Shares of Talbot's Inc. rose on Wednesday, after an analyst said the company's holiday offerings show improvement and should drive better sales and margins.
Friday, 18 Jul 2008 | Source: The Associated Press
Women's clothing retailer Talbots said Friday it finalized the terms of a $50 million credit facility with majority shareholder Aeon Inc., a U.S. subsidiary of Japanese conglomerate Aeon Co.
Retail chain Steve & Barry’s is expected to file for Chapter 11 bankruptcy as early as this week, the Wall Street Journal reported on its Web site on Tuesday.
Thursday, 3 Jul 2008 | Source: The Associated Press
Community college classes in the old mall movie theater. A DMV office across from the Starbucks. Maybe a local library between the Victoria's Secret and the Gap.
Stocks tumbled Wednesday as oil's resurgence lit the fuse of inflation fears, pushing the Dow to a three-month low. Oil jumped about $5 a barrel, settling at $136.38. Financials were the hardest hit.
Stocks plunged after the Federal Reserve cut its 2008 outlook and oil finished above $133 a barrel. The Dow shed more than 227 points, or 1.8 percent, bringing its two-day point decline to about 450.
Vacancy rates at U.S. regional malls rose and rents fell during the fourth quarter due to concerns about consumer spending and a potential slowdown in the national economy, real estate research firm Reis said.
With the tear that Talbot’s stock price has been on, I think that it is safe to say that investors like what they heard from CEO Trudy Sullivan yesterday... Read More