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FINANCE

  • Nordstrom may go private

    One of the nation's most successful department store retailers may remove itself from the scrutiny and pressure of Wall Street.    

  • Industry Commentary: Nordstrom

    Greg Portell, lead partner in the retail practice of A.T. Kearney, a global strategy and management consulting firm, answers a few questions regarding the news that Nordstrom may go private.    What does this move mean for Nordstrom — how might it play out?  

  • Fast-growing home decor chain raises outlook

    At Home reported a strong first quarter, helped by the addition of 23 new stores the chain opened in the past 12 months — and there are more on the way.   

  • Specialty apparel retailer Q1 sales up 22%

    Duluth Trading Company continues to grow its sales and store footprint.    The retailer of men’s and women’s workwear, casual clothing, and accessories reported that net sales increased 21.9% to $83.7 million in the quarter ended April 30, up from $68.6 million in the prior-year first quarter. It was the company's 29th consecutive quarter of increased net sales year-over-year.  

  • The top emerging global retail markets are....

    India tops an annual list of the 30 top developing countries for retail investment, pushing China, which took the No. 1 spot for the past several years, into second place.  

  • More store closings in the works at Sears

    As Sears Holdings continues to struggle, the chain has once again updated is restructuring plan.   The embattled retailer has added 72 more stores to its list of upcoming closures. This is in addition to more than 180 closings that it already an-nounced, according to Business Insider.   

  • Convenience store retailer’s Q4 misses Street

    Despite 16 consecutive years of positive same-store sales growth among key categories, Casey’s General Stores’ top and bottom line revenues missed the mark in the fourth quarter.  

  • Accenture: Digital innovation to drive trillions of dollars in value

    Retailers could unlock $2.95 trillion in value over the next decade simply by investing in transforming, digitally driven business models.   
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