retail

Retail
NYSE Prompts hhgregg To Explore Options

Just two weeks after the New York Stock Exchange notified the company that it was not in compliance with listing rules, hhgregg, announced that it engaged Stifel, Nicolaus & Co. and Miller Buckfire & Co., subsidiaries of Stifel Financial Corp., to pursue a range of potential strategic and financial transactions to improve liquidity and return to profitability.

Financials
Rent-A-Center Reports Bumpy Q4

Although the company could not post GAAP net or per diluted per share loss as it determines income tax effects of goodwill impairment, Rent-A-Center reported that its fourth quarter loss before income taxes was $170.9 million versus $1.13 billion loss in the period a year prior including a $1.17 billion goodwill impairment charges taken in the core business segment in the United States.

Retail
Ikea Says I Do To Registry

Ikea U.S. has launched a gift registry and is offering three registrants a chance to win a $1,000 gift card in addition to other prizes as sign-up incentives.

Blog
The Key Feature Is Simple

In the days following Super Bowl LI, there was much discussion on sports radio about the New England Patriots’ historic comeback win over the Atlanta Falcons.

Retail
With Sales Sliding, Sears Asserts Survival Plan

Sears Holdings Corp. has undertaken a restructuring program targeted to deliver at least $1 billion in annualized cost savings in 2017, which includes cost reductions from the previously announced closure of 108 Kmart and 42 Sears stores.

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