Fred’s Inc. beat Wall Street expectations for profit despite swinging to a net loss of $29,000 in the first quarter of fiscal 2015 from net income of $6.1 million in the same period the prior year.
Net loss at The Bon-Ton Stores Inc. widened to $34.1 million in the first quarter of fiscal 2015, from $31.5 million in the same quarter the prior year.
J. Jill is reportedly in the process of hiring bankers to assist in a possible sale of the company.
Middle market CFOs, buoyed by increasing optimism fueled by sales growth, are prepared to increase capital expenditures by dipping into their stockpile of cash reserves, according to a survey by TD Bank.
Office Depot said it will restate its finances for the second and third quarters of fiscal 2010 as well as for the full fiscal year.
Washington, U.S. antitrust...