Staples Q4 Sales Up But Net Income Falls
Companywide fourth-quarter net sales at Staples were up slightly, but the office superstore’s net income was down double-digits. Net…
Financials
Kohl’s Sees Solid FY, Q4 Sales Growth
Strong inventory management and continued growth of private and exclusive brand strategies were cited by Kohl’s officials as key…
TJX Reports Strong Yearly Sales Growth
The economic downturn of 2009 proved to be beneficial to The TJX Companies as the group that includes Marshall’s…
Target Reports Better-Than-Expected Q4
Fourth quarter sales at Target were up as the retailer benefited from a combination of stronger-than-expected holiday sales and…
Office Depot Q4 Sales Down But Exceed Expectations
Following several quarters of double-digit sales decreases, Office Depot fourth quarter sales were down only 6% as officials with…
Q4, Yearly Net Income At Sears Holdings Rises
Fourth quarter net income at Sears Holdings increased sharply as tcompany officials said the improvement reflects the company’s efforts to…
Consumer Confidence Declines Sharply In February
The Conference Board Consumer Confidence Index, which had increased in January, declined sharply in February. The Index now stands at…
Macy’s Q4 Sales Down Slightly But Exceed Expectations
Macy’s reported improved fourth quarter results that exceeded expectations and represented a strong ending to the fiscal year, company officials…
JCPenney Q4 Earnings, Cash Flow Strong, But Q4 Sales Fall
Fourth quarter earnings and cash flow for JCPenney were significantly better than expected, company officials said, but overall and…
Conference Board Economic Index Rises In January
The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.3% in January, following a 1.2% gain in…
OfficeMax Reports Smaller Decline In Q4 Sales
The string of double-digit sales declines seen by OfficeMax through the first three quarters of 2009 slowed in the…
January Retail Sales Grow
U.S. retail sales for January were up slightly over December and jumped 4.7% when compared to January 2009, according…
NPD Reports Positive Gains For Q4 Small Appliance Sales
According to The NPD Group, Inc., small appliance sales posted positive dollar and unit sales figures in the fourth quarter…
Libbey Completes Tender Offer For Notes Due 2011
Libbey Inc. announced that its wholly-owned subsidiary Libbey Glass Inc. has accepted for purchase $306 million in aggregate principal amount…
Libbey Closes $400 Million Private Placement Of Senior Secured Notes
Libbey Inc. announced that its wholly owned subsidiary Libbey Glass Inc. has completed its previously announced private placement of $400…
Spectrum To Acquire Former Salton/Applica Business
Spectrum Brands and Russell Hobbs, Inc. today announced they have signed a definitive agreement to bring Russell Hobbs’ network of…
CIT Group Names Thain Chairman, CEO
CIT Group Inc. today announced that its Board of Directors has elected John A. Thain Chairman and Chief Executive Officer…
Solid Holiday Season Boosts Kirkland’s Q4, Annual Sales
A strong fourth quarter buoyed by a solid holiday season served to provide home goods retailer Kirkland’s with positive…
Furniture, Home Help Drive Big Lots Sales Growth
A strong holiday selling season combined with enhanced in-store merchandising execution helped Big Lots report its strongest fourth-quarter comparable…
Retailers Report Solid January Comp Sales Gains
With the nation’s economy showing some signs of life, a number of leading retailers reported solid comparable store sales growth…