Goldman Sachs


Survey: Thanksgiving Weekend to Be “Shopping Intensive”

Holiday Sales

New York—Black Friday (and Cyber Monday) are usually among the top three shopping days of the year…but now—as more retailers plan … [Read more...]

ICSC: Retail Sales Picked Up after Shutdown Ended

Shopping

New York—If you think you breathed a sign of relief when Congress finally ended the shutdown and voted a debt ceiling increase, … [Read more...]

JCPenney Offers Shares to Raise Cash Ahead of Holiday

JCPenney

Plano, TX—Only hours after its CEO Myron “Mike” Ullman told analysts he didn’t see “conditions for the rest of the year that would … [Read more...]

JCPenney’s Shares Rebound on Positive Turnaround Comments

JCPenney storefront

Plano, TX—After its shares fell below $10 for the first time since 2000, JCPenney today saw a rebound after it indicated it … [Read more...]

Report: JCPenney Explores Further Financing

JCPenney

Plano, TX—JCPenney reportedly is working with Goldman Sachs Group Inc. about raising additional capital, possibly seeking loans … [Read more...]

On Eve of Buyout, Rue21 Posts 88% Drop in Q3 Profits

rue21

Warrendale, PA—Rue21 is scheduled for a shareholder vote on Sept. 19 to decide whether the teen retailer will be acquired and … [Read more...]

Report: Neiman Marcus + Saks Deal Pending?

neiman_marcus_saks_fifth_avenue

New York—Could longtime luxury retail rivals Neiman Marcus and Saks Inc. be headed for a corporate marriage?That’s the rumor … [Read more...]

JCPenney to Customers: “We Learned From Our Mistakes”

JCP Listens

Plano, TX—It’s a seldom seen tactic from a major retailer: apologizing to its customers for a litany of mistakes.But if you’re … [Read more...]

Report: Abercrombie & Fifth Hired Goldman Sachs to Seek “Strategic Alternatives”

Customers leave an Abercrombie & Fitch store at South Park mall in Charlotte.

New Albany, OH—Abercrombie & Fitch has reportedly retained Goldman Sachs to help it seek “strategic alternatives.” The move … [Read more...]