GO
Loading...

Multiline Retail

More

  • Watch out Amazon! Wal-Mart is coming: Retail pro Wednesday, 14 May 2014 | 8:29 AM ET

    Wal-Mart is fast becoming a "fierce threat" to Amazon's dominance of online shopping, a leading retail analyst tells CNBC.

  • Macy's sales fall as severe winter keeps US shoppers away Wednesday, 14 May 2014 | 8:11 AM ET

    May 14- Macy's Inc reported a 1.7 percent decline in quarterly sales as a severe winter across parts of the United States deterred shoppers from visiting its department stores. The company, which also owns the high-end Bloomingdale's chain, said revenue fell to $6.28 billion in the first quarter ended May 3 from $6.39 billion, a year earlier.

  • May 14- Sears Holdings Corp said it was looking to sell its 51 percent stake in Sears Canada Inc and could even put the whole Canadian department store operator up for sale. Shares of Sears Holdings, controlled by hedge fund billionaire Eddie Lampert, rose 8 percent to $46.48 in premarket trading.

  • TORONTO, May 8- Target Stores Inc's problems in Canada may have started with its first step: deciding to occupy the premises of a failed discount chain that didn't have the panache Canadians anticipated they would find in a retailer renowned for its "cheap chic."

  • TORONTO, May 8- Target Stores Inc's problems in Canada may have started with its first step: deciding to occupy the premises of a failed discount chain that didn't have the panache Canadians anticipated they would find in a retailer renowned for its "cheap chic."

  • ANALYSIS-Lululemon's status as yogawear's top dog at risk Wednesday, 16 Apr 2014 | 4:13 PM ET

    NEW YORK, April 16- Still hurting from last year's see-through yoga pants debacle, Lululemon Athletica Inc is about to face a new headache: stepped up competition from rival yoga retailers, department stores and hot new brands.

  • *Beats nil-premium merger proposal from Australia's Myer. SYDNEY, April 9- South African retailer Woolworths Holdings Ltd is set to buy struggling Australian department store operater David Jones for $2 billion after trumping an offer from Myer Holdings Ltd, it was announced on Wednesday.

  • *Beats nil-premium merger proposal from Australia's Myer. SYDNEY, April 9- South African retailer Woolworths Holdings Ltd is set to buy Australia's second-largest department store David Jones for $2 billion, trumping an offer from Australian rival Myer Holdings Ltd with a hefty premium.

  • April 3- Canadian department store operator Hudson's Bay Co, which bought U.S. luxury chain Saks Inc last year, forecast weaker-than-expected 2014 earnings as it spends more to build up its online shopping sites.

  • TOKYO, April 3- Seven& I Holdings Co, the world's biggest convenience store operator, forecast a slowdown in profit growth for the year from March 1 as a sales tax increase erodes earnings at its supermarkets and department stores even as sales remain strong at its 7- Eleven shops.

  • HELSINKI, April 1- Finnish retailer Stockmann is freezing plans to open more department stores in Russian cities due to the uncertainty caused by the Crimean crisis, the company's chief executive said on Tuesday. Expansion in Russia had been one of the firm's strengths over the past decade.

  • Amazon stores? 3 reasons strip malls won't die Monday, 24 Mar 2014 | 11:05 AM ET
    Commercial real estate for sale.

    Strip malls will survive the competition from online retailers, and may even one day include Amazon stores, predicted David Henry, chief executive of Kimco Realty.

  • March 21- Nordstrom Inc is postponing the opening of its discount Rack stores in Canada until 2017, to focus on the launch of its full-line department stores there, its first department stores abroad.

  • Not pretty: Tiffany swings to a loss on legal woes Friday, 21 Mar 2014 | 10:31 AM ET
    Customers carry Tiffany & Co. shopping bags outside the company's flagship store in New York, March 18, 2014.

    Tiffany reported a loss in the fourth quarter, due primarily to losing an arbitration ruling involving The Swatch Group.

  • March 10- Target Corp has been sued by Swatch Group SA, which accused the second-largest U.S. discount retailer of illegally selling watches that copy its own. In a lawsuit made public on Monday in U.S. District Court in Manhattan, Swatch, which is known for its plastic namesake watches, accused Target of infringing its designs for "zebra" and "multi-color" watches.

  • Deep discounting eats into Costco's holiday profit Thursday, 6 Mar 2014 | 9:55 AM ET
    A Costco store in Alhambra, Calif.

    Costco Wholesale's profit fell 15 percent, missing estimates, hurt by weaker gross margins in its fresh-food business and some non-foods merchandises.

  • JCP loss smaller than expected, stock soars 15% Wednesday, 26 Feb 2014 | 4:02 PM ET
    A family exits a J.C. Penney Co. store at the Collin Creek Mall in Plano, Texas, on Sunday, Feb. 23, 2014.

    JC Penney reported a quarterly loss that was smaller than expected on Wednesday, but revenue trailed analysts' expectations.

  • Target staff say they warned of security flaws Friday, 14 Feb 2014 | 5:48 PM ET

    At least one analyst at Target pushed for an investigation into payment systems after government and industry reports.

  • Brookstone may file for bankruptcy: Report Thursday, 13 Feb 2014 | 2:21 PM ET
    A Brookstone store in Santa Monica, California.

    The seller of gadgets, wine accessories, and furniture is in talks with firms about investing. The WSJ reports.

  • 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.