Plano, TX—"We recognize the magnitude of the challenges that we face, and we believe we can put JCPenney back on a pathway to … [Read more...]
Reports
Accessories magazine’s Annual Census Report; industry statistics; retail earnings
Nordstrom Q1 Hits Chill, Misses Forecasts
Seattle—Shares of Nordstrom dropped Thursday after the retailer reported weaker-than-expected first quarter earnings due to cold … [Read more...]
Stage Stores Swing into Wider Q1 Loss on Costs, Slowed Sales
Houston—Blaming cooler weather that hindered consumers from shopping for spring merchandise in March and April, Stage Stores … [Read more...]
Walmart Reports “Difficult” Q1 with Disappointing Earnings
Bentonville, AR—"Frankly, we had a more difficult quarter than expected," Mike Duke, Walmart’s chief executive, told analysts … [Read more...]
Despite Sales Slip, Kohl’s Beats Q1 Profit Expectation
Menomonee Falls, WI—Kohl’s Corp. reported today that its first quarter profit fell 4.5% but the nation’s third largest … [Read more...]
Dillard’s Q1 Profit Rises on Better Comp Sales, Gross Margin
Little Rock, AR—Dillard’s Inc. reported Wednesday that its first quarter profit beat estimates thanks to improved sales and … [Read more...]
Macy’s Inc. Posts Impressive Profit Despite Difficult Q1
New York—Macy’s Inc. proved again to be a market leader today as its first quarter profit increased 20% despite challenges … [Read more...]
Bon-Ton Stores Q1 Sales Rise
York, PA-- Bon-Ton Stores has reported Monday a slight increase in first-quarter sales, despite the impact of unfavourable weather … [Read more...]
Caché Q1 Loss Widens on Taxes, Charges
New York—Caché swung into a wider first quarter loss as it faced a larger income tax provision and employee separation … [Read more...]
Gap Inc.’s April Comp and Q1 Sales Beat Forecasts
San Francisco—Buoyed by sales at its Gap and Old Navy stores, Gap Inc. reported Thursday afternoon April comparable store sales … [Read more...]
Ann Inc. Lowers Q1 Forecast as Weather, Promotions Hit Sales
New York—Ann Inc., owner of Ann Taylor and LOFT stores, said Thursday that it Ann Inc. lowered its first quarter outlook due to … [Read more...]
Amid Turnaround, Bebe Stores’ Loss Continues
Brisbane, CA—Bebe Stores Inc. said Thursday that its third quarter adjusted loss was 14 cents a share beating analysts’ … [Read more...]
