Macy's Quarterly Profit Rises Along with Same-Store Sales
Macy's reported higher first-quarter profit and sales despite cool weather in much of the country that delayed spring shopping for many customers.
Macy's reported higher first-quarter profit and sales despite cool weather in much of the country that delayed spring shopping for many customers.
Bill Ackman, the hedge fund manager who hand-picked Ron Johnson to lead JC Penney, now says the turnaround has been "close to a disaster."
Toys R Us is the latest retailer planning to ramp up seasonal hiring this holiday. But just-released sales forecasts on the busiest shopping season of the year raise the question: Will all those added store associates be kept busy?
Wal-Mart plans to hire more than 50,000 seasonal employees to work at its Walmart stores in the United States, slightly more than it did last year, as it gets ready for the winter holiday season, its busiest time of year
Toys R Us and Walmart have unveiled their hot holiday toy lists, sending the message that the Christmas shopping season has officially begun. Here are a dozen that the nation's top two toy sellers expect will fly off their shelves this holiday season.
J.C. Penney's new shops within stores are doing much better than other parts of its department stores, but it is "way too early to draw conclusions" as the retailer is still rolling out the strategy, Chief Executive Ron Johnson said.
Kohl's CEO Kevin Mansell thinks he knows the holiday-season recipe that can pull his retail chain out of the slump it has been in lately. The key ingredients: rock bottom prices and more exclusive designer collections.
The stock market's recent bounce has a lot of folks looking for a piece of the action. And with retail stocks shooting up faster than average, but still cheaper than a year ago, some analysts say now's the time to buy them. They're wrong. Here's why:
The holiday season has been strong for retail sales overall, but some chains have still found lumps of coal in their stockings. And as the holiday season winds down, what's bad for retailers may be good for you.
The debut of the Jennifer Lopez and Marc Anthony collections marks the biggest product launch in Kohl's history, says CEO Kevin Mansell. But star power doesn't always translate into shopper interest and strong sales. Do they have what it takes to win?
If you're still looking for last-minute back-to-school clothing deals, Cheapism.com has done your homework for you. The review website perused hundreds of items at the nation's biggest retailers to find the best made -- and best priced -- kids' clothes.
Even as investors reel from the stock-market roller coaster this week, Wall Street is moving on, with plenty of news on the way. Next week will bring headlines about retail and gaming earnings, as well as quarterly reports from News Corp., SodaStream and some newly public Chinese firms.
July retail sales were solid, with Costco, Macy's, JC Penney, Nordstron and Saks Fifth Avenue all beating expectations. Craig Johnson, president of Customer Growth Partners, the retail consultancy, says we could be having the best back-to-school selling season since 2006.
Many of America's best-known retailers, including Walmart, Home Depot and JCPenney, will be stepping into the earnings spotlight this week. Their reports come on the heels of disappointing January retail sales numbers from the Commerce Department.
Much to retailers' surprise, old man winter didn't deter consumers from the post-holiday clearance sales. Merchants posted better-than-expected January results despite the dreadful weather that had caused many analysts to cool their forecasts.
Oprah Winfrey's new cable network is commanding some of the highest ad prices on cable, and it justified those rates with its heavily watched debut. Now, OWN will have to prove it can maintain its viewership levels throughout the year.



























