Ashley Lutz
Gap, Target same-store sales top estimates amid warmer weather
NEW YORK - Gap Inc. and Target Corp. posted February same-store sales that topped analysts’ estimates as unseasonably warm weather boosted purchases of spring...
J.C. Penney, Nordstrom shut Facebook stores
NEW YORK - Last April, Gamestop Corp. opened a store on Facebook to generate sales among the 3.5 million-plus customers who’d declared themselves “fans”...
January retail sales exceed estimates on post-holiday deals
NEW YORK - Same-store sales at U.S. retailers in January topped analysts’ estimates, led by Limited Brands Inc. and Target Corp., as shoppers took...
Stores pay price for holiday deals as profit forecasts slip
NEW YORK - Retailers are starting to pay the price for a discounting binge that was deeper and longer than ever -- especially stores...
Retailers post mixed December sales results
NEW YORK - Retailers reported mixed December same-store sales results, with companies that offered the right discounts topping analysts’ estimates, while others missed out...
Retail forecast for December raised at ICSC on discounts
NEW YORK - Retail sales at stores open more than a year may have gained as much as 4.5 percent in December, more than...
Sears distressed as investors reject closings
NEW YORK - Sears Holdings Corp.’s bonds have crossed into distressed territory as its plan to close as many as 120 locations - but...
U.S. retail sales rise 4.5% week before Christmas, ICSC says
NEW YORK - Sales at U.S. retailers rose 4.5 percent last week from a year earlier, as shoppers snapped up last minute purchases for...
National Retail Federation raises holiday sales forecast
WASHINGTON - Retail sales in the U.S. holiday shopping season may rise 3.8 percent to a record $469.1 billion, higher than an earlier forecast,...
Amazon stocked on toys that Wal-Mart, Target don’t have
NEW YORK - The number of out-of-stock toys is increasing at the websites of Wal-Mart Stores Inc., Target Corp. and Sears Holdings Corp.’s Kmart...
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