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Stein Mart Inc

  • April 10- Family Dollar Stores Inc, seeking to reverse declining sales and profit, said on Thursday it is slashing prices to win shoppers, cutting jobs, and shutting hundreds of stores. Family Dollar Chief Executive Howard Levine, on a call with investors, pointed to "a more financially constrained consumer," echoing recent comments from rivals.

  • Costco Wholesale Corp on Thursday said U.S. sales at stores open at least a year rose 3 percent, while L Brands Inc reported a better-than-expected 2 percent rise, lifted by gains at its Victoria's Secret lingerie chain.

  • U.S. retailers say business picked up later in February Thursday, 6 Mar 2014 | 11:07 AM ET

    Costco Wholesale Corp on Thursday said U.S. sales at stores open at least a year rose 3 percent, while L Brands Inc reported a better-than-expected 2 percent rise, lifted by gains at its Victoria's Secret lingerie chain.

  • "Consumers are being hit by a perfect storm of events," said Craig Johnson, president of advisory firm Customer Growth Partners. Kohl's Corp on Thursday said sales in January were "significantly" lower than expected as shoppers stayed away, and the department store chain lowered its profit forecast.

  • "Consumers are being hit by a perfect storm of events," said Craig Johnson, president of advisory firm Customer Growth Partners. Kohl's Corp on Thursday said sales in January were "significantly" lower than expected as shoppers stayed away.

  • According to a corporate resolution, Loehmann's board has authorized the hiring of SB Capital Group LLC, Tiger Capital Group LLC and A&G Realty Partners LLC, which have experience handling retailer liquidations, in connection with a sale of substantially all of the company's assets.

  • Costco Wholesale Corp said sales at stores open at least a year rose 2 percent, below the 3.3 percent increase analysts were looking for, according to Thomson Reuters. Costco shares were down 1.9 percent in morning trading.

  • Bargain-hunting dents U.S. retailers' November sales Thursday, 5 Dec 2013 | 8:50 AM ET

    NEW YORK, Dec 5- Several major U.S. retailers posted disappointing sales for November after cautious shoppers pinched their pennies at the start of a shorter holiday season. Costco Wholesale Corp on Thursday said sales at stores open at least a year rose 2 percent, below the 3.3 percent increase analysts were looking for, according to Thomson Reuters.

  • It gets worse: Retail discounts go even deeper Thursday, 5 Sep 2013 | 10:20 AM ET

    Many U.S. retailers reported stronger-than-expected August sales on Thursday, but they had to use steep discounts to woo back-to-school shoppers.

  • With US help, Europe and China show green shoots Thursday, 8 Aug 2013 | 10:28 AM ET
    View from Dollar Mountain in Sun Valley, Idaho.

    Data from Europe and China are looking up. These figures support the thesis that the U.S. recovery is a help to China, and is even trickling down to Europe.

  • Gas Prices Help Costco Top Estimates, L Brands Misses Thursday, 11 Jul 2013 | 10:55 AM ET
    Customers shop at a Costco store.

    Costco Wholesale reported June same-store sales that beat analysts' estimates, while L Brands sales came in lower than expected.

  • Consumers Keep Retailers Humming as Sales Rise Thursday, 6 Jun 2013 | 11:42 AM ET

    Major retail chains reported sales increases for May that were generally in line with Wall Street's expectations, suggesting consumer spending continues to improve moderately.

  • Midday Movers: Sempra Energy, Electronic Arts & More Thursday, 23 May 2013 | 1:16 PM ET

    Take a look at some of Thursday's midday movers:

  • Confidence Back? Several Retailers Top Sales Forecasts Thursday, 7 Mar 2013 | 8:39 AM ET

    After a difficult January, when shoppers first felt the effect of a payroll tax hike that lowered take-home pay by 2 percent, some retailers got a little relief in February from growing employment and a rising stock market.

  • Retail Sales Beat Forecast Despite Payroll Tax Dent Thursday, 7 Feb 2013 | 10:12 AM ET

    Many top U.S. retailers reported strong January sales after offering compelling merchandise that drew in shoppers facing a hit to their take-home pay from higher payroll taxes.

  • Midday Movers: EBAY, KR, TGT & More Thursday, 29 Nov 2012 | 2:13 PM ET

    Take a look at some of Thursday's midday movers:

  • Retail chain revenue comparisons for October Thursday, 1 Nov 2012 | 2:41 PM ET

    Bon-Ton Stores Inc. 3.7 pct. Stage Stores Inc. 6.5 pct. Costco Wholesale Corp. 7 pct.

  • Clothing store revenue comparisons for September Thursday, 4 Oct 2012 | 6:06 PM ET

    The Buckle Inc. -0.8 pct. Ross Stores Inc. 5 pct. Stein Mart Inc. 2.4 pct.

  • Stein Mart key revenue measure up 2.4 pct in Sept. Thursday, 4 Oct 2012 | 9:38 AM ET

    JACKSONVILLE, Fla.-- Discount retailer Stein Mart Inc. said on Thursday said that a key sales figure rose 2.4 percent in September, hurt in part by stores closing in the wake of Hurricane Isaac. Stein Mart operated 262 stores at the end of September, one more than it had a year earlier. Its shares rose 5 cents to $8.65 in morning trading.

  • BRIEF-Stein Mart reports September sales Thursday, 4 Oct 2012 | 8:14 AM ET

    Oct 4- Stein Mart Inc:. *September sales rose 3.9 percent to $102.7 million. *September same-store sales view up 3.3 percent-- Thomson Reuters data.

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