Financial
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In Brief: Syms Loss Narrows... Hanesbrand Board Moves... Nuxe's Investor
Improved gross margins and a onetime real estate gain helped off-pricer Syms Corp. reduce its second-quarter losses.
— Sep 30, 2008
Stocks Plummet on Bailout Failure
Retail shares hit hard as Dow drops more than 700 points before post-vote rebound.
— Sep 29, 2008
Arcandor Sets Emergency Share Sale
Capital increase for ailing Karstadt parent will allow firm to retain stake in Thomas Cook Group.
— Sep 29, 2008
Tighter Credit Clamps Down on Fashion
Wall Street crisis affects financing, slows retail store openings and causes concern for the holiday season.
— Sep 29, 2008
Southeast Retailers Cope With Gas Shortages After Hurricane Ike
John Heavener, president of the Georgia Retail Association, predicted that sales at department and specialty stores could suffer steep drops.
— Sep 29, 2008
