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  • 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..

  • TORONTO, Dec 3- U.S. retailers looking north in their quest for growth should consider the frosty reception Canada has so far given trendy discounter Target Corp a cautionary tale: what looks like a simple border crossing can easily go wrong.

  • 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..

  • Nov 21- Discount chain Target Corp on Thursday blamed what it called "constrained" U.S. consumer spending for a tepid rise in quarterly comparable sales, and lowered its full-year profit forecast as a Canadian expansion proved costlier than expected.

  • Nov 21- Discount chain Target Corp on Thursday blamed "constrained" consumer spending for a tepid rise in third-quarter comparable sales, and lowered its full-year profit forecast as a Canadian expansion proved costlier than expected.

  • UPDATE 1-Weak sales, more promotions hurt Sears Thursday, 21 Nov 2013 | 8:27 AM ET

    Nov 21- Sears Holdings Corp reported a wider quarterly net loss on Thursday after sales fell at both its namesake department stores and its Kmart discount chain and it invested in more promotions targeting rewards members.

  • Sears net loss widens on weak sales Thursday, 21 Nov 2013 | 6:44 AM ET

    Nov 21- Sears Holdings Corp, which operates its eponymous department stores and the Kmart discount chain, reported a wider quarterly net loss as sales fell at both chains and it invested in more promotions targeting rewards members.

  • Nov 20- J.C. Penney Co Inc on Wednesday said November sales were encouraging and popular house brands were lifting gross profit margin, suggesting the struggling department store operator is turning a corner.

  • Nov 19- Struggling department store chain Sears Canada Inc is set to give a big payout to shareholders despite a bigger quarterly loss due to one-time charges related to restructuring and asset impairment.

  • Nov 19- Struggling department store chain Sears Canada Inc reported a larger quarterly loss as it took one-time charges related to restructuring and asset impairment.

  • Nov 19- Struggling department store chain Sears Canada Inc reported a wider quarterly loss as it took one-time charges of C $42.8 million related to restructuring and asset impairment. Net loss widened to C $48.8 million, or 48 Canadian cents per share, in the third quarter, from C $21.9 million, or 22 Canadian cents per share, a year earlier.

  • Hedge funds Highfields Capital, Jana Partners and Farallon Capital Management Group took positions in the ailing department store operator, and Glenview Capital, already a big owner, added to its holdings.

  • Hedge funds Jana Partners and Farallon Capital Management Group took positions in the ailing department store operator. Barry Rosenstein's Jana Partners and Farallon, founded by Tom Steyer, each bought 500,000 shares in the Plano, Texas- based company during the quarter, regulatory filings made with the Securities and Exchange Commission on Thursday show.

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