San Francisco—Gap Inc.’s turnaround plans seem to be right on schedule. The specialty retailer reported Thursday afternoon … [Read more...]
News
Sears Swings into Larger-Than-Expected Q1 Loss
Chicago—Shares of Sears Holdings Corp. tumbled about 16% in trading today after the retailer reported Thursday night a … [Read more...]
Bon-Ton Narrows Q1 Loss With Higher Sales, Lower Markdowns
York, PA—Bon-Ton Stores has seen its first-quarter losses narrow, boosted by higher sales and fewer markdowns. The company, … [Read more...]
Buckle Inc. Q1 Profit Edges Down on Higher Costs
Kearney, NE—Buckle, Inc. said Thursday its first quarter profit fell slightly as its operating expenses increased. For the … [Read more...]
Week in Review: Top Articles Online
New York--As retailers struggled through some not-so-pleasing first quarter earnings reports this week, several reasons for … [Read more...]
Ralph Lauren Q4 Profit Jumps, But Sales Miss
New York—While Ralph Lauren Corp. today beat estimates with a 35% rise in its fourth quarter profit, the company’s sales and … [Read more...]
Report: Neiman Marcus + Saks Deal Pending?
New York—Could longtime luxury retail rivals Neiman Marcus and Saks Inc. be headed for a corporate marriage? That’s the … [Read more...]
Sales Rise Bolsters L Brands Q1 Profit
Columbus, OH—L Brands Inc. (formerly known as Limited Brands) posted Wednesday a 14% increase in first quarter earnings as sales … [Read more...]
American Eagle Outfitters Q1 Profit Hit by Sales Decline
Pittsburgh—“A tough macro-environment as well as cooler weather” hindered sales in American Eagle Outfitters Inc. first … [Read more...]
Cato Q1 Profit Down 3% on Softer Sales
Charlotte, NC—Cato Corp. said today its first quarter profit declined 3% as sales fell due to “difficult economic … [Read more...]
Weak Sales Cut Target’s Q1 Profits by 29%
Minneapolis—Following up its April warnings that its first quarter results would be weaker than expected, Target Corp. today … [Read more...]
TJX Q1 Profit Up 8% on Comp Sales, Margins
Framingham, MA—TJX Companies, one of the largest off-price retailers, said Tuesday that its fiscal first quarter profit rose 8% … [Read more...]
