Women’s Wear Daily
04.19.2014

Financial

Business

Financial

Page 5 of 1070

Retail Stocks In Biggest Decline of Year

S&P 500 Retailing Industry Group down 3% as major indices sell off.

The Hunt Closes on $10M Series B Round

Ben Ling joins The Hunt board.

Marks & Spencer Posts 1.9 Percent Rise in Q4 Sales

The retailer's general merchandise revenues fell 0.6 percent on a same-store basis.

Fast Retailing Cuts FY Profit Forecast

Net profit for the first half fell 1.4 percent and the company warned it will face tougher conditions in the second part of the year.

Retail Shares Gain 1.1% on Wall Street

Federal Reserve notes indicate only slow increase in interest rates.

Belk's Net Income Down 15.9%

Big investments in technology and lower margins pushed the company's net income down from last year.

Intercos Gearing Up for IPO

Dario Ferrari is expected to sell about one third of his company, which he would still control.

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