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Macy"s reversed its sales slump. But can the retailer sustain the rebound?

A year ago, Macy’s Inc. epitomized the nation’s t.....»»

Category: topSource: latimesAug 10th, 2018

Starbucks and China"s Alibaba to partner on delivery: media reports

Starbucks Corp and e-commerce company Alibaba Group Holding Ltd are set to join forces on coffee delivery, according to media reports, as the coffee retailer seeks to rebound from a sales slump in the once-booming China market......»»

Category: topSource: reutersJul 30th, 2018

US Housing Market Slump Continues: New Home Sales Tumble In July

Following yesterday's hope-crushing drop in existing home sales (weakest since Feb 2016), new home sales were expected to rebound 2.2% MoM after crashing over 5% in June, but they didn't as new home sales tumbled 1.7% MoM (after upward revisions). June's.....»»

Category: blogSource: zerohedgeAug 23rd, 2018

J.C. Penney shares slump 22% after wider-than-expected loss, revenue decline

J.C. Penney Co. Inc. shares slumped 22% in Thursday premarket trading after the department store retailer reported second-quarter losses that were wider than expected and sales fell. Net loss totaled $101 million, or 32 cents per shar.....»»

Category: topSource: marketwatchAug 16th, 2018

Why The Gap Inc. Stock Slumped Today

What happened Shares of The Gap Inc NYSE GPS tumbled on Wednesday along with other apparel retailer stocks While positive retail sales data from the U S Census Bureau painted a rosy picture for clothing sellers the severe negative reaction to Macy s NYSE.....»»

Category: futuresSource: nasdaqAug 15th, 2018

Macy's sales slow and shares plunge, but retailer pushed ahead with mobile checkout and other changes

Macy's sales surge slowed in the most recent quarter, signaling that the pay off from the department store's efforts at reinvention may have a ways to go. &#.....»»

Category: topSource: usatodayAug 15th, 2018

Macy"s rebound continues in second quarter

Macy's is raising its annual profit forecast as the department store reported an unexpected increase in a key sales measure......»»

Category: topSource: foxnewsAug 15th, 2018

Macy"s shares slide after sales decline

Macy's Inc. shares slide 4.4% in Wednesday premarket trading after the department store retailer reported a second-quarter sales decline. Net income totaled $166 million, or 53 cents per share, up from $111 million, or 36 cents per share, for .....»»

Category: topSource: marketwatchAug 15th, 2018

Why Dillard"s Latest Recovery Isn"t Here to Stay

Like its larger peers Macy s 160 and Kohl s Dillard s NYSE DDS experienced a rebound in sales and earnings growth beginning in late 2017 Comps rose 3 in the fourth quarter of fiscal 2017 and 2 the next quarter In this Industry Focus 160 video.....»»

Category: futuresSource: nasdaqJun 15th, 2018

Housing Rebound Dies: Higher Rates Spark New, Existing, & Pending Home Sales Slump

After disappointment in new- and existing-home-sal.....»»

Category: blogSource: zerohedgeMay 31st, 2018

How Macy"s uses virtual reality to drive sales

Macy's Inc. is turning to something more at home in Silicon Valley than the home goods section of a department store in order to drive sales: virtual reality. In a call with investors on May 16, Macy's (NYSE: M) CEO Jeff Gennette said the retailer i.....»»

Category: topSource: bizjournalsMay 23rd, 2018

Macy"s Shows Signs of Life After Prolonged Slump

After closing dozens of unprofitable stores, Macy’s reported higher sales at those locations still open amid the first signs that the department store giant is pulling out of a prolonged slump......»»

Category: smallbizSource: wsjMay 16th, 2018

Housing Market Is Faltering and Strong Economy Offers No Cure

The housing market is in a seven-month slump, the longest in four years, as the divergence between a booming economy and weakening home sales that many had dismissed as temporary now looks poised to continue......»»

Category: smallbizSource: wsj11 hr. 41 min. ago

Housing Market is Faltering and Strong Economy Offers No Cure

The housing market is in a seven-month slump, the longest in four years, as the divergence between a booming economy and weakening home sales that many had dismissed as temporary now looks poised to continue......»»

Category: smallbizSource: wsj12 hr. 56 min. ago

Economic Report: Existing-home sales slump to a near 3-year low as buyers back out

Sales of previously-owned homes stopped stabilizing and tumbled to the lowest since 2015 as familiar headwinds became too much for would-be buyers to overcome......»»

Category: topSource: marketwatch18 hr. 41 min. ago

Loonie Tumbles To 6-Week Lows After Inflation, Retail Sales Slump

The loonie has tumbled to six-week lows (above 1.31/USD) following dismal prints f.....»»

Category: blogSource: zerohedge19 hr. 56 min. ago

Mexico"s Walmex third-quarter profit driven by solid sales

Mexico's biggest retailer, Wal-Mart de Mexico , reported on Thursday a 7.9 percent rise in third-quarter revenue, capitalizing on sales traffic in Mexico that compensated for slow growth in Central America and a tough comparison base......»»

Category: topSource: reutersOct 18th, 2018

Casino confident on disposal plan, third-quarter sales accelerate

French retailer Casino , which is battling investor concern over its high debt, said sales growth accelerated in the third quarter, reflecting an improving performance in France and Brazil and it predicted a similar trend for the fourth quarter......»»

Category: topSource: reutersOct 18th, 2018

Lampert, Sears creditors gird for battle over recent asset sales

Creditors are sifting through the smoking ruins of Sears Holdings Corp.’s bankruptcy to question whether any of Eddie Lampert’s deals involving the bankrupt retailer were improper......»»

Category: topSource: moneycentralOct 17th, 2018

Lampert, Sears creditors gird for battle over recent asset sales

Creditors are sifting through the smoking ruins of Sears Holdings Corp.’s bankruptcy to question whether any of Eddie Lampert’s deals involving the bankrupt retailer were improper......»»

Category: topSource: moneycentralOct 17th, 2018

Retail Sales Rebound, But Is It Enough To Post Positive Earnings?

The highlight of the current economic calendar is retail sales,.....»»

Category: economySource: nasdaqOct 17th, 2018