Cotten Timberlake
Tiffany CEO to be succeeded by current president in 2015
WASHINGTON – Tiffany & Co. CEO Michael Kowalski will step down in 2015 after more than 15 years running the luxury jeweler, passing the...
Retailers miss quarterly estimates by most in 13 years
WASHINGTON – U.S. retailers’ first-quarter earnings are trailing analysts’ estimates by the widest margin in 13 years after bad weather and weak spending by...
Tiffany profit forecast trails estimates as store costs climb
(Updated, 12:13 p.m.)
NEW YORK - Tiffany & Co., the world’s second-largest luxury jewelry retailer, posted fourth-quarter profit that trailed analysts’ estimates and forecast profit...
Staples to shut 225 stores as online competition hurts sales
WASHINGTON – Staples Inc., the largest U.S. office-supplies chain, will close as many as 12 percent of its North American stores and cut as...
CVS profit exceeds estimates on higher pharmacy sales
(Updated, 10:15 a.m.)
WASHINGTON – CVS Caremark Corp., the largest provider of prescription drugs in the U.S., posted fourth- quarter profit that topped analysts’ estimates...
Macy’s forecasts profit ahead of estimates amid job cuts
WASHINGTON - Macy’s Inc., the second-largest U.S. department-store company, forecast profit for its next fiscal year ahead of analysts’ estimates and disclosed a program...
Holiday sales rise 3.5% on discounts, SpendingPulse says
NEW YORK – U.S. retail sales rose 3.5 percent during the holiday season this year, helped by deep discounts at malls and purchases of...
Sears to Macy’s lure wary shoppers with Black Friday deals
NEW YORK – When J.C. Penney Co.’s store in New York’s Herald Square opened at 8 p.m. yesterday, Paula Mason was the first shopper...
Tiffany profit tops estimates after jewelry price increases
NEW YORK - Tiffany & Co., the world’s second-largest luxury jewelry retailer, reported second-quarter profit that topped analysts’ estimates as price increases and declining...
Tiffany profit tops analysts’ estimates as Asian sales gain
WASHINGTON - Tiffany & Co., the world’s second- largest luxury jewelry retailer, reported first-quarter profit that topped analysts’ estimates, led by demand in Asia....
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