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Multiline Retail

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  • Early Glance: Department Store Retail companies Monday, 2 Mar 2015 | 11:16 AM ET

    Kohl's Corp. fell$. 23 or. 3 percent, to $73.57. Macy's Inc. rose$. 37 or. 6 percent, to $64.09. Nordstrom rose$. 16 or. 2 percent, to $80.59.

  • Final Glance: Department Store Retail companies Friday, 27 Feb 2015 | 6:02 PM ET

    Kohl's Corp. rose $2.11 or 2.9 percent, to $73.80. Macy's Inc. rose$. 14 or. 2 percent, to $63.72. Nordstrom fell$. 42 or. 5 percent, to $80.43.

  • The S&P 500 ended February with a gain of 5.5 percent, its best month since October 2011. The Commerce Department said the economy grew at an annual rate of 2.2 percent in the fourth quarter, less than last month's estimate. J.C. Penney slumped 7 percent after the department store chain reported a loss.

  • Midday Glance: Department Store Retail companies Friday, 27 Feb 2015 | 1:25 PM ET

    Kohl's Corp. rose $2.27 or 3.2 percent, to $73.96. Macy's Inc. fell$. 19 or. 3 percent, to $63.40. Nordstrom fell$. 07 or. 1 percent, to $80.78.

  • The Dow Jones industrial average slipped 27 points, or 0.2 percent, to 18,187 as of 11:45 a.m. Eastern time Friday. The Commerce Department said the economy grew at an annual rate of 2.2 percent in the October-December quarter, weaker than last month's initial estimate and a big drop from the third quarter. J.C. Penney slumped 6 percent after the department store...

  • Early Glance: Department Store Retail companies Friday, 27 Feb 2015 | 11:10 AM ET

    Kohl's Corp. rose $1.60 or 2.2 percent, to $73.29. Macy's Inc. rose$. 02 or percent, to $63.60. Nordstrom rose$. 07 or. 1 percent, to $80.92.

  • Penney's shares extend fall after surprise loss Friday, 27 Feb 2015 | 9:24 AM ET

    NEW YORK— J.C. Penney's stock fell further in premarket trading Friday, a day after the department store chain reported a surprise loss amid increasing expenses even as sales improved. J.C. Penney is still trying to recover from a failed attempt to reinvent itself. Mike Ullman came out of retirement in April 2013 to retake the CEO post after Ron Johnson was ousted.

  • Feb 26- Shares of department store chain J.C. Penney Co Inc tumbled 12 percent in after-hours trade on Thursday after it posted a surprise quarterly loss and forecast small margin improvements this year. J.C. Penney said sales at stores open more than a year rose 4.4 percent in the holiday quarter, the high end of its guidance for 3.5 to 4.5 percent growth, driven by...

  • Final Glance: Department Store Retail companies Thursday, 26 Feb 2015 | 6:02 PM ET

    Kohl's Corp. rose$. 79 or 1.1 percent, to $71.69. Nordstrom fell$. 34 or. 4 percent, to $80.85. J.C. Penney Co. rose$. 13 or 1.4 percent, to $9.12.

  • Feb 26- Department store chain J.C. Penney Co Inc reported a lower-than-expected quarterly adjusted profit as it discounted more during the holiday season and invested in store expansions. J.C. Penney posted a loss of $59 million, or 19 cents per share, in the fourth quarter ended Jan. 31, compared with a profit of $35 million, or 11 cents per share, a year earlier.

  • Feb 26- Department store chain J.C. Penney Co Inc reported a 3 percent rise in quarterly sales as demand for household goods, apparel and jewelry increased during the holiday shopping season. The company posted a loss of $59 million, or 19 cents per share, in the fourth quarter ended Jan. 31, compared with a profit of $35 million, or 11 cents per share a year earlier.

  • Midday Glance: Department Store Retail companies Thursday, 26 Feb 2015 | 1:19 PM ET

    Kohl's Corp. rose$. 60 or. 8 percent, to $71.50. Macy's Inc. fell$. 56 or. 9 percent, to $63.02. Nordstrom fell$. 01 or percent, to $81.18.

  • For Macy's, going downmarket looks like the way ahead Thursday, 26 Feb 2015 | 1:03 PM ET

    Feb 26- Macy's Inc's planned push into the off-price retailing sector, dominated by chains such as TJX Cos Inc's TJ Maxx, shows the venerable department store chain has faced up to new realities of retailing in the United States. Since so many peoples' salaries are off-price they also need to shop that way, "said Robert Brusca, chief economist at consulting firm Fact...

  • UPDATE 2-Kohl's forecasts full-year sales above estimates Thursday, 26 Feb 2015 | 10:46 AM ET

    Feb 26- Department store operator Kohl's Corp forecast full-year revenue above analysts' expectations and reported higher-than-expected quarterly profit and sales, helped by demand for apparel and accessories in the holiday shopping season. Shares of Kohl's, which also said it would buy back $1 billion of shares this fiscal year, rose 3 percent to an over...

  • Early Glance: Department Store Retail companies Thursday, 26 Feb 2015 | 10:35 AM ET

    Kohl's Corp. fell$. 03 or percent, to $70.87. Macy's Inc. fell$. 16 or. 3 percent, to $63.42. Nordstrom fell$. 30 or. 4 percent, to $80.89.

  • Department store operator Kohl's profit rises 10.5 pct Thursday, 26 Feb 2015 | 7:08 AM ET

    Feb 26- Department store operator Kohl's Corp reported a 10.5 percent rise in quarterly profit, helped by higher sales of apparel and accessories in the holiday shopping season. The company's net income rose to $369 million, or $1.83 per share, in the fourth quarter ended Jan. 31 from $334 million, or $1.56 per share, a year earlier. Net sales rose 4 percent to $6.34...

  • Sears posts 11th straight quarterly loss Thursday, 26 Feb 2015 | 6:13 AM ET

    Feb 26- Sears Holdings Corp, owner of Sears department stores and the Kmart discount chain, reported its 11th straight quarterly loss as sales continued to tumble. The net loss attributable to Sears narrowed to $159 million, or $1.50 per share, in the quarter ended Jan. 31, from $358 million, or $3.37 per share, a year earlier. Sears, controlled by hedge fund manager...

  • Midday Glance: Department Store Retail companies Wednesday, 25 Feb 2015 | 1:18 PM ET

    Kohl's Corp. rose $1.07 or 1.5 percent, to $71.04. Macy's Inc. rose $1.73 or 2.8 percent, to $63.83. Nordstrom rose $1.25 or 1.6 percent, to $81.44.

  • Early Glance: Department Store Retail companies Wednesday, 25 Feb 2015 | 11:23 AM ET

    Kohl's Corp. rose$. 46 or. 7 percent, to $70.43. Macy's Inc. rose $1.14 or 1.8 percent, to $63.24. Nordstrom rose$. 42 or. 5 percent, to $80.61.

  • Final Glance: Department Store Retail companies Tuesday, 24 Feb 2015 | 6:02 PM ET

    Kohl's Corp. fell$. 03 or percent, to $69.97. Macy's Inc. fell $2.06 or 3.2 percent, to $62.10. Nordstrom fell$. 55 or. 7 percent, to $80.56.