Kohl's Corp. rose$. 72 or 1.3 percent, to $55.45. Macy's Inc. rose$. 75 or 1.3 percent, to $58.05. Nordstrom rose$. 83 or 1.3 percent, to $62.41.» Read More
Sept 25- J.C. Penney Co Inc shares tumbled to their lowest in nearly 13 years on Wednesday after Goldman Sachs said it expects sales at the troubled department store chain to improve more slowly than expected. The stock slid as much as 16.5 percent to $9.94, the lowest since January 2001, before easing to $10.22.
Sept 24- Sears Canada Inc Chief Executive Calvin McDonald has resigned just as the department store chain restructures amid intensifying competition from U.S. retailers such as Target Corp and Wal-Mart Stores Inc.
Sept 24- Sears Canada Inc's Chief Executive Calvin McDonald has resigned just as the department store chain restructures amid intensifying competition from U.S. retailers such as Target Corp and Wal-Mart Stores Inc.
Sept 24- Department store chain Sears Canada Inc said Chief Executive Calvin McDonald resigned and that Chief Operating Officer Douglas Campbell would take over with immediate effect. Campbell joined Sears Canada in March 2011 and was named COO last November.
NEW YORK, Sept 13- Vornado Realty Trust Chairman and Chief Executive Steven Roth resigned on Friday from the board of department store chain J.C. Penney Co Inc, the company said in a regulatory filing.
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.
Despite the turbulent economy, many retailers say they will hire as many temporary workers for the holiday season as last year. Analyzing teen shopping trends, and which stores are hot, with Jeff Klinefelter, Piper Jaffray.
How remodeling has helped boost these companies’ bottom line.