*Sales at Costco and Gap top expectations. *Macy's, Target, Kohl's sales miss analysts' forecasts. "I think September overall is going to be OK; I don't think it's going to be great," said John Rooney, national retail& distribution sector lead for Deloitte Consulting.
Oct 4-* Thomson Reuters same store sales index ex-drugstore chains 3.6 percent in.
U.S. stock index futures added to gains after European Central Bank President Mario Draghi said growth risks are on the downside and should be contained by effective policymaker action. **NUVASIVE INC, Wednesday close $22.62, down 29.3 pct premarket. **INFORMATICA CORP, Wednesday close $33.63, down 19.7 pct premarket.
NEW YORK, Oct 4- Kohl's Corp:.
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising between 0.2 and 0.5 percent. **NUVASIVE INC, Wednesday close $22.62, down 27.4 pct premarket.
The annual Advertising Week conference is underway in New York and the big question this year is where are ad revenues growing and who's cashing in on that growth?
NEW YORK-- Macy's Inc. plans to hire about 80,000 seasonal workers this holiday season, a 2.5 percent increase from last year when the Cincinnati- based operator of Macy's and upscale Bloomingdale's hired 78,000 workers.
Even as more retail purchases are made online, it is the brick-and-mortar stores that will win out in the end, said Toys ‘R Us Chairman Jerry Storch.
What will the hot holiday toys be this year? Retailers such as Toys ‘R Us, Wal-Mart, Kmart, and Kohl’s have weighed in with their choices for this year's must-have toys.
Retailers continue to look with optimism to the Christmas holiday season ahead, despite warnings in other sectors about a potentially worsening global economy.
The promise of low interest rates over the next few years are bringing greater earnings potential to real estate investment trusts, Kimco Realty CEO David Henry said Monday on CNBC.
Here is a look at retailers that have fared well so far this month, and which stocks could be poised to make money for investors based on historical trends.
Discount retailer Target hit the bull's-eye with its better-than-expected earnings report and subsequent stock rise on Wednesday. One analyst thinks the discount retailer still has room to run.
Stocks ended narrowly mixed in lackluster trading Thursday, with the Dow breaking a four-day winning streak, as investors digested a better-than-expected jobless claims report against waning optimism over the ECB to tackle the region's debt crisis.
Traders are watching to see if the S&P 500 can break meaningfully above 1400, a three-month high water mark for the stock market, which could help propel it toward a new high for the year.
California's Inland Empire has suffered some of the harshest effects of the economic downturn. But one area of real estate here is hotter than the August heat.
This year, parents are saying they are planning on spending more on back-to-school supplies despite the tough economic times.
Estimates for the back-to-school shopping season are starting to come in and some of the reports are pretty grim, as analysts fear recent weakness in consumer spending will only grow worse in the months ahead.
Days after Target announced a new partnership with high-end department store Neiman Marcus, the company hit fresh a 52-week high on Friday. Still, one analyst thinks it has more room to run.
While Best Buy cutting back on staff is nothing new — and certainly not a surprise — it may be the first of many announcements to come from retailers, especially as the holidays approach. Last year, Best Buy cut back on its plans to hire temporary staff for the holiday, adding only 15,000 workers versus 29,000 in 2010.