Warmer Weather Chills October Retail Sales

Retail Sales

Unseasonably warm weather in much of the United States along with still cautious consumers resulted in mixed sales for October, … [Read more...]

JCPenney Enacts Poison Pill After Ackman Buy

William Ackman, hedge fund manager and the founder of Pershing Square Capital, JCPenney's largest shareholder

Plano, TX—JCPenney adopted today an anti-takeover defense, after hedge fund manager Bill Ackman and Vornado Realty Trust bought … [Read more...]

Hedge Fund Manager Ackman Takes Stake in JCPenney

Bill Ackman

New York—William "Bill" Ackman, the hedge fund manager who had a bitter proxy battle with Target’s board of directors in 2009, … [Read more...]

Back to School Bolsters Sept. Sales

Back to School

As parents bought back to school merchandise closer once again, September retail sales showed solid gains besting Wall Street’s … [Read more...]

JCPenney Announces Stores Openings, Renovation Plans


Plano, TX—JCPenney announced plans to expand into "underserved" major markets as part of its long-range plan that also includes … [Read more...]

Sears to Launch Exclusive French Connection UK Collection

Sears to Launch Exclusive French Connection UK Collection

Hoffman Estates, IL—Sears is stepping up its offering in the contemporary market with the launch in early 2011 of UK Style by … [Read more...]

Amazon, Walmart, eBay Top Favorite Online Retailer List


Washington–Brand loyalty proves to be quite strong in the latest Stores Media Favorite 50 Online Retailers survey, conducted by … [Read more...]

August Sales Exceed Expectations

Shopping Bags

While temperatures heated up much of the United States in August, retail sales warmed up a bit too, beating Wall Street estimates. … [Read more...]

Teen, Back to School Season Sales Lagging This Year?

teens back to school shopping

Traditionally an early barometer of the key back-to-school selling season, teen retailers are being watched closely for first … [Read more...]

Neiman Marcus Launches M-Commerce Site

Neiman Marcus Mobile Site

Dallas--Neiman Marcus has launched an enhanced mobile version of its main website to target affluent shoppers using mobile phones … [Read more...]

JCPenney 2Q Profits Increase, But Conservative on Full Year

JCPenney storefront

Plano, TX—JCPenney Co. reported today better-than-expected quarterly profits, helped by improved cost controls and its expansion … [Read more...]

Macy’s Q2 Profit Beats Estimates, Raises Full Year Forecast

Macy's Inc.

Cincinnati--Macy's Inc.'s net income surged in the second quarter due in large part to its My Macy’s localization plans and its … [Read more...]