
If the strong earnings trend keeps up next week, black will be back in style on the balance sheets of more of the nation's retailers.
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If the strong earnings trend keeps up next week, black will be back in style on the balance sheets of more of the nation's retailers.
U.S. shoe and clothing maker Kenneth Cole Productions Inc posted a narrower-than-expected quarterly loss, helped by tight cost control and inventory management, and forecast a surprise third-quarter loss.
With only 160 shopping days left, it's beginning to look a lot like Christmas in some stores. Some chains are trying to bring holiday spirit, and revenue, to the summer with "Christmas in July" promotions.
Department store operator J.C. Penney Co Inc is launching a website for teenagers as part of its effort to drive demand in the key back-to-school season, after months of sales declines.
U.S. retailer Sears is hoping not only to fulfill every child's dream of Christmas in July, but also its coffers. Sears department stores have put out winter merchandise, trying to get customers to do their holiday sh...
Mid-priced U.S. department store chains are beginning to eye the outlet store concept, which has worked for their upscale rivals, the chief executive of Tanger Factory Outlet Centers Inc said.
Upscale retailer Neiman Marcus posted a third-quarter net loss on Wednesday 10 June as sales continued to slide as consumers spend less on higher-priced items in the recession.
Credit Suisse downgraded the U.S. mall anchor sector to "underweight" from "market weight", blaming a skewed demand-supply balance and contracting consumer credit spending.
Upscale retailer Neiman Marcus is trying to renegotiate a $600 million credit line due to mature next fall, the New York Post said, citing two sources.
Upscale department store chain Nordstrom Inc posted on Thursday 14 May a 32 percent drop in quarterly net profit that was above Wall Street's estimates and raised its 2009 profit outlook, sending its shares up nearly ...