Exclusive News Alert

08/27/2014 - 12:16

Roughly two months removed from an initial public stock offering, Michaels CEO Chuck Rubin said the company is on track to implement a multi-year strategic plan following the release of second quarter results that showed broad based sales strength and healthy margins.

08/26/2014 - 09:33

Fundamental changes in the way DSW serves its footwear customers in an omnichannel world will put significant pressure on profits during the second half of the year, according to president and CEO Mike MacDonald.

08/26/2014 - 08:48

Online sales at Best Buy grew 22% in the second quarter to $581 million, but that wasn’t enough to offset weak sales and traffic trends at physical stores or prevent the company from forecasting similar declines in the third and fourth quarters.

08/26/2014 - 08:08

In perhaps the most rapid shift in consumer behavior ever witnessed, the number of people who intend to buy something online has doubled from just three years ago, according to Nielsen’s new Global Survey of e-commerce.

08/20/2014 - 10:32

Target’s U.S. sales held up reasonably well in the second quarter, but weak results in Canada and expense pressures prompted the company to reduce its full year profit expectations a week after Brian Cornell became chairman and CEO.

08/20/2014 - 09:16

Gordmans Stores five month search for a CEO is over with veteran department store retailer Andrew Hall hired for the top job.

08/19/2014 - 10:23

Better than expected second quarter sales and profits at TJX Companies prompted CEO Carol Meyrowitz to strike an optimistic tone about the discount retailer’s future prospects.

08/19/2014 - 09:38

Dick’s Sporting Goods overcame weakness in its golf and hunting businesses to generate much better than expected second quarter same store sales and made further inroads in e-commerce.

08/19/2014 - 08:05

A 6.4% second quarter same store sales increase at U.S. stores enabled Home Depot to handily exceed analysts’ profit estimates and prompted the company to increase its full year outlook.