Williams-Sonoma Inc.'s fourth-quarter net income rose a better-than-expected 9%, helped by strong online sales, gains at its West Elm brand and the benefit of an extra week in the period.
American Eagle Outfitters Inc. reported Wednesday that profit for the quarter ended Feb. 2 soared to $94.8 million from $51.3 million in the year-ago period, aided by few markdowns.
Sally Beauty Holdings announced that its board has approved a new share repurchase program authorizing the company to repurchase up to $700 million of its common stock.
Macy's Inc. said that its board has increased its share repurchase authorization by $1.5 billion.
The Lids Sports Group retail division has reached an acquisition agreement with JAS Sports Inc., the Seattle-based retailer of officially licensed Washington collegiate and Seattle professional sports team merchandise.
Abercrombie & Fitch plans a big share buyback to appease investors, the New York Post reported, and is also likely to cut back on its aggressive expansion plans in Europe.
Kate Spade New York announced that it will buy its Japanese JV partner Sanei International’s 51% share in Kate Spade Japan.
Dollar General Corp. will buy back about $300 million in shares from Buck Holdings L.P., the company's controlling shareholder.
Safeway Inc. said it approved a $1 billion stock buyback program.
Target Corp. said it will buy back up to $5 billion in shares under a new stock repurchase program.
A Friday report by Reuters said that Wal-Mart Stores Inc. disclosed an agreement Thursday to sell more than 70 million shares by a firm controlled by members of the founding Walton family.
Safeway said its board of directors increased its stock buyback authorization by $1.0 billion, to $8.0 billion.
Limited Brands, parent to Victoria's Secret, Pink, Bath & Body Works, La Senza and Henri Bendel, said Thursday it will buy back up to $250 million of its shares.
RadioShack Corp. reported Tuesday that profit for the quarter ended Sept. 30 plummeted to $300,000, compared with earnings of $46 million in the year-ago period.
RadioShack Corp. announced Tuesday a 100% increase in its dividend and the authorization of a $200 million share repurchase program as part of a new capital allocation strategy.
Pier 1 Imports plans to buy back up to $100 million of its common stock.
Dollar Tree said that its board has approved a $1.5 billion share repurchase program.
The Kroger Co. said Thursday that its board of directors has approved a $1 billion share repurchase program.
Staples said Tuesday that its board of directors had approved a new $1.5 billion stock buyback program, replacing a previous program approved in June 2007.
CVS Caremark said its board has approved a $4 billion stock repurchase program and that it intends to complete an earlier $2 billion program before the end of this year.
Lowe’s Cos. on Monday said it has been authorized to buy back up to $5 billion of its common stock over the next two-to-three years.
Regency Centers said Monday it has acquired Rockridge Center, a 125,213-sq.-ft. grocery-anchored neighborhood center in Plymouth, Minn.
Walgreen Co. said Wednesday its board has authorized a new $2 billion stock buyback program.
Best Buy Co. said Tuesday that it will buy back $5 billion of its common stock and raise its quarterly dividend by 7%.
Wal-Mart Stores on Friday kicked off its annual shareholders meeting by announcing a $15 billion stock buyback that will replace a previous $15 billion repurchase plan begun a year ago.