Retail Trade

1-17 of 62 results

Fitch reaffirms Saks issuer default rating

AP News yesterday

Fitch reiterates Saks issuer default rating, keeps retailer's outlook at negative Fitch Ratings maintained the issuer default rating of Saks Inc. Wednesday and reaffirmed its outlook at negative. The ratings agency kept the company's B-, or junk, issuer default rating and said ...

Tiffany adds shine to holiday view, shares rise

Reuters US Online Report Business News yesterday

NEW YORK (Reuters) - Tiffany & Co <TIF.N>, which resisted the temptation to deeply discount its jewelry in the recession, posted earnings showing its upscale shoppers around the world are coming back to life. Tiffany's quarterly profit beat Wall Street expectations and ...

Grocer offers its first Black Friday promotion

AP News yesterday

Grocery chain Kroger joins Black Friday competition with gift card offer The nation's largest traditional grocery chain is getting into the Black Friday shopping game. Kroger Co. will give shoppers $10 back for every $100 worth of gift cards they buy at ...

EReaders, price war weigh on Barnes, Borders

Reuters US Online Report Technology News yesterday

NEW YORK (Reuters) - Top U.S. booksellers Barnes & Noble Inc <BKS.N> and Borders Group Inc <BGP.N> will pay a price for coming late to market with electronic book readers, analysts said. Barnes & Noble cut its full-year earnings forecast on Tuesday ...

Keke Palmer, Star of Nickelodeon's "True Jackson, VP" in NYC

Getty Images yesterday

NEW YORK - NOVEMBER 24: Actress Keke Palmer visits FAO Schwarz on 5th Avenue on November 24, 2009 in New York City. (Photo by Amy Sussman/Getty Images for Nickelodeon) Copyright 2009 Getty Images

Barnes & Noble cuts outlook; Borders sales fall

Reuters US Online Report Business News yesterday

NEW YORK (Reuters) - Barnes & Noble Inc <BKS.N> cut its full-year forecast on expectations of a tough holiday season and high costs for its Nook electronic reader, while rival Borders Group Inc <BGP.N> posted a wider-than-expected loss. Shares of both booksellers ...

More shoppers, cautious spending seen for Black Friday

AFP Global Edition yesterday

Shoppers are expected to come out in force but cling a bit tighter to their wallets for the kickoff of the holiday gift-giving season this weekend, new surveys showed Tuesday. The National Retail Federation said it expects 134 million people to be ...

More shoppers plan Black Friday visits

Reuters US Online Report Domestic News yesterday

SAN FRANCISCO (Reuters) - Up to 134 million U.S. consumers may shop for holiday gifts this Thanksgiving weekend, although most will check the bargains before venturing out, according to a survey released on Tuesday. The poll by the National Retail Federation on ...

Smart Spending: When Black Friday is worth effort

AP News 2 days ago

The Black Friday conundrum: When are the deals worth the crowds, early hours, checkout lines? Shopping on Black Friday can be daunting, with massive crowds, pre-dawn start times and long checkout lines. Roughly 77 million Americans are expected to head to stores ...

Borders Group reports smaller 3rd-quarter loss

AP News 2 days ago

Borders Group loses less money in 3rd quarter than year ago, book sales continue to decline Borders Group says it lost money for the third straight quarter as sales at its bookstores continued to decline, but the loss was smaller than a ...

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