October Retail Sales Continue To Show Economic Uncertainty
With the holiday sales season fast approaching, October retail sales numbers reported by the National Retail Federation and the…
Financials
JCPenney Q3 Sales Down But Above Expectations
JCPenney Company reported fiscal third quarter results that were significantly better than initial expectations and showed further improvement in…
Walmart Q3 Sales Up Slighty; Company Q4 Outlook Remains Weak
Third quarter sales at Wal-Mart Stores, Inc. were up slightly as officials with the nation’s largest retailer continued to…
Kohl’s Q3 Sales Up 6.5%
Third quarter net sales at Kohl’s were up mid-single digits as the retailer continued to see growth of branded product…
Macy’s Narrows Loss, Posts Negative Comp Sales
Macy’s today announced that its had narrowed its losses, from 10 cents a share in last year’s third quarter to…
ICSC, Goldman Sachs Survey Reveals More Consumers To Shop Black Friday
The International Council of Shopping Centers, Inc. (ICSC) and Goldman Sachs’ 2009 Holiday Spending Survey found that consumers plan to…
Tramontina: Koenig & Vits Receivership Having No Impact On Flow Of Goods
The recently reported court decision to place Koenig & Vits into receivership and to sell the former Mirro plant and…
Hamilton Beach Sees Third Quarter Income Gains
Nacco Industries, Inc., parent company of Hamilton Beach and Kitchen Collection today announced its third quarter results. The company reported…
Lifetime Announces 545% Increase In Net Income
Lifetime Brands, Inc. today announced its results for the three months ended September 30, 2009. Net income for the quarter…
Martha Stewart Announces Third Quarter Results
Martha Stewart Living Omnimedia, Inc. announced its results for the third quarter ended September 30, 2009. The Company reported revenue…
CIT Bankruptcy Confirmation Hearing Scheduled
CIT Group Inc. today announced that the U.S. Bankruptcy Court for the Southern District of New York has scheduled a…
CIT Group Files For Bankruptcy Protection
The CIT Group filed for Chapter 11 protection Sunday, reporting its bondholders approved a prepackaged plan to reduce debt by…
Jarden Announces Third Quarter Results
Jarden Corporation has announced net sales declines for the third quarter and nine months to date. For the three months…
CIT Announces Additional $1B Financing From Icahn Capital
CIT Group Inc. today announced that it has entered into an agreement with Carl Icahn to support its restructuring plan…
Libbey Announces Third Quarter Results
Libbey Inc. today reported net income of $3.5 million, or 23 cents per diluted share, for the quarter ended September…
NPD: Consumers To Spend Less, Differently This Holiday Season
NPD today released its annual holiday shopping study, which showed that thirty percent of consumers surveyed said they plan to…