NEW YORK (Reuters) - 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 website on Tuesday.

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 website on Tuesday.

Athletic apparel and footwear maker Under Armour Inc. is naming former Land's End President David McCreight as its president, responsible for long-term growth strategy development.

AutoZone Inc. said Thursday its board has approved the repurchase of an additional $500 million in stock, bringing its current unused share repurchase authorization to $608 million.

Shares of broadline retailers closed up on Tuesday, as a rising dollar and falling oil temporarily eased investor concern about the economy.

Retailer Sears Holdings reported an unexpected first-quarter loss Thursday as sales fell at its Kmart and Sears stores and markdowns hurt margins, sending its shares down about 4 percent before the opening bell.

Federal regulators on Thursday fined Wal-Mart Stores Inc., Best Buy Co. Inc., and other retailers $3.9 million combined for failing to properly label analog televisions as essentially useless after the switch to digital TV next year.

Millions of Americans may be facing the prospect of losing their homes, but a handful of fund managers have become the best paid in their industry -- taking home 10-figure paychecks last year -- by betting against mortgages.

Wal-Mart and a number of other retailers have been able to trounce estimates, which had called for the worst February in five years.

Stocks declined Thursday after Federal Reserve Chairman Ben Bernanke said bank failures are likely as the housing crisis takes its toll, and a pair of economic reports came in weaker than expected.

Stocks declined Thursday after Federal Reserve Chairman Ben Bernanke said bank failures are likely as the housing crisis takes its toll, and a pair of economic reports came in weaker than expected.

Sears Holdings Corp., the department store retailer controlled by Chairman Edward Lampert, says fourth-quarter profit tumbled 48 percent, due to poor performance at its Kmart and U.S. Sears stores.

Stocks opened lower open Thursday after reports on GDP and jobless claims.

Sears Holdings reported a 47.5 percent decline in quarterly profit on Thursday on increased markdowns and lower sales at its Kmart and Sears stores.

Retailer Sears Holdings, looking to turn around its business after recent profit declines, detailed a new structure that separates its business units and simplifies the way they are managed, and its shares shot up as much as 19 percent.