Retail Executive Finance News

05/01/2013 - 1:24pm
Jones Group swings to 1Q profit; lowers forecast

The Jones Group Inc. returned to a profit in the first quarter, but sales were hampered by unseasonably cool weather.

05/01/2013 - 1:22pm
CVS Q2 profit jumps 23%

CVS Caremark Corp.’s first-quarter earnings rose a better-than-expected 23% as new generic drugs and demand for flu medications helped the company’s profitability.

05/01/2013 - 1:20pm
Big 5 Sporting Goods has big first quarter; 15 to 20 new stores planned

Big 5 Sporting Goods Corp. reported upticks in net income, sales and same store sales for first quarter fiscal 2013.

05/01/2013 - 1:13pm
Sports Chalet taps Financial Profiles to be investor relations firm

Sport Chalet announced it has retained Financial Profiles as its investor relations firm.

04/30/2013 - 11:32am
Bebe stores names CFO; eliminating COO position

Bebe stores announced that it has promoted Liyuan Woo to the position of CFO.

04/30/2013 - 11:19am
Domino’s enjoys strong same-store sales

Pizza chain Domino’s, Inc. reported a 6.2% increase in domestic store sales during first quarter 2013, compared to the same quarter a year earlier.

04/30/2013 - 11:13am
Best Buy abandons European strategy with Carphone Warehouse sale

Consumer electronics retailer Best Buy is leaving the European market.

04/30/2013 - 11:12am
Office Depot reports Q1 loss

Office products retailer Office Depot reported a worse-than-expected first quarter net loss of $17 million, compared with net earnings of $41 million a year earlier, hurt by lower sales and costs related to its pending merger with OfficeMax.

04/29/2013 - 5:36pm
PwC US: Total deal value and volume surges in Q1

Multibillion dollar transactions drove U.S. retail and consumer deals during the first quarter of 2013, according to PwC US.

04/29/2013 - 11:04am
Survey: Shoppers turn focus to saving money

Survey results by coupon site RetailMeNot revealed that the vast majority of consumers believe that saving money is important.

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