Retail
Specialty Retail
Students are spending less on course materials by becoming savvier shoppers.
JPMorgan is positive on Gap as a near-term specialty retail pick despite long-term mall-based and retail worries.
*Bogliolo to join by Oct. 2. July 13- Tiffany& Co named a former Bulgari SpA executive to its top job, the second time the iconic New York jewelry retailer has tapped the Italian luxury house for senior hires this year. Tiffany, which has been struggling to turn around sales amid faltering demand for its high-end jewelry, named Alessandro Bogliolo chief executive,...
July 5- Shares of U.S. auto parts retailers fell sharply on Wednesday after O'Reilly Automotive Inc said its same-store sales were much below the company's estimates for the second quarter because of a mild winter and weak demand. O'Reilly's stock ended down 18.9 percent to $178.77, its biggest daily percentage drop on record, and also took down shares of its...
July 5- Shares of U.S. auto parts retailers fell sharply on Wednesday after O'Reilly Automotive Inc said its same-store sales were much below the company's estimates for the second quarter, due to a mild winter and weak demand. O'Reilly's stock plunged as much as 21.1 percent to a more than two-year low of $173.89, while also recording its biggest intraday...
June 28- Sycamore Partners said on Wednesday it would acquire U.S. office supplies chain Staples Inc for $6.9 billion, a rare bet by a private equity firm this year in the U.S. retail sector, which has been roiled by the popularity of internet shopping. Buyout firms largely have refrained from attempting leveraged buyouts of U.S. retailers in the past two years, amid...
June 28- Sycamore Partners said on Wednesday it would acquire U.S. office supplies chain Staples Inc for $6.9 billion, a rare bet by a private equity firm this year in the U.S. retail sector, which has been roiled by the popularity of internet shopping. Buyout firms have largely refrained from attempting leveraged buyouts of U.S. retailers in the last two years, amid...
Russian billionaire Fridman's fund L1 Retail has agreed to buy Holland & Barrett for about $2.3 billion, according to a source.
Sycamore Partners is in advanced talks to buy Staples, people familiar with the matter said Wednesday, in a deal that could top $6 billion.
June 21- Private equity firm Sycamore Partners is in advanced talks to acquire Staples Inc following an auction for the U.S. office supplies retailer, people familiar with the matter said on Wednesday, in a deal that could top $6 billion. Framingham, Massachusetts- based Staples and New York- based Sycamore declined to comment. Staples has 1,255 stores in the...
June 21- Private equity firm Sycamore Partners is in advanced talks to acquire Staples Inc following an auction for the U.S. office supplies retailer, people familiar with the matter said on Wednesday, in a deal that could top $6 billion. Framingham, Massachusetts- based Staples and New York- based Sycamore declined to comment. Staples has 1,255 stores in the...
The average American household spends more than $4,000 each year on food. If Amazon buys Whole Foods, analysts expect those costs to drop.
Jim Cramer knows the word "tech" has rattled the Street lately, but thinks one stock could offer a safe haven when the tides change.
Jim Cramer inspects the bouncing stock of Rent-A-Center to see if the move holds weight or if the bump is rumor-based.
Jim Cramer inspects the bouncing stock of Rent-A-Center to see if the move holds weight or if the bump is rumor-based.
Jim Cramer knows the word "tech" has rattled the Street lately, but thinks one stock could offer a safe haven when the tides change.
Jim Cramer reveals which company could bring the heat this summer.
Jim Cramer sat down with discount chain chief Mark Butler, who said nothing reels in U.S. buyers like a bargain.
Jim Cramer sat down with discount chain chief Mark Butler, who said nothing reels in U.S. buyers like a bargain.
Jim Cramer sat down with discount chain chief Mark Butler, who said nothing reels in U.S. buyers like a bargain.
