Target Q2 Profit Hit by Canadian Expansion, Softer Sales

Target to Try on New Size at Retail

Minneapolis—Target Corp.’s second quarter profit edged past expectations today but the costs of its Canadian expansion and … [Read more...]

Despite a Profit Increase, AEO’s Q2 Sales Decline, Forecast Lowered

American Eagle Outfitters

Pittsburgh—Despite an uptick in profit, American Eagle Outfitters (AEO) suffered a drop in sales during its second quarter—and the … [Read more...]

Swiss Watch Brand Claims Knock Off by Hilfiger, Movado

Tommy Hilfiger Eton watch made by Movado Group

New York—Audemars Piguet, a 140-year-old high-end Swiss watchmaker, is charging Movado Group  and Tommy Hilfiger USA with knocking … [Read more...]

JCPenney Q2 Loss Nearly $600 Million, Sales Down 12%


Plano, TX—No one was expecting good news at JCPenney’s second quarter report released today, but the struggling department store … [Read more...]

TJX Q2 Beats Estimates, Raises Full Year Outlook

TJX Cos.

Framingham, MA—Consumer demand for bargains helped TJX Cos. into a 14% second quarter profit increase and into a higher forecast … [Read more...]

Full Price Sales Help Urban Outfitters into a 25% Profit Increase


Philadelphia—Urban Outfitters Inc. said Monday afternoon that more full price sales and improved gross margin resulted in a 25% … [Read more...]

Saks Inc. Swings into Larger-Than-Expected Q2 Loss

Proenza Schouler handbags at Saks Fifth Avenue

New York—While Saks Inc. has 40 days to find another company to outbid Hudson’s Bay Company’s $16 a share (about $2.4 billion) … [Read more...]

JCPenney to Allow Ackman to Sell a Majority Stake


Plano, TX—William Ackman, the activist board member at JCPenney whose Pershing Square Capital hedge fund is the retailer’s largest … [Read more...]

Despite Q2 Profit Rise, Nordstrom Lowers Full Year Forecast


Seattle—Shares of Nordstrom fell in early trading today after the retailer reported Thursday afternoon that it lowered its full … [Read more...]

Walmart Cuts Full Year Profit Forecast as Shoppers Cut Back

Walmart checkout

Bentonville, AR—Confirming a concern that middle income consumers have been reluctant to spend on discretionary purchases, Walmart … [Read more...]

Kohl’s Q2 Results Match Expectations; Increases Full Year Outlook

Kohl's holds back-to-school Pinterest contest

Menomonee Falls, WI--Following disappointing Q2 sales results from Walmart and Macy’s, Kohl’s today saw its shares rise as its … [Read more...]

Lower Costs Ease Dillard’s into Better-Than-Expected Q2 Profit

Dillard's store

Little Rock, AR—Dillard’s Inc. reported Wednesday a second quarter profit increase that beat analysts’ estimates as the department … [Read more...]