Top Stories - Newsletter

11/20/2013 - 19:06

Home improvement retailers are reaping the rewards of a healthier housing market and so is Williams-Sonoma. The company reported strong third quarter results and raised its fourth quarter outlook as a result.

11/20/2013 - 17:40

Strong retail sales in the month of October point to a good holiday sales season ahead. According to the National Retail Federation, October retail sales, excluding automobiles, gas stations and restaurants, increased 2.5% seasonally adjusted over September, and 4.2% unadjusted from 2012.

11/20/2013 - 14:37

Despite a weak demand for core office supplies, Staples is driving growth online and in new categories, which resulted in net earnings of $135.2 million for the third quarter ended Nov. 2, compared with a loss of $596.2 million a year earlier.

11/20/2013 - 13:09

Despite posting a larger-than-expected loss for its third quarter, J.C. Penney pointed to hopeful signs that its business is starting to stabilize as its heads into the holiday season.

11/20/2013 - 11:41

Thanks to a housing market that continues to flourish, Lowe's had a solid third quarter, with sizable gains in earnings and sales.

11/19/2013 - 16:18

The TJX Companies’ net income for the third quarter soared 35% to $622.6 million from $461.5 million in the year-ago period. The better-than-expected results prompted the company to raise its full-year guidance.

11/19/2013 - 16:03

Best Buy warned that its margins may take a hit this quarter in what is shaping up to be an extremely competitive environment, following third quarter results. The company posted a net income of $54 million for the quarter amid tight cost controls, compared to a net loss of $10 million during the same period a year earlier.

11/18/2013 - 15:37

Retailers anticipate a 3.1% increase in sales on Black Friday this year, mirroring their projections from last year. However, a new a survey by BDO USA shows that retailers predict sales will grow by 3.7% this year, down slightly from last year’s sunnier 4.3% growth projection.

11/15/2013 - 16:59

HSN is a shining example of a retailer that successfully reinvented itself to become a $3 billion interactive multichannel operator and in the process shattered perceptions about what a career in retail looks like.

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