ShopNBC Inks New Credit Agreement
ShopNBC announced that on November 25, 2009, the company entered into an agreement with PNC Bank, National Association to establish…
Financials
Staples Q1 Sales Down But North American Store Sales Grow Slightly
First quarter sales at Staples were down mid-single digits but the company’s net income grew substantially. For the quarter ended…
Shop.org Reports Shifts In Cyber Monday Consumer Shopping Habits
Sales on Cyber Monday shifted from the lunch hour time frame to early morning and evening hours as more American…
Newell Rubbermaid Names Unilever’s Polk To Board Of Directors
Newell Rubbermaid has announced the election of Michael B. Polk to the company’s board of directors, raising the total number…
Whitney Design Files Chapter 11, New Company Formed To Purchase Assets
Whitney Design today announced that it has filed a voluntary petition under Chapter 11 of the Bankruptcy Code in the…
Kirkland Reports Strong Q3 Sales Growth
Third-quarter sales at Kirkland’s were up sharply with company officials reported that its execution of its merchandising and store…
Home Products Help Drive Kmart Q3 Comp Store Sales Gain
Third-quarter sales at Sears Holiday declined 4.7%, but company officials reported seeing some signs of progress most notably the increase…
Conference Board’s LEI Grows For Third Straight Month
The Conference Board Leading Economic Index (LEI) for the United States increased 0.3% in October, following a 1.0% gain…
Positive Q3 Comp Sales Lead Williams-Sonoma To Better Than Expected Results
Third quarter net revenue at Williams-Sonoma, Inc., was down 3.9%, but company officials said the drop was less than…
ShopNBC Q3 Sales Down But Customer Traffic Grows
Third-quarter sales at ShopNBC were down 4% but the television shopping retailer reported that activity from current and new…
TJX Reports Record Sales, Earnings For Q3
The TJX Companies is reporting record sales and earnings results for the third quarter ended October 31 as customer…
New Store Openings Help Boost Target Q3 Sales
Third-quarter sales at Target were up slightly as new store openings served to offset a slight decline in comparable…
Lowe’s Q3 Sales Down 3%
Third quarter sales at Lowe’s were down 3% as officials with the home improvement retailer blamed the company’s continued…
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…
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…