thinkstockTJX Companies Inc. (NYSE: TJX) this morning reported solid fiscal third-quarter results and boosted its guidance. The Framingham, Mass.-based off-price retailer posted adjusted earnings per share (EPS) of $0.62 on revenues of $6.41 billion…
thinkstockMichael Kors Holdings Ltd. (NYSE: KORS) reported second fiscal quarter 2013 adjusted diluted earnings per share (EPS) of $0.49 and $532.9 million in revenues before markets opened this morning. In the same period a…
thinkstockSaks Inc. (NYSE: SKS) this morning shared in-line earnings results for the third quarter but warned that fourth-quarter results would take a hit due to Hurricane Sandy. The New York-based department store operator posted…
ThinkstockShares of Best Buy Co. Inc. (NYSE: BBY) rose as much as 4% after an announcement that Sharon McCollam, who used to be the director, executive vice president, chief operating and chief financial officer…
courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) often has been described as the most productive of all retailers. The well-regarded annual productivity study from Retail Sails confirms this. But sales per square foot, which is…
ThinkstockRon Johnson is not having a good time at trying turn around JCPenney Co. Inc. (NYSE: JCP). Nothing seems to be working here. Now we have Credit Suisse taking an already cautious Neutral rating…
courtesy of TargetTarget Corp. (NYSE: TGT) has announced plans to open its stores for Black Friday sales at 9 p.m. on Thanksgiving, Nov. 22, in an effort to offer extended hours during the holiday…
courtesy J.C. Penney Co. Inc.JCPenney Company Inc. (NYSE: JCP) reported third-quarter 2012 results this morning. The retailer posted a net loss of $0.93 per share on revenues of $2.93 billion. In the same period…
ThinkstockVideo game sales have collapsed just as retailers begin to rely on strong holiday sales. Industry research firm NPD reports that in October, U.S. video game retail revenue dropped 25% compared to the same…
Best Buy Co. Inc. (NYSE: BBY) founder Richard SchulzeThinkstock, who was thrown off the retailer’s board, may be about to return with a new offer to buy out the company. Reuters reports that he…
courtesy of McDonald'sMcDonald’s Corp. (NYSE: MCD) posted awful same-store sales data for October this morning. Same-store sales were down in the United States by 2.2%, in Europe by 2.2%, and 2.4% in the company’s…
thinkstockKohl’s Corp. (NYSE: KSS) reported third-quarter 2012 earnings this morning. For the quarter, the department store chain posted diluted earnings per share (EPS) of $0.91 on revenues of $4.5 billion. In the same period…
ThinkstockDean Foods Inc. (NYSE: DF) reported third-quarter 2012 earnings this morning. For the quarter, the food and beverage company posted adjusted diluted earnings per share (EPS) of $0.33 on revenues of $3.1 billion. In…
courtesy of Wal-Mart StoresWal-Mart Stores Inc. (NYSE: WMT) has decided to increase the ante as it tries to take sales away from other big-box retailers, consumer electronics chains and department stores. It can afford…
thinkstockAs third quarter earnings results continue to pour in, overall earnings have been decidedly weaker. According to research firm Retail Metrics, the blended S&P 500 earnings growth rate for the third quarter of 2012…