Retail Executive Finance News

02/10/2012 - 11:21am
First Data reports steady dollar volume and transaction growth in January

Mild weather over much of the country spurred increased retail card spending growth in January, according to First Data Corp.’s SpendTrend, which tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations.

02/09/2012 - 11:49am
IBM forecast: Q1 sales poised to rise

An analysis released by IBM projected that retail sales are positioned for increases across a broad spectrum of categories.

02/09/2012 - 11:47am
Deloitte Consumer Spending Index falls

The Deloitte Consumer Spending Index continued downward in January and consumer spending will face additional economic headwinds in 2012, according to Deloitte.

02/09/2012 - 11:44am
Urban Outfitters reports record sales

Urban Outfitters reported that sales for the fourth quarter, ended Jan. 31, rose 9% to $731 million.

02/09/2012 - 11:34am
Whole Foods profit rises 33%; 69 new stores in development

Whole Foods Market Inc. reported that profit for the first quarter rose a better-than-expected 33% to $118.3 million amid increased customer visits and higher prices on select items.

02/08/2012 - 5:54pm
Report: Barneys looks to restructure

Barneys New York is in discussions with its lenders about restructuring, Crain’s New York reported.

02/08/2012 - 11:52am
CVS Caremark Q4 profit up nearly 4%

CVS Caremark Corp.'s fourth-quarter earnings rose nearly 4% to $ 1.06 billion, amid increased pharmacy services revenue because of a long-term contract and new business.

02/08/2012 - 11:47am
Jones Group narrows loss

The Jones Group reported a net loss of $21.1 million in the quarter ended Dec. 31, compared with $40.1 million a year earlier.

02/07/2012 - 11:41am
7-Eleven completes purchase of 55 Sam's Mart stores

-Eleven said it has completed its acquisition of 55 Sam’s Mart stores in the greater Charlotte, N.C., area, part of the c-store operator’s plan to accelerate its growth in the region.

02/07/2012 - 11:36am
Pantry narrows Q1 loss

The Pantry reported that it narrowed its loss in the quarter ended Dec. 29 to $2.9 million, from $12.2 million in the year-ago period.

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