GO
Loading...

Enter multiple symbols separated by commas

Retail Multiline Retail

More

  • Aug 27- Discount retailer Dollar General Corp reported a 7.9 percent rise in quarterly sales, helped by increased customer traffic in its stores. Net income rose to $282.3 million, or 95 cents per share, in the second quarter ended July 31 from $251.3 million, or 83 cents per share, a year earlier. Sales rose to $5.10 billion from $4.72 billion, while same-store sales...

  • Aug 24- Fashion department store operator Belk Inc said it would be acquired by private equity firm Sycamore Partners in a deal valued at about $3 billion, including debt.

  • The return to profit, as well as the drop in sales, were flagged earlier this month in an earnings preview by the company, which runs the Sears department store and Kmart discount store chains. The REIT has leased the stores back to Sears for operation. Sears expects a $1.4 billion gain from that transaction.

  • The return to profit, as well as the drop in sales, were flagged earlier this month in an earnings preview by the company, which runs the Sears department store and Kmart discount store chains. The REIT has leased the stores back to Sears for operation. Sears expects a $1.4 billion gain from that transaction.

  • *J.C. Penney, Nordstrom rise after strong results. J.C. Penney and Nordstrom both rose after the department store chains posted better-than-expected quarterly results. J.C. Penney was up 5.1 percent at $8.48 while Nordstrom jumped 3.7 percent to $77.72 and was among the biggest percentage gainers in the S&P 500, while the S&P retail index was up 0.4 percent.

  • Aug 14- J.C. Penney Co Inc reported a smaller-than-expected quarterly loss, helped by demand for home goods and high-end Sephora beauty products, indicating that the department store operator's turnaround efforts were starting to pay off. J.C. Penney has been increasing the number of stores run by popular beauty brand Sephora- owned by luxury giant LVMH- within...

  • Aug 14- J.C. Penney Co Inc reported a smaller-than-expected quarterly loss, helped by demand for home goods and high-end Sephora beauty products, indicating that the department store operator's turnaround efforts were starting to pay off. The stores, opened following pressure from activist investor Bill Ackman during J.C. Penney's ill-fated attempt to go...

  • Aug 14- Department store operator J.C. Penney Co Inc reported a smaller-than-expected quarterly loss, helped by higher sales of home goods, fine jewelry and Sephora beauty products. J.C. Penney has been increasing the number of stores run by popular beauty brand Sephora, which is owned by luxury goods maker LVMH, within its stores to attract shoppers.

  • Aug 14- Department store operator J.C. Penney Co Inc reported a 2.7 percent rise in quarterly revenue, helped by higher sales in its home and fine jewelry categories and at the Sephora departments in its stores. The company's net loss narrowed to $138 million, or 45 cents per share, in the second quarter ended Aug. 1, from $172 million, or 56 cents per share, a year earlier.

  • Aug 13- Department store operator Kohl's Corp reported lower-than-expected same-store sales in the second quarter as consumers delayed back-to-school shopping due to a shift in tax holidays to August. Kohl's net income fell 44 percent to $130 million, or 66 cents per share, in the quarter ended Aug. 1. Excluding items, it earned $1.07 per share, missing analysts'...

  • Aug 13- Department store operator Kohl's Corp reported lower-than-expected same-store sales for the second quarter as a shift in tax-free holidays to August delayed back-to-school shopping. The company's net income fell to $130 million, or 66 cents per share, in the second quarter ended Aug. 1 from $232 million, or $1.13 per share, a year earlier.

  • Aug 12- Alibaba Group Holding Ltd said it signed an agreement with the Chinese joint venture of Macy's Inc to set up the U.S. retailer's store on its online marketplace, Tmall Global. The deal makes Macy's the first U.S. department store chain to join Tmall Global, Alibaba said on Wednesday. Alibaba and its newer rival JD.com Inc have been trying to win deals with...

  • The 100- year-old retailer- backed by Canadian Pension Plan Investment Board and Ares Management LP- sells apparel, handbags, shoes, cosmetics and designer jewelry. Dallas- based Neiman Marcus operates 41 department stores bearing its name, the famed Bergdorf Goodman store on Manhattan's Fifth Avenue and the Last Call off-price chain. Neiman Marcus's...

  • SAN FRANCISCO, Aug 3- Macy's Inc said on Monday the department store chain will expand same day delivery services to nine cities and metropolitan areas this month, pushing into an aggressive field dominated by e-commerce giant Amazon.com Inc.. Macy's, the nation's largest department store chain, said it will now offer same day delivery to customers in 17...

  • SEOUL, July 29- Sales at top South Korean department stores in June fell more than reported earlier to mark the worst drop on record, revised government data showed on Wednesday, as an outbreak of Middle East Respiratory Syndrome prompted consumers to cut spending. The trade ministry said sales at department store chains run by Hyundai Department Store, Lotte...

  • LONDON, July 28- All of Britain's so-called "big four" supermarkets saw sales fall over the last 12 weeks in an overall market that grew marginally, with discounters continuing to take share from their bigger rivals, industry data showed on Tuesday. Kantar Worldpanel said Asda, the British arm of U.S. retailer Wal-Mart, suffered the biggest sales fall over the 12...

  • July 16- Shares of U.S. deep discount retailer Ollie's Bargain Outlet Holdings Inc, known for the catch phrase "good stuff cheap," rose as much as 43.7 percent in their debut, valuing the company at up to $1.31 billion. The stock was priced at $16 per share, above the top end of the expected price range of $13- $15. Private equity firm CCMP Capital Advisors LLC holds about 61...

  • Shares of discount retailer Ollie's Bargain rise in debut Thursday, 16 Jul 2015 | 10:45 AM ET

    July 16- Shares of U.S. deep discount retailer Ollie's Bargain Outlet Holdings Inc, known for the catch phrase "good stuff cheap", rose as much as 43.7 percent in their debut, valuing the company at up to $1.31 billion. The stock was priced at $16 per share, above the top end of the expected price range of $13- $15. JPMorgan Securities, Jefferies, Merrill Lynch, Pierce, Fenner&...

  • *Shoprite set to miss annual sales forecasts. *Massmart sales grow 9 pct. JOHANNESBURG, July 15- South Africa's Woolworths Holdings Ltd said sales had surged 55 percent over the past year, boosted by the first contribution from David Jones after it bought the Australian department store chain last August.

  • July 14- Sears Holdings Corp has hired a former Levi Strauss& Co executive to head its Sears business as it looks to revive sales through its customer loyalty program. Joelle Maher, who will be named president and chief member officer of the Sears business, will be responsible for aligning the operations of the Sears department store chain with Sears Holdings' "...