Standard & Poor's


Retail, Business Leaders Decry Congress’ Actions in U.S. Budget Gridlock

Debt Crisis

Washington—President Obama today took Congress to task over its 11th hour resolution of the government shutdown and lifting the … [Read more...]

Despite Swing into a Loss, Jones Group Adjusted Q2 Earnings Beat Forecasts

Behind the scenes at Stuart Weitzman Fall '13 shoot. The footwear brand has been one of Jones Group's best performers.

New York—The Jones Group today reported that it swung into a second quarter loss; nevertheless, results were better than analysts … [Read more...]

Three Bidders Emerge for Saks Inc.; Deal Pending?

Saks Fifth Avenue's New York flagship, one of the prime retail locations in the world

New York—Shares of Saks Inc. rose in trading today as speculation escalated about potential rival suitors to buy the … [Read more...]

Ross Stores Q2 Profit Jumps, Sales Strong

Ross Stores

Pleasanton, CA—A double-digit sales increase that offset increased costs and expenses gave Ross Stores a 23% increase in its … [Read more...]

Brendan Hoffman to Helm Bon-Ton Stores

Brendan Hoffman becomes president/ceo at Bon-Ton Stores on Feb. 7

York, PA—The Bon-Ton Stores, Inc. announced today that Brendan L. Hoffman, former president and ceo at Lord & Taylor, will … [Read more...]

Sears Appoints New Merchandise Chief for its Sears, Kmart Stores

Sears Holdings

Hoffman Estates,IL—Sears Holdings announced today that Ron Boire will become executive vice president, chief merchandising officer … [Read more...]