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  • Dec 4- Dollar General Corp reported a 7.8 percent rise in quarterly sales and said it remained committed to buying Family Dollar Stores Inc, which has already agreed to be acquired by Dollar Tree Inc.. Dollar Tree will unseat Dollar General as the No. 1 U.S. deep-discount retailer if it closes the deal with Family Dollar. Dollar General's net income slipped to...

  • Nov 20- Discount retailer Dollar Tree Inc said it was confident it would need to divest fewer stores than anticipated to win antitrust approval to buy Family Dollar Stores Inc.. Dollar Tree's shares rose as much as 7 percent to a record high of $67.08 on Thursday. Dollar Tree will become the largest U.S. dollar store chain if it pulls off the deal by fending off a...

  • Dollar Tree posts best sales growth since 2011 Thursday, 20 Nov 2014 | 11:12 AM ET
    A Dollar Tree store in Miami, Florida.

    Discount retailer Dollar Tree raised its sales outlook for the year after recording its strongest growth in quarterly same-store sales since 2011.

  • Nov 20- Discount retailer Dollar Tree Inc raised its sales outlook for the year after recording its strongest growth in quarterly same-store sales since 2011.. Dollar Tree, which like other discounters is facing competition from small-format stores opened by big retailers such as Wal-Mart Stores Inc, will become the largest dollar store chain if it pulls off...

  • Nov 20- Discount retailer Dollar Tree Inc reported its strongest growth in quarterly same-store sales since 2011.. Dollar Tree's net income rose 6 percent to $133 million, or 64 cents per share, in the third quarter ended Nov. 1. Dollar Tree has agreed to buy Family Dollar Inc but the deal is facing a challenge from Dollar General Corp, the No. 1 U.S. discount chain.

  • Nov 18- Struggling department store chain Sears Canada Inc reported its 10th loss in 15 quarters, showing little sign that its turnaround plans are bearing fruit. Sales at the company's stores has been declining for years, faced with tough competition from U.S.-based rivals such as Wal-Mart Stores Inc, Target Corp and Nordstrom Inc.. Sears Canada, most of whose...

  • Sears Canada posts loss as sales fall Tuesday, 18 Nov 2014 | 7:09 AM ET

    Nov 18- Sears Canada Inc reported its third straight quarterly loss, as sales continued to decline at the struggling department store chain. Net loss widened to C $118.7 million, or C $1.16 per share, in the third quarter ended Nov. 1, from C $48.8 million, or 48 Canadian cents per share, a year earlier. The company, in which Sears Holdings Corp has a stake, said revenue fell...

  • Nov 13- Department store operator Kohl's Corp's quarterly profit and revenue missed estimates as same-store sales dipped below the company's own estimate, in sharp contrast to Wal-Mart Stores Inc, which posted its first rise in U.S. same-store sales in seven quarters. Kohl's shares fell as much as 4 percent to $55.63 in morning trading, while Wal-Mart's shares...

  • Nov 13- Department store operator Kohl's Corp reported lower-than-expected quarterly sales and profit as comparable-store sales declined more than the company's own estimate and costs rose. Rival J.C. Penney Co Inc on Wednesday reported flat comparable-store sales as autumn sales slow, while Macy's Inc said it expected comparable-store sales, excluding...

  • Kohl's quarterly profit falls 20 pct on weak demand Thursday, 13 Nov 2014 | 7:21 AM ET

    Nov 13- Department store operator Kohl's Corp reported a nearly 20 percent drop in quarterly profit, hurt by a bigger-than-estimated decline in comparable-store sales and increased costs. The company's net income fell to $142 million, or 70 cents per share, in the third quarter ended Nov. 1, from $177 million, or 81 cents per share, a year earlier.

  • Nov 12- Department store operator Macy's Inc forecast higher same-store sales growth in the holiday quarter as it boosts online services, and reported a better-than-expected quarterly profit as costs fell. Macy's, which also owns the high-end Bloomingdale's chain, said it expects same-store sales, excluding licensed stores, to grow 1.8-2.8 percent in the...

  • Nov 12- Department store operator Macy's Inc forecast faster same-store sales growth in the holiday quarter, and reported a better-than-expected quarterly profit as costs fell. Same-store sales at Macy's, which also owns the high-end Bloomingdale's chain, has either declined or grown slower than a year ago for 11 quarters now, except the second quarter ended...

  • LONDON, Nov 6- Britain's Morrisons posted another big fall in quarterly sales as shoppers sought savings in discount chains or paid more for upmarket treats though the grocer said its plan to address changing industry trends was working. With wages stagnant, discounters are booming and all Britain's grocers have responded by cutting prices, hitting profits.

  • LEEDS, England, Nov 6- British supermarket operator J Sainsbury Plc's answer to discounters Aldi and Lidl was unveiled on Thursday, with the opening of its first Netto-branded store in northern England tasked to win over thrifty shoppers. Sainsbury and Dansk Supermarked, Denmark's largest retailer whose Netto brand is present in five countries, have each...

  • At least 46 Kmart stores, 30 Sears department stores and 31 Sears Auto Centers are scheduled to close before the end of January, said the report. The company, which is struggling to reduce costs as its sales dwindle, closed 75 Kmart stores and 21 Sears stores in the first half of 2014.. Sears had 1,077 Kmart stores and 793 Sears stores in the United States as of Aug. 2.

  • Family Dollar profit falls by a third Thursday, 10 Jul 2014 | 7:22 AM ET
    Family Dollar store

    Family Dollar's earnings fell by a third as the company resorted to discounts to clear inventory and competition intensified.

  • Costco results miss estimates as costs rise Thursday, 29 May 2014 | 5:24 AM ET
    A Costco store in Alhambra, Calif.

    Costco reported third-quarter results below analysts' estimates hurt by an increase in merchandise costs and other expenses.

  • 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.

  • 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.

  • 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.