retailer

Can Bed Bath & Beyond Bounce Back?

The retailer was trading close to its 52-week low even before Wednesday's disappointing quarterly report when earnings grew by less than 2 percent to $232.8 million, despite seeing net sales climb 15 percent to top $2.7 billion.

Mancession Offers Insight Into Male Shopping Trends

Men have endured slightly higher unemployment rates than women, and as a result, they've been taking on more of the household shopping. The trend hasn't boded well for stores: On average, men spend less than women on each trip.

Target Conservative in Holiday Season Expectations

Target Corp. (TGT) is conservative in its expectations of holiday spending this year. Target%u2019s CEO Gregg Steinhafel said that sluggish consumer spending an ailing economy may weaken holiday purchases, Reuters reported.

A Hopeful Outlook for Retailers' Holiday Hiring

Two consecutive months of sales gains among the nation's retailers may provide just enough confidence to trigger increased seasonal hiring this year, says research firm Challenger, Gray & Christmas. Even so, prerecession hiring levels aren't likely.

Saks Shares Soar on Takeover Rumors

Saks shares have spiked on takeover speculation. Reports say a private equity consortium with U.S. and U.K. players is interested in buying the retailer and could offer some $1.7 billion for it.

Dress Barn is seeking a new identity

Dress Barn hopes to undergo an extreme makeover. The company is seeking shareholder approval to change its corporate name to Ascena Retail Group...

Winn-Dixie to Close 30 Stores, Reduce Staff in Cost-Cutting Plan

Winn-Dixie Stores (WINN) will close 30 stores and reduce staff as part of a multi-million dollar cost-cutting plan. The company plans to eliminate 120 positions on top of those directly related to the store closure, Winn-Dixie said in a statement. The annualized savings will be in the range of $12 million to $17million and begin to be realized after the end of the first quarter of fiscal 2011.

Sears to Close 21 Sears and Kmart Stores

Sears Holdings plans to close down eight Sears stores and 13 Kmarts in April and May, laying off nearly 1,000 employees, according to news reports. Sears and Kmart have been suffering from low sales, even while they still have a number of brands that are popular with shoppers.

Retailers: More Customers Using Food Stamps

Retailers are adjusting to an increasing number of customers buying food with food stamps. Some stores have had to change they way to do business to accommodate shoppers on food stamps, who flood the stores on the first day of the month, when the benefits arrive.