RECENT NEWS
Wall Street Journal  4 hrs ago  Comment 
Dutch retailer Royal Ahold reported a 29% fall in second-quarter profit as fierce competition and a weaker U.S. dollar continued to weigh on margins and sales.
SeekingAlpha  5 hrs ago  Comment 
By Daniel Jones: After news broke on Aug. 20 that Target (NYSE:TGT) had reported revenue that exceeded expectations for the second quarter of its 2014 fiscal year but that adjusted earnings per share fell short of what Mr. Market hoped to see,...
New York Times  8 hrs ago  Comment 
The retailer contends that Howard Levine of Family Dollar Stores ignored invitations to sell because he wanted to stay on as boss.
Wall Street Journal  8 hrs ago  Comment 
Lowe's scaled back its sales outlook for the year, even though the home-improvement retailer posted strong results as shoppers came out to spend on seasonal and big-ticket items.
New York Times  12 hrs ago  Comment 
The hacking is the latest in a string of incidents at major retailers, including Target, Neiman Marcus and Supervalu.
Reuters  12 hrs ago  Comment 
A former merchandising executive at teen apparel retailer Aeropostale Inc was sentenced to eight years in prison on Wednesday after being convicted of defrauding the company and taking more than $25 million in kickbacks from a key vendor.
Wall Street Journal  Aug 20  Comment 
L Brands Inc, formerly Limited Brands, reported an improvement in fiscal second-quarter profit as the retailer continued to record higher sales, though margins weakened slightly.
Wall Street Journal  Aug 20  Comment 
Benzinga  Aug 20  Comment 
In a report released Wednesday, Credit Suisse analysts released coverage on department store retailers performance during the second quarter. The note mentions department stores controlling inventories much better in Q2 than in Q1, with sales...
Reuters  Aug 20  Comment 
U.S. stocks inched higher Wednesday after two days of gains, ahead of the release of minutes from the most recent Federal Reserve meeting, as investors brushed off bleak earnings forecasts from some retailers like Lowe's and Target.
Wall Street Journal  Aug 20  Comment 
Lowe's scaled back its sales outlook for the year, even though the home-improvement retailer posted strong results as shoppers came out to spend on seasonal and big-ticket items.




 

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