Foot Locker profit surges 36% on strong sales
(Exclusive News Alert, Retail Executive Finance News, Retail Executive News, Finance)
Fri, 05/18/2012 - 10:46am
Foot Locker's first-quarter profit rose 36%, exceeding Wall Street predictions.
Thu, 05/17/2012 - 3:26pm
Does J.C. Penney have time on its side? Or to put it another way: How long will investors wait for J.C. Penney’s transformation? Because, based on the chain’s awful first quarter, it doesn’t appear to have even taken root yet. I’m not surprised.
Wal-Mart beats Street as profit jumps on strong sales
(Exclusive News Alert, Retail Executive News, Finance)
Thu, 05/17/2012 - 10:19am
Wal-Mart Stores Inc. reported a better-than-expected 9.2% increase in first-quarter profit on increased sales in the United States and a strong performance abroad.
J.C. Penney to roll out several new brands; open 20,000-sq.-ft. in-store home shop
(Exclusive News Alert, Retail Executive News, Operations)
Wed, 05/16/2012 - 5:40pm
J.C. Penney executives laid out further details of their strategy going forward during the chain’s quarterly conference call with investors.
ARG: Memorial Day sales to be biggest ever; retailers who open early to win big
(Exclusive News Alert, Operations)
Wed, 05/16/2012 - 5:32pm
The number of Americans delaying their shopping to Memorial Day Weekend is at an all-time high, according to findings in two reports by America's Research Group Surveys.
