Foot Locker Inc. said Wednesday that it will buy German athletic store chain Runners Point Warenhandelsges (RPG) for 72 million euros ($94 million) as it expands in Europe.
Revenue at stores open at least one year climbed 8% last month for discount retailer Stein Mart.
Fred’s, Inc. reported a slight boost in total sales for the first three months of fiscal 2013 compared to the same period last year – an increase from $500.5 million to $501.4 million.
Whole Foods Market reported that its second-quarter net income rose to $142 million from $118 million a year earlier, beating analysts estimates.
In preliminary results, J.C. Penney Co. reported that same-store sales in its first quarter decreased approximately 16.6%, a deeper drop than was expected.
OfficeMax on Tuesday reported a lower-than-expected profit, for its first profit, hurt by declining technology sales.
PriceSmart announced that for the month of April 2013 net sales increased 10.7% to $176.1 million, from $159.1 million in April a year earlier.
The U.S. Senate on late Monday approved the long-debated Internet sales tax proposal, known as the Marketplace Fairness Act, by a bipartisan vote of 69 to 27.
Stein Mart reported that it has restated its 2011 periods and first quarter 2012 results, released its full-year 2012 financial numbers, and said it will unveil several key initiatives in 2013.
Orchard Supply Hardware Stores Corp. reported Monday a loss of $33.6 million for the quarter ended Feb. 2, widened from a loss of $7.3 million in the year-ago period.