Macy’s holiday sales disappoint; slashes sales and profit outlookThe nation’s largest department store retailer reduced its outlook for the current fiscal year on the heels of weak holiday sales. Report: Kohl’s to shutter four stores and a customer-service centerKohl’s is making several moves to lift its performance. Target’s holiday same-store sales soar Target Corp. posted stronger-than-expected holiday sales amid a surge in traffic to its stores and website. Eddie Lampert sweetens bid for Sears Sears Holdings Corp. has been given an eleventh hour lifeline. Fitch Ratings names retailers at ‘significant risk of default’ Retail defaults are expected to pick up in 2019. Analysis: J.C. Penney’s biggest problem area is in apparel Although this was a jolly holiday for most retailers, there was little cheer for J.C. Penney where comparable sales dropped by 5.4% on an unshifted basis. Analysis: Sears to serve as case study of ‘how not to run a retail operation’ Reports of Sears headed to liquidation suggest that the much-storied retailer is now at the end of its long road to collapse. J.C. Penney to close three stores as part of ongoing review J.C. Penney on Tuesday gave a preliminary update on its holiday results and suggested some store closings are ahead. Beauty retailer files Chapter 11; plans sale Beauty Brands has declared bankruptcy. Sears gets last-minute reprieve Sears Holdings Corp. is still in the game — at least until Jan.14. First Previous 364 365 366 367 368 Next Last