Wal-Mart's 1Q profit, sales disappoint
The first few months of the year were tough for Wal-Mart Stores Inc. The world's largest retailer reported Thursday that its first-quarter profit ...
Macy's 1Q profit rises 20 pct on solid sales
Macy's Inc. reported a 20 percent increase in first-quarter profit even though cool temperatures and economic worries dampened some of its shoppers' ...
US stock market falls after retail sales report
The U.S. stock market is falling in early trading to begin a week full of hints about the health of the nation's retailers. Americans boosted spending ...
Retailers report modest gains for April
Americans spent briskly during the early spring months in the latest sign that they're encouraged by the economic recovery. Falling gas prices, a ...
Judge: JCP can sell Martha-designed goods for now
J.C. Penney can sell certain home goods designed by Martha Stewart that were destined for shelves in May — for now, a New York State Supreme Court ...
US retail sales fall 0.4 percent in March
Sales at U.S. retailers fell in March from February, indicating that higher taxes and weak hiring likely made some consumers more cautious about ...
Cold March keeps shoppers' spending tepid
So much for new spring shorts and T-shirts. As cold weather lingered across most of the country, Americans shopped modestly in March. U.S.
JC Penney looks to old CEO to secure its future
J.C. Penney is hoping its former CEO can revive the retailer after a risky turnaround strategy backfired and led to massive losses and steep sales ...
Is home where the profit is?
J.C. Penney is honing in on its home department as part of a bigger plan to turn its stores into mini-malls of sorts. The struggling department-store ...
Solid gain in Feb. US retail sales eases concerns
Thanks to solid job creation, Americans spent more at retailers in February despite smaller paychecks. The surprisingly strong increase helped allay ...
Retailers report slowing sales gains for February
Americans cut back on spending in February as cold weather and economic challenges chilled their appetite for spring merchandise. The nation's ...
Martha Stewart denies wrongdoing in Penney deal
Home decor and food guru Martha Stewart testified in court on Tuesday that she did nothing wrong when she signed an agreement to open shops within ...
J.C. Penney shares fall after hours on sale report
Shares of J.C. Penney fell 10.6 percent on Tuesday to a four-year low after media reports said a large shareholder sold a chunk of the struggling ...
J.C. Penney shares fall to 4-year low
Shares of J.C. Penney fell 10.6 percent on Tuesday to a four-year low after media reports said a large shareholder sold of a chunk of the struggling ...
JC Penney could wind up with empty shelves
J.C. Penney, which is struggling with big losses and steep sales declines, could face another challenge: empty shelves. New York State Supreme Court ...
Penney CEO emails suggest aim at breaking deal
It's been a tough week to be Ron Johnson. J.C. Penney's CEO was in the hot seat again on Friday in New York State Supreme Court after facing investors ...
JC Penney posts 4th straight big loss, sales drop
Boy, it just wasn't J.C. Penney's year. The mid-priced department store chain reported another much larger-than-expected loss in the fiscal fourth ...
Macy's profit beats Wall Street expectations
Macy's reported a fourth-quarter profit that beat Wall Street expectations as its strategy of tailoring merchandise to local markets paid off during ...
Macy's CEO testifies in fight over Martha Stewart
Macy's CEO Terry Lundgren testified on Monday that he hung up on home diva Martha Stewart after she called to tell him that the company that bears her ...
Macy, Penney to spar in court over Martha Stewart
Let the pots and pans fly. Two of the nation's biggest department stores — J.C. Penney and Macy's —began to duke it out in New York State Supreme ...
Retailers report strong January sales
Sometimes, the devil is in the deals. Americans shopped the winter clearance racks in January, resulting in strong sales during the month for ...
US retail sales rose 0.5 percent in December
U.S. consumers increased their spending at retail businesses in December, buying more autos, furniture and clothing. Steady job growth and lower gas ...
Macy's key revenue figure rises in December
Macy's said Thursday that revenue in stores open at least one year rose 4.1 in December, edging past Wall Street estimates. But the figure grew less ...
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