Retail Executive Finance News

01/12/2012 - 11:59am
Fast Retailing net profit rises in Q1, but trims outlook

Fast Retailing Co., operator of the Uniqlo apparel chain, reported a net profit of $405.3 million for the first quarter, a 37% rise that the company said was due in large part to a change in accounting methods.

01/12/2012 - 11:54am
Williams-Sonoma cuts Q4 outlook

Williams-Sonoma Inc. said it has cut its fiscal Q4 earnings outlook below Wall Street expectations due to heavy holiday promotions levels.

01/12/2012 - 11:48am
99 Cents Only Q3 sales up 11%

99 Cents Only Stores reported that total third-quarter revenue rose to $403.9 million, from $365.4 million.

01/11/2012 - 11:58am
Supervalu Q3 loss widens after charge

Supervalu Inc.'s fiscal third-quarter loss widened on larger write-down’s and weaker sales.

01/10/2012 - 5:42pm
Metropolitan Furnishings Association selects TD Retail for private label credit

The Metropolitan Furnishings Association said it has selected TD Retail Card Services’ Renovate Card private label credit program for use by the organization’s 75 retail members in New Jersey.

01/10/2012 - 11:32am
Tiffany's U.S. holiday sales growth weakens, lowers guidance

Tiffany & Co. reported that sales growth weakened in the United States and Europe during the holiday season, although other regions experienced significant gains.

01/10/2012 - 11:25am
Zale holiday sales lag

Zale Corp. reported that same-store sales for the holiday selling season of November and December 2011 rose 5.9%, compared with an 8.5% gain in the same period last year.

01/09/2012 - 6:05pm
GameStop holiday sales nearly flat

GameStop Corp. reported nearly flat sales for the nine-week holiday period that ended on Dec. 31.

01/09/2012 - 11:03am
Christopher & Banks announces change in fiscal year end

Christopher & Banks Corp. announced that its board of directors approved a change in the company’s fiscal year-end to the Saturday nearest to the end of January, rather than the Saturday nearest to the end of February.

01/06/2012 - 11:39am
Family Dollar Q1 profit up 8%, revenue misses Street

Family Dollar Stores Inc. reported that its first quarter profit rose 8% to $80.4 million, compared with $74.3 million in the year-ago period.

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