Reports

Accessories magazine’s Annual Census Report; industry statistics; retail earnings

As Earnings Reports Roll In, Retail Stocks Outperform Other Industries: Report

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New York—The stock market has been making impressive gains the last week or so. And one of the chief industry sectors pushing up … [Read more...]

JCPenney’s Q4 Earnings Miss Dents Shares, But Sales Improve

JCPenney storefront

Plano, TX—JCPenney once again saw its shares battled after reporting late Thursday that its adjusted fourth quarter earnings were … [Read more...]

Gap Inc. Q4 Earnings Beat Estimate as Old Navy Leads Sales Gain

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San Francisco—Gap Inc. reported Thursday afternoon a better-than-expected fourth quarter earnings helped by strong increases again … [Read more...]

Ross Stores Q4 Top Views, Plans $1.4 Billion Buyback

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Pleasanton, CA—“Robust comparable sales gain” and improved gross margin helped Ross Stores into a 14% increase in its fourth … [Read more...]

Target CEO: No Minimum Wage Increase Anytime Soon

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Minneapolis—Don’t expect Target to follow suit to its bigger rival Walmart and raise its employees’ minimum wages despite … [Read more...]

Amid Narrowed Q4 Loss, Sears Holdings Plans to Sell Off Stores

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Hoffman Estates, IL—Despite a smaller fourth quarter loss than last year, Sears Holdings plans to continue on Chairman Edward … [Read more...]

Kohl’s Q4 Results Beat Estimates, to Increase Omnichannel Spending

Kohl's introduces the LC Lauren Conrad collection, a modern interpretation of the timeless tale, Cinderella

Menomonee Falls, WI—Kohl’s Corp. reported today a better-than-expected fourth quarter as its comparable store sales … [Read more...]

Chico’s to Close 120 Stores; Takeover Plans Abandoned

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Fort Myers, FL—Chico’s FAS said today it plans to shutter 120 stores by 2017, and slow down opening new stores. The women’s … [Read more...]

Target Swings into Q4 Loss on Exit from Canada, But Sales Increased

Shopping carts are stacked inside a Target store in Dallas

Minneapolis—Target Corp. reported today that it swung into a fourth quarter loss, hurt by a major loss from its exit from Canada. … [Read more...]

Hudson’s Bay Launches Two Real Estate Joint Ventures

Part of the Deal: Saks Fifth Avenue flagship in Beverly Hills

Toronto and New York—In another display of Chairman/CEO Richard Baker’s acumen, Hudson’s Bay Company announced today it would be … [Read more...]

Marshalls, T.J. Maxx to Raise Minimum Wage to $9 an Hour

TJX Cos.

Framingham, MA—A week after Walmart announced it would give half a million of its employees raises to $9 an hour, TJX Companies … [Read more...]

Macy’s Inc. Issues Weak Outlook as It Invests in New Initiatives

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Cincinnati—Talking up its new endeavors, such as an off-price chain, Blue Mercury, omnichannel selling etc., Macy’s Inc. today … [Read more...]