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Banana Republic Sales Drop 10%

A retail brand with comparable store sales that drop by double-digit percentages reminds industry experts of the J.C. Penney Co. Inc. (NYSE: JCP) disaster three years ago. As a reminder ...
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Can JC Penney and Sears Survive a Slow Holiday?

Slow holiday retail sales won't put J.C. Penney Co. Inc. (NYSE: JCP) and the Sears and Kmart divisions of Sears Holdings Corp. (NASDAQ: SHLD) out of business, but it could ...
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September Retail Sales Show Modest Gain

Retailers are announcing September U.S. same-store sales figures Thursday morning, and research firm Retail Metrics has noted a modest year-over-year gain of 0.7% for the month. Retail Metrics had projected ...
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At Home Group Gears Up for IPO

At Home Group has filed an amended S-1 form with the Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No terms were given in the filing, but ...
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Why JC Penney Shares Are Worth Only $7 … or Worth $13

If there is a turnaround retail story that involves millions of customers each year, the one under question the most now has to be J.C. Penney Co. Inc. (NYSE: JCP). ...
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September Retail Sales Expected to Be Sluggish

Several chain stores will be announcing September same-store sales on after markets close Wednesday, and the projections from research firm Retail Metrics are not upbeat. The researchers’ projection calls for ...
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blue jeans

Duluth Holdings Files for IPO

Duluth Holdings has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). There were no terms given in the filing but ...
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American Apparel Goes Into Bankruptcy

With its stock trading in $0.11, and ongoing battles with former CEO Dov Charney, American Apparel has filed for Chapter 11. The action was prepacked and included some of its ...
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Wal-Mart Fires 450 at Headquarters

In a memo to employees at the company’s Bentonville, Ark., headquarters, Wal-Mart Stores Inc. (NYSE: WMT) CEO Doug McMillon announced that 450 home office staff will lose their jobs. Wal-Mart ...
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Albertsons Sets Terms for IPO

Albertsons Companies has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). About 65.3 million shares are being offered within ...
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American Express Kicks Off Deal With Sam’s Club

American Express Co. (NYSE: AXP) announced Thursday morning that it has reached an agreement with Wal-Mart Stores Inc. (NYSE: WMT) under which Wal-Mart’s Sam’s Club stores will begin accepting Amex ...
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Costco Up on Mixed Q4 Earnings

Costco Wholesale Corp. (NASDAQ: COST) reported its fiscal fourth-quarter financial results after the markets closed on Tuesday. The company had $1.73 in earnings per share (EPS) on $35.78 billion in ...
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GameStop to Add 28,000 Workers as Video Game Retail Thrives

GameStop Corp. (NYSE: GME) will add 28,000 holiday workers for 2015. Buying video games from brick-and-mortar retailers has not died. As a matter of fact, the business model is thriving. ...
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What to Expect From Costco Earnings

Costco Wholesale Corp. (NASDAQ: COST) is scheduled to report its fiscal fourth quarter financial results after the markets close on Tuesday. The consensus estimates from Thomson Reuters call for $1.66 ...
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Whole Foods Fires 1,500 as Stock Hits 4-Year Low

Whole Foods Market Inc. (NASDAQ: WFM) shook up the markets Monday morning when it announced via an SEC filing that the company would be cutting 1,500 jobs within the next ...
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