GO
Loading...

Department Stores

More

  • Macy's Inc quarterly earnings missed analysts' estimates and the department store operator slashed its full-year same-store sales forecast, driving the stock down 5.5 percent to $56.47. Other major retailers, including Wal-Mart Stores Inc, are expected to report results on Thursday. Wal-Mart shares slipped 0.3 percent to $74.03.

  • Aug 4- Michael Kors Holdings Ltd, known for its trendy handbags and watches, said it expects margins to shrink for the year as it invests more to open stores in Europe and increases the number of shops it has in department stores. Michael Kors' shares fell more than 7 percent in early trading.

  • 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.

  • 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.

  • 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.

  • Cramer: Off life-support, now rehab for retailer Wednesday, 20 Nov 2013 | 10:42 AM ET

    Department store chain J.C. Penney becomes "just another retailer" after third-quarter earnings, CNBC's Jim Cramer said.

  • Struggling JC Penney catches a break; Stock soars Friday, 1 Nov 2013 | 4:54 PM ET

    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 plunge 15% to near 13-year low Wednesday, 25 Sep 2013 | 5:14 PM ET

    JC Penney shares tumbled to their lowest in nearly 13 years after a Goldman Sachs report projected slow sales and liquidity trouble.

  • A close look at the 'Ackman TV trade': Widlitz Friday, 9 Aug 2013 | 11:49 AM ET
    Bill Ackman

    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.

  • Lessons to watch for in Wal-Mart, Macy's earnings Thursday, 8 Aug 2013 | 2:11 PM ET

    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.

  • Here Are Retail Stocks Worth Shopping For: Pro Monday, 15 Apr 2013 | 1:17 PM ET
    Shoppers walk towards a Home Depot store in Silver Spring, Maryland.

    Despite signs the consumer may be starting to pull back, discount stores and home retailers remain attractive investment opportunities, says one analyst.

  • Should You Play JC Penney for a Bounce? Friday, 12 Apr 2013 | 1:51 PM ET

    Is the worst finally over for beleaguered department store JC Penney?

  • Avoiding Holiday Package Theft Friday, 16 Nov 2012 | 4:51 PM ET

    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.

  • Cramer's Top 3 Retail Stocks Tuesday, 17 May 2011 | 6:32 PM ET

    How remodeling has helped boost these companies’ bottom line.