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  • Feb 18- Department store operator Nordstrom Inc reported better-than-expected quarterly comparable sales, helped by strong demand for beauty products and shoes. Sales at stores open at least a year rose 1 percent, above the 0.4 percent growth expected by analysts polled by research firm Consensus Metrix. Net income fell to $180 million, or $1 per share, in the...

  • The former analyst, Charles Grom, did not downgrade the stock for discount retailer Big Lots Inc from a "buy" recommendation in 2012, despite having concerns about the company, because he wanted to maintain his relationship with the company's management, the SEC said. Grom became concerned by what he believed were cautious comments by Big Lots executives during...

  • Feb 12- Department store chain operator Kohl's Corp said it was eliminating three senior positions, including chief digital officer, to create a more "nimble organization". The other positions being eliminated are senior vice president of store environment and development and senior VP of communications and public relations, Kohl's said in an emailed...

  • Feb 12- Department store chain operator Kohl's Corp said it was eliminating three senior positions, including chief digital officer, to create a more "nimble organization".

  • Feb 5- Department store operator J.C. Penney Co Inc said it is pursuing a potential sale and partial leaseback of its headquarters in Plano, Texas. The move is expected to reduce debt and costs, the company said on Friday.

  • Jan 19- Department store operator J.C. The chain will sell kitchen and laundry appliances in a range of price points from GE, Hotpoint, LG Electronics Inc and Samsung Electronics in 22 pilot stores starting Feb. 1. "The introduction of major appliances will help us continue to significantly improve sales and gross profit per square foot in our home department,"...

  • Jan 7- Grocery chain Supervalu Inc said its board approved a possible spinoff of its fast-growing discount chain Save-A-Lot stores.

  • Jan 7- Department store operator J.C. Penney Co Inc said same-store sales surged during the holiday shopping months of November and December, spurring shares of retailers on a day global stock markets dropped on concerns over the Chinese economy. Same-store sales rose 3.9 percent in the last two months of the year due to higher online sales and strong demand for...

  • Jan 7- Canadian department store operator Hudson's Bay Co has agreed to buy online luxury retailer Gilt Groupe Holdings Inc for about $250 million. Hudson's Bay expects the deal to add about $500 million to its 2016 total sales, the company said on Thursday. Hudson's Bay, which has a market value of about C $3 billion, said it plans to open Gilt shops inside its Saks...

  • Jan 6- Macy's Inc said it would cut jobs and consolidate operations after reporting disappointing holiday sales, highlighting the department store chain's struggles to attract customers. Also, Amazon.com Inc has revolutionized shopping habits, conditioning shoppers to expect deeper discounts than what brick-and-mortar retailers can afford.

  • Jan 6- Department store chain Macy's Inc, which lowered its full-year earnings expectations for the second time, said it would cut jobs and consolidate its operations, starting early 2016.. The company said it expects to generate about $400 million in savings beginning this year. Macy's on Wednesday cut its full-year 2015 earnings forecast to $3.85- $3.90 per...

  • LONDON, Jan 6- Britain's John Lewis Partnership maintained its full-year profit guidance thanks to a strong Christmas performance from its department stores which reported robust fashion sales despite a mild start to winter. Next blamed Britain's unusually warm weather in November and December for a sharp slowdown in sales growth. The John Lewis...

  • LONDON, Jan 6- John Lewis Partnership, owner of Britain's biggest department store chain and upmarket grocer Waitrose, maintained its full-year profit guidance after reporting relatively strong Christmas trading. It blamed Britain's unusually warm weather in November and December for a slowdown in sales growth. The Partnership has outperformed rivals...

  • A screen showing Black Friday deals on Amazon.com

    Tax officials have launched a crackdown on VAT evasion by overseas online retailers, the Financial Times reports.

  • Dec 10- Canadian department store operator Hudson's Bay Co posted a 34 percent rise in quarterly sales, helped by higher same-store sales in North America and Europe and strong online sales. Hudson's Bay also plans to increase sales significantly over the next five years at about 136 Kaufhof stores in Germany and Belgium. Hudson's Bay said on Thursday total...

  • WASHINGTON, Dec 9- Israeli politicians and more than 370,000 Britons urged their governments on Wednesday to bar Donald Trump from their countries after the Republican presidential front-runner said Muslims should be denied entry into the United States. A major chain of Middle East department stores halted sales of the real estate mogul's glitzy " Trump...

  • DUBAI, Dec 9- U.S. presidential candidate Donald Trump's anti-Muslim comments cost him business in the Middle East on Wednesday, with a major chain of department stores halting sales of his glitzy " Trump Home" line of lamps, mirrors and jewellery boxes. Trump Home products, like a "table lamp in antique brass with crystal drops" and a decorative box with a "brilliant...

  • Dec 9- Canadian dollar-store operator Dollarama Inc reported a 37 percent rise in quarterly profit as same-store sales increased and customers bought more higher-priced items. Net income rose to C $100.1 million, or 78 Canadian cents per share, in the third quarter ended Nov. 1, from C $73 million, or 55 Canadian cents per share, a year earlier.

  • Dec 3- Dollar General Corp reported a smaller-than-expected rise in same-store sales as its core customer base spent less, but the No.2 U.S. discount retailer by store count managed to eke out higher profits by keeping a tight lid on costs. A pullback in customer spending and warmer-than-usual weather has reduced sales at a number of retailers such as Macy's Inc...

  • A customer walks into a Dollar General store near Montpelier, Vermont.

    Dollar General, the No.2 U.S. discount retailer, reported lower-than-expected quarterly net sales as consumer spending showed few signs of recovery.