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  • UPDATE 1-Macy's says quarter is off to a slow start Tuesday, 25 Feb 2014 | 8:41 AM ET

    Feb 25- Macy's Inc on Tuesday said sales in its new fiscal year were off to a slow start, coming on the heels of a dip in January, and the department store operator's shares fell nearly 2 percent.

  • Feb 25- Macy's Inc on Tuesday reported a higher quarterly profit as the department store chain had one of the best sales performances among retailers during the holiday season. Macy's reported net income of $811 million, or $2.16 a share, for the fourth quarter ended Feb. 1, compared with $730 million, or $1.83 per share, a year earlier.

  • "Consumers are being hit by a perfect storm of events," said Craig Johnson, president of advisory firm Customer Growth Partners. Kohl's Corp on Thursday said sales in January were "significantly" lower than expected as shoppers stayed away, and the department store chain lowered its profit forecast.

  • Feb 4- J.C. Penney Co Inc on Tuesday reported a modest rise in quarterly comparable sales but gave no details on its gross profit margin, leading Wall Street analysts to conclude the department store operator had to resort to bigger discounts during the holiday season.

  • Jan 28- J.C. Penney Co Inc said on Tuesday it extended its poison pill until 2017, and lowered the threshold at which it would dilute the holdings of any shareholder, to prevent a takeover of the department store chain.

  • Jan 28- Struggling department store operator J.C. Penney Co Inc said it lowered the threshold for triggering a takeover defense plan to protect about $2 billion in future tax benefits.

  • UPDATE 1-Sears Canada to cut more than 1,600 jobs Wednesday, 15 Jan 2014 | 5:37 PM ET

    TORONTO, Jan 15- Sears Canada Inc plans to cut more than 1,600 jobs this year as it reorganizes and outsources some of its business, the struggling department store operator said on Wednesday.

  • NEW YORK, Jan 15- J.C. Penney Co Inc said on Wednesday it will close 33 underperforming stores and cut 2,000 jobs as part of the struggling department store chain's efforts to return to profitability.

  • J.C. Penney Co Inc shares slid 8 percent after the department store chain said on Wednesday it was "pleased" with its holiday sales performance, but skimped on specifics. It was the second most actively traded New York Stock Exchange- listed share.

  • Jan 8- J.C. Penney Co Inc said in a statement Wednesday it was "pleased" with its holiday sales performance, but provided no details on those sales, sending shares of the struggling department-store chain down 8 percent in morning trading.

  • Jan 8- Department store chain J.C. Penney Co Inc reaffirmed its forecast for a rise in comparable-store sales for the fourth quarter after what it described as a pleasing performance over the holiday period.

  • JC Penney maintains fourth-quarter forecast Wednesday, 8 Jan 2014 | 8:50 AM ET

    Jan 8- Department store chain J.C. Penney Co Inc maintained its forecast for the fourth quarter after what it described as a pleasing performance over the holiday period. However, the retailer's shares fell 7 percent to $7.64 in trading before the bell.

  • PLANO, Texas, Dec 12- J.C. Penney Co Inc is looking to the past to build its future. After two years of declining sales, the department store chain is eliminating or trimming some high-profile brands introduced by former Chief Executive Officer Ron Johnson, including its own jcp menswear, Joe Fresh clothes and some Martha Stewart- designed home furnishings.

  • JC Penney's plan: Out with the new, in with the old Thursday, 12 Dec 2013 | 2:03 PM ET

    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.

  • PLANO, Texas, Dec 12- J.C. Penney Co Inc is looking to the past to build its future. After two years of declining sales, the department store chain is eliminating or trimming some high-profile brands introduced by former Chief Executive Officer Ron Johnson, including its own jcp menswear, Joe Fresh clothes and some Martha Stewart- designed home furnishings.

  • Dec 11- Canadian department store operator Hudson's Bay Co reported a lower-than-expected adjusted quarterly profit due to higher expenses, but same-store sales at its Lord& Taylor chain in the United States returned to growth. Excluding acquisition-related and restructuring costs, Hudson's Bay earned C $8.9 million, or 7 Canadian cents per share.

  • Dec 11- Canadian department store operator Hudson's Bay Co posted a bigger third-quarter net loss, mainly due to costs related to its acquisition of U.S. retailer Saks, but reported slightly higher same-store sales from its Lord& Taylor chain. Consolidated sales of Hudson's Bay rose 6 percent to C $984.1 million.

  • The company, operator of Sears department stores and the Kmart discount chain, has been selling or spinning off assets and closing stores for the past few years to try to turn around its business. Sales have been dropping since Lampert combined Sears and Kmart in an $11 billion deal in 2005..

  • The company, operator of Sears department stores and the Kmart discount chain, has been selling or spinning off assets and closing stores for the past few years to try to turn around its business. Sales have been dropping since Lampert combined Sears and Kmart in an $11 billion deal in 2005..

  • Tilly's warns on holiday-quarter profit; shares tumble Tuesday, 26 Nov 2013 | 5:21 PM ET

    Retailers ranging from department store operator Macy's Inc to apparel retailers such as Urban Outfitters are offering huge discounts to help shift stock during what is expected to be the toughest holiday shopping season since 2008..

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