Wednesday.
*Beats nil-premium merger proposal from Australia's Myer. SYDNEY, April 9- South African retailer Woolworths Holdings Ltd is set to buy Australia's second-largest department store David Jones for $2 billion, trumping an offer from Australian rival Myer Holdings Ltd with a hefty premium.
April 3- Canadian department store operator Hudson's Bay Co, which bought U.S. luxury chain Saks Inc last year, forecast weaker-than-expected 2014 earnings as it spends more to build up its online shopping sites.
TOKYO, April 3- Seven& I Holdings Co, the world's biggest convenience store operator, forecast a slowdown in profit growth for the year from March 1 as a sales tax increase erodes earnings at its supermarkets and department stores even as sales remain strong at its 7- Eleven shops.