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The day ahead in business May 15
Reports: MBA mortgage index for week ended May 11, 6 a.m.; Producer price index for April, 7:30 a.m.; Empire State manufacturing index for March, 7:30 a.m.; Treasury international cash outflows for March, 8 a.m.; Industrial production/capacity utilization...
Tags: Lifeway Foods Incorporated, Cisco Systems Inc., Pinnacle Foods Incorporated, Deere and Company
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Macy's 1st-quarter profit rises, same-store sales up 3.8 percent
ReutersMay 15 (Reuters) - Macy's Inc on Wednesday reported higher first-quarter profit and sales despite cool weather in much of the country that delayed spring shopping for many customers, and the department store chain raised its quarterly dividend 25 percent....Tags: Earnings Forecasts, Thomson Corporation
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BRIEF-Macy's says strongest merchandise categories handbags, watches; women's apparel weaker
ReutersMay 15 (Reuters) - Macy's Inc : * CFO says strongest merchandise categories handbags, watches, active apparel, mens, home textiles, luggage, furniture and mattresses * CFO says women's apparel and our millenial businesses still "challenging" * CFO says...Tags: Corporate Officers
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North American retailers work on separate Bangladesh plan -source
ReutersMay 14 (Reuters) - North American retailers may join together on their own Bangladesh safety agreement, an alternative to a legally-binding accord that mainly European retailers have signed onto, according to a person with knowledge of the discussions....Tags: National Retail Federation, Consumer Goods Industries, American Apparel, North America, American Apparel and Footwear Association
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Retail sales brighten, but less than expected
Late last month, as the weather began to warm into a semblance of spring, teens and bargain hunters who had spent months crunching their spending surged into retailers to shop. Their activity helped push up a monthly measure of same-store sales by 3.8%...
Tags: Target Brands, Inc., Labor Markets, Ross Stores Incorporated, American Apparel, Unemployment Benefits
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WRAPUP 4-U.S. same-store sales continue modest recovery in April
Reuters* Same-store sales up 3.8 pct vs expections of 4.3 pct sales gains * TJX and Ross beat, Ross raised profit forecast * ICSC forecasts May same-store sales up 2-3 pct * Gap beats, shares rise 7.2 percent after hours. By Phil Wahba May 9 (Reuters) - U....Tags: The Wet Seal Incorporated, Rite Aid Corp., Ross Stores Incorporated, Tools and Hardware, Hardware
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Same-store sales continue modest recovery in April
Reuters(Reuters) - Retail spending continued to grow modestly in April as bad weather delayed spring shopping in much of the country and many consumers gravitated toward discount chains. Thirteen major U.S. retailers reported a 3.8 percent increase in April...Tags: Auto Trends, Ann Taylor, The Wet Seal Incorporated, Rite Aid Corp., Fred's Incorporated
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WRAPUP 3-U.S. same-store sales continue modest recovery in April
Reuters* Analysts see 4.3 pct sales gains for 13 top chains * TJX and Ross beat, Ross raised profit forecast * ICSC forecasts May same-store sales up 2-3 pct * Buckle, Zumiez shares rise as sales top views By Phil Wahba May 9 (Reuters) - U.S. retail...Tags: Auto Trends, The Wet Seal Incorporated, Rite Aid Corp., Fred's Incorporated, Ross Stores Incorporated
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WRAPUP 1-Costco, Victoria's Secret April sales gains miss forecasts
Reuters* Analysts: 4.3 pct same-store sales gains for top 13 chains * Costco, L Brands miss estimates By Phil Wahba May 9 (Reuters) - Costco Wholesale Corp and Victoria's Secret parent L Brands Inc reported smaller-than-expected sales gains in April, when...Tags: Rite Aid Corp., Ross Stores Incorporated, Wal-Mart Stores, Inc., Tools and Hardware, Hardware
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U.S. Treasury chief to meet with Wall Street executives
Reuters* Lew meeting includes Dimon, Paulson and Schwartzman * Global economy and cyber security may also be topics WASHINGTON, May 2 (Reuters) - U.S. Treasury Secretary Jack Lew will meet with Wall Street and business executives in New York on Thursday...Tags: Marsh & McLennan Cos, Indra K. Nooyi, Mutual Funds, Jamie Dimon, PepsiCo Inc.
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Appeals court won't stop Penney sale of Martha Stewart products
ReutersNEW YORK, April 30 (Reuters) - A New York appeals court ruled on Tuesday that J.C. Penney Co Inc can continue to sell a line of Martha Stewart home goods it introduced without her name pending the outcome of a trial with Macy's Inc. The Plano, Texas,...Tags: JC Penney Company Inc., Court Preliminary, Trials
May 15, 2013
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May 15, 2013
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May 14, 2013
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May 10, 2013
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Apr 30, 2013
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