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May 17, 2008
financial industry
May 14, 2008
One of the plum jobs in American retailing has just opened up — but it's rife with challenges.
May 14, 2008
Wal-Mart Stores Inc. posted higher first-quarter earnings and sales and said its apparel business is ready to "kick into high gear" with warmer spring weather.
Wednesday, May 14, 2008
Liz Claiborne Inc. chief executive officer William L. McComb's tale of two cities analogy continues to haunt him. ...more
Retail sales at specialty stores increased 0.7 percent to $19.02 billion in April, but fell 0.1 percent to $16.97 billion at department stores as that channel continues to struggle....more
Robust sales in South America, Eastern Europe and China offset slower growth in France as Carrefour on Tuesday reported a 10.2 percent jump in first-quarter sales....more
American Apparel Inc. on Tuesday reported a 34 percent decline in first-quarter earnings, hurt by start-up costs for a new dyeing and finishing facility....more
TJX Cos. Inc. said Tuesday that first-quarter income increased almost 20 percent as shoppers squeezed by rising gas and food costs and tight credit hunted for lower-priced items....more
The massive earthquake that struck southwestern China on Monday left only moderate damage in the retail areas of Chengdu — the largest city near the quake's epicenter — cutting power and leaving most stores closed....more