Finance & Capital Management

Signet Jewelers attracted large numbers of Christmas shoppers over the fourth quarter as the parent company of Zales, Kay and Jared posted a jump in same-store sales.

The world's largest retailer of diamond jewelry reported that for the period ended Jan. 30, same-store sales increased 4.9%. Diluted earnings per share grew over 20%. Adjusted EPS increased over 18% and ahead of the guided range.

Loblaw on Thursday posted $33.6 billion in revenue for its year ended Jan. 2, a 6.5% lift with one week less of sales - Loblaw's fiscal 2015 represents 52 weeks while fiscal 2014 represents 53 weeks.

Photo: Starbucks CEO Howard Schultz at Milan’s Duomo Cathedral

Ahold on Monday announced that the King of the Netherlands has honored its request to use the predicate “Koninklijke” (“Royal”) after its intended merger with Delhaize Group.

Upon completion of the proposed merger, the statutory name of the combined company will be “Koninklijke Ahold Delhaize N.V.”

J.C. Penney on Monday received an official vote of confidence in its performance: an improved credit rating.

Fitch Ratings upgraded Penney’s credit rating, saying the department store retailer has “demonstrated a meaningful turnaround of its business over the last over the last two years.” Fitch upgraded Penney from B- to B with a positive outlook.

Salt Lake City -- Vestar, in a joint venture with funds managed by Oaktree Capital Management, announced that it has acquired a 623,205 sq. ft. open-air retail and entertainment center within The Gateway located in downtown Salt Lake City.

Hanford, Calif. – Passco Companies announced four leases at Hanford Mall located in Hanford, California. Set to open summer 2016, the new retailers include Buffalo Wild Wings, Five Guys, Dunkin Donuts, and Pieology.