Financial
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Mike Ullman Spells Out Plans for J.C. Penney
His immediate goals include reconnecting with the customer via promotional marketing, rebuilding private brands and “fixing” the Internet business.
— May 20, 2013
Retail Apparel Prices Fall in April
The overall CPI fell 0.4 percent last month, as gas prices dipped.
— May 16, 2013
Nordstrom Sees Success With Topshop
On its first-quarter earnings call, retailer said the collection will be rolled out to another 28 stores this fall and 30 additional stores in early 2014.
— May 16, 2013
J.C. Penney Loss Widens to $348M in Q1
Myron “Mike” Ullman said retailer is refocusing on the customer after failed transformation effort.
— May 16, 2013
Kohl's Shareholders Vote for Independent Chairman
Proposal allows the company to wait to make the change with the next ceo.
— May 16, 2013
Kohl's Profits Fall 4.5%
First-quarter earnings beat projections despite fall, sales decline 1 percent.
— May 16, 2013
