Finance

Sales Up for Week Ending Feb. 23
Feb 25, 2008
ShopperTrak RCT Corp.'s National Retail Sales Estimate, reported Tuesday...
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Target Quarterly Profit Falls
Feb 25, 2008
Target announced Tuesday that its fourth-quarter profits fell, but that...
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Ex-CEO of Children’s Place Files Lawsuit
Feb 24, 2008
The former chief executive of The Children's Place Retail Stores Inc. has...
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Lowe’s Posts Lower 4Q Profit
Feb 24, 2008
Lowe's Cos. reported lower quarterly profit on Monday and forecast full-...
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Sears Spent $280,000 Lobbying
Feb 24, 2008
Sears Holdings Corp. spent more than $280,000 in 2007 to lobby the federal...
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Tough Holidays Hurt Nordstrom Profit
Feb 24, 2008
Nordstrom Inc. on Monday said its profit fell more than 8% in the fourth...
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Best Buy to Ramp Up China Expansion
Feb 21, 2008
Best Buy Co. said on Friday it would ramp up its expansion in China....
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Financially Speaking

BDO survey: Retail CFOs bullish about M&A, IPO activity in 2013

By Marianne Wilson
The retail industry is poised for another year of heavy deal flow. Nearly all retail CFOs (94%) expect merger and acquisition will increase or remain steady in 2013, according to a new survey from BDO USA.
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Deals/M&A

Party City to expand growth in New England with acquisition of iParty Corp.
iParty Corp., a leading party goods retailer with a strong presence in New England, has entered into an agreement to be acquired by Party City Holdings Inc., North America’s largest party supply retailer.
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Newsmakers

Founder of Barnes & Noble to bid for chain’s retail assets
Leonard Riggio, founder and chairman of Barnes & Noble, has told the company’s board that he wants to make an offer for its retail business.
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