Financial

Retail

Financial

Page 124 of 184

Bill Simon Named CEO of Wal-Mart U.S.

Wal-Mart makes Eduardo Castro-Wright president and ceo of Global.com and Global Sourcing.

Takashimaya Q1 Net Profit Grows Fourfold

The retailer has sold its Fifth Avenue property for $142 million.

H&M Profits Up 24 Percent in Second Quarter

Swedish retailer’s spring sales disappoint due to cold weather.

Father's Day, Brooks Brothers, Barneys New York, Saks Fifth Avenue, Lord & Taylor

Retailers Buoyed by Strong Father's Day

Shoppers turned out for Father’s Day, lifting the spirits of retailers and affording them the opportunity to meet or exceed plan.

Republic Sold to TPG Capital

Change Capital sells denim and sportswear retailer for an estimated $447 million.

Retail Apparel Prices Rise 0.2% in May

Retail apparel prices increased in May compared with April, but fell 0.6 percent compared with a year earlier.

father's day, NRF, brooks brothers, Lord & Taylor

Retailers See Uptick in Father's Day Sales

A new survey shows consumers will spend an average of $94.32 on Father’s Day gifts this year.

department stores, saks, macy's, penney's, myers, marks & spencer

Department Stores Adapt and Transform

Execs at Global Department Store Summit in New York say the sector has turned a corner.

NRF Survey Shows Decline in Shrinkage

Some improvement seen in 2009 for retail merchandise losses.

Metropark USA Withdraws IPO Plans

The 69-unit Metropark chain cites 'changed circumstances' as reason for withdrawal.

Former Aeropostale Supplier Indicted on Fraud Charges

Douglas Dey, the owner of a former supplier of Aéropostale, was arraigned in Brooklyn federal court in connection with a multimillion-dollar kickback scheme.

Vertical Retailers Dominate Retail Health Ratings

Aéropostale and Urban Outfitters placed second and third respectively in Consensus Advisors’ annual Retailer Health Ratings.

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