More From Evan Clark
TJX Sales Rise 16.6%, Lifting Quarterly Net
NEW YORK -- TJX Cos. ended a break-even year with double-digit increases in fourth-quarter sales and profits.
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Revlon Cuts Loss In Quarter
NEW YORK -- Although Revlon Inc.'s fourth-quarter losses narrowed, results were lower than expected and sugges…
Berkshire Said Eyeing Tyco’s CIT Finance Unit
NEW YORK -- Berkshire Hathaway is reportedly among the parties interested in acquiring Tyco International's CI
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Wal-Mart Posts 9.2% Net Gain
NEW YORK -- Wal-Mart Stores' sporty British import, George, is completing its conquest of the U.S. by rolling
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May’s Annual Profits: First Drop In 27 Years
NEW YORK -- In another vivid sign that retailing was rough last year, The May Department Stores Co. on Thursda
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VF Losses Hit $112.6M In Quarter
NEW YORK -- The costs of slimming down to grow sank VF Corp.'s bottom line in the fourth quarter when the firm
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Lauder Sees Growth Slowing As Sales, Net Drop In Quater
NEW YORK -- Retailers' cautious approach to inventories helped depress Estee Lauder Cos. Inc.'s second-quarter…
Charming Shoppes Slims Down To Grow
NEW YORK -- Furthering its focus on the plus-size market, Charming Shoppes Inc. will close 207 stores, taking…
Retail Downgrades On The Upswing
NEW YORK -- Kmart Corp.'s fall from grace and into Chapter 11 could be documented as easily from its debt down
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Saks Inc. ‘Disappointed’ By Debt Downgrade
NEW YORK -- Moody's Investors Service downgraded Saks Inc.'s debt, citing sluggishness through the chain's ope
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Sears Net Climbs
NEW YORK -- Fourth-quarter earnings came in on target, and inventories lean, as Sears, Roebuck & Co. got down
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Federated Exits Fingerhut
NEW YORK -- Federated Department Stores Wednesday finally pulled the plug on its troubled Fingerhut subsidiary
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O’Neill Expects Slow Retail Recovery
NEW YORK -- Treasury Secretary Paul O'Neill feels retailing's pain.
While not hazarding a guess about when the…
Cost-Cutting at Coldwater Creek
NEW YORK -- The flagging economy is chilling Coldwater Creek Inc., which will close a distribution center, cut…
A Pleasant Surprise from Dec. Comps
NEW YORK -- The prognosis was dire, but the patient managed to pull through.
A late burst of promotion-induced…