Sears loss widens as discounts fail to arrest fall in sales
(Reuters) - Sears Holdings Corp posted a bigger loss for the first quarter as the struggling retailer failed to arrest a fall in sales despite offering heavy discounts to woo...
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Lowe’s May sales improve, severe winter hits first-quarter results
(Reuters) - Lowe's Cos Inc , the world's No.2 home improvement chain, said sales picked up in May, after a severe winter in the United States hurt its quarterly results....
Macy’s sticks to 2014 forecast as sales pick up after hard winter
(Reuters) - Department store operator Macy's Inc stuck to its full-year profit forecast as business picked up after a severe winter in the United States that hurt first-quarter sales. Macy's...
Office Depot to close 400 U.S. stores, shares jump
(Reuters) - Office Depot Inc said it would close at least 400 stores in the United States over two years as it looks to consolidate operations after acquiring OfficeMax, and...
Staples to shut 225 stores in North America as sales fall
(Reuters) - Staples Inc said it would close up to 225 stores in the United States and Canada - 12 percent of its North America outlets - and forecast another...
Staples to shut 225 stores in North America as sales fall
(Reuters) - Staples Inc said it would close up to 225 stores in the United States and Canada - 12 percent of its North America outlets - and forecast another...
Apparel retailer American Eagle CEO to leave in surprise move
(Reuters) - American Eagle Outfitters Inc's said its chief executive of two years, Robert Hanson, would leave the company in a surprising move at a time when U.S. teen apparel...
Cosmetics maker Revlon to exit China
(Reuters) - Revlon Inc said it would exit China, where sales of its cosmetics have been falling, and cut more than 1,000 jobs as part of a restructuring designed to...
Struggling Sears to spin off Lands’ End clothing business
(Reuters) - Eddie Lampert-controlled Sears Holdings Corp said it would spin off its Lands' End clothing business, adding to the assets the company is shedding as it struggles with mounting...
Apparel retailer Express warns of weak holiday quarter
(Reuters) - Apparel retailer Express Inc joined other U.S. retailers in forecasting a weaker-than-expected holiday quarter as muted Thanksgiving sales resulted in heavy discounting. Express's shares fell as much as...