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Saks first-quarter same-store sales beat estimates
ReutersMay 21 (Reuters) - Saks Inc on Tuesday reported higher than expected first-quarter sales, but it warned that investments to launch an e-commerce site for its outlet chain would weigh more on profits than expected. Saks reported a profit of $20 million,... -
BRIEF-Saks shares up 2.2 percent in premarket trade after results
ReutersNEW YORK, May 21 (Reuters) - Saks Inc : * Shares up 2.2 percent in premarket trade after results -
The day ahead in business May 21
Earnings: Autozone Inc., Best Buy Co., Burberry Group Plc, Dick's Sporting Goods Inc., Home Depot Inc., Intuit Inc., Medtronic Inc., Red Robin Gourmet Burgers Inc., Saks Inc., TJX Cos. Annual meetings: Allstate Corp., Mondelez International Inc., Old...
Tags: The Home Depot, Dick's Sporting Goods Incorporated, Best Buy Co., Inc., Red Robin Gourmet Burgers Incorporated, Allstate Corp.
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Saks to close after the holidays
The Saks Fifth Avenue in Highland Park will close after the holiday season, displacing roughly 60 workers, the company recently announced. The 12-year-old, 49,000-square-foot store will close Dec. 31. "We routinely assess the productivity,...
Tags: Companies and Corporations, Economy, Business and Finance
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Black Friday Draws Crowds But Spending in Doubt
ReutersLOS ANGELES -- Bargain hunters flocked to U.S. stores late Thursday and overnight Friday, searching for deals while fretting about their own shaky economic well-being. Retailers were hoping for more shoppers like Shawn Elzia as the annual Black Friday...Tags: Wal-Mart Stores, Inc., Services and Shopping, Toys "R" Us, Inc., International Travel, Long Island
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Retail sales show modest increase as gas and food prices eat into disposable income
Money & CompanyShoppers appeared to be more cautious last month in spending for clothing and other items as rising gas and food prices took up a bigger chunk of their disposable income. Major retail chains reported a modest 4.9% gain in sales...... -
Bloomingdale's outlets may eventually open in California, Macy's CEO says
Money & CompanyWhen Macy's Inc. announced last month that it would open a Bloomingdale's outlet concept, many California shoppers were disappointed to learn that none of the initial four stores would be in the state. But in an interview with the Times...... -
December retail sales slip 0.3% from November, Commerce Department reports
Money & CompanyThe Commerce Department said retail sales fell last month, a surprising development given that many major retailers have been reporting relatively healthy holiday results. Retail sales in December totaled $353 billion, a 0.3% decline from November, the... -
Retailers report dismal December sales
Retailers reported dismal sales figures for December on Thursday as even Wal-Mart Stores Inc., one of the bright spots in the industry, finally buckled under the pressures of the deteriorating economy. As merchants reported their sales figures,...Tags: Wal-Mart Stores, Inc., Earnings Forecasts, Services and Shopping, The Wet Seal Incorporated, Family
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Economy and changing consumer habits straining department stores
Of The Morning CallIn 110 years, the Bon-Ton Stores has grown from its humble beginnings as a single shop in York to become a national chain with 280 stores and more than 33,000 employees. But today the retailer that sells everything from housewares to clothing to home...Tags: Wal-Mart Stores, Inc., Death, Companies and Corporations, The Bon-Ton Stores Inc., Consumers
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The week ahead
Chicago TribuneMonday: -- Earnings: Campbell Soup Co.; Concur Technologies Inc.; Lowe's Cos.; Medtronic Inc.; Nordstrom Inc.; TransDigm Group Inc.; Tween Brands Inc. Tuesday: -- October housing starts -- Earnings: Aruba Networks Inc.; Barnes & Noble Inc.; BJ's...Tags: United Natural Foods Incorporated, Zale Corporation, Education, University of Michigan, Nordstrom, Inc.
May 21, 2013
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May 21, 2013
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May 21, 2013
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Sep 13, 2012
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Nov 25, 2011
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Jun 2, 2011
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Feb 16, 2010
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Jan 14, 2010
| Los Angeles Times
Jan 8, 2009
|Story| WXIN-LTV
Mar 6, 2008
|Story| Allentown Morning Call
Nov 18, 2007
|Story| Chicago Tribune
Apr 15, 2007
|Story| Tribune Media Services
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