Wall Street ends flat after mixed data

2010-03-12T13:45:24Z

<div><p>NEW YORK (Reuters) - Mixed consumer and retail data kept stocks near break even on Friday, but major indexes edged higher for a second straight week.</p><p>The S&P 500 failed to build on Thursday's gains, which pushed it to a 17-month high, in what was a tepid week for both bulls and bears. With few economic data points or corporate earnings reports, the stock market struggled for direction....

Madonna to launch fashion lines

2010-03-11T13:30:16Z

<div><p>BANGALORE (Reuters) - It appears the Material Girl will be getting a lot more material.</p><p>Pop star Madonna and Iconix Brand Group on Wednesday unveiled a joint venture to launch fashion brands gl...

Fewer discounts help U.S. stores weather February snow

2010-03-04T17:00:12Z

<div><p>CHICAGO (Reuters) - U.S. retailers posted their best monthly sales performance since just before the recession started in 2007, as lean inventories meant they did not need to resort to steep discounts.</p><p>The February results are the latest indication that consumers are comi...

Thursday premarket (SPG, GGWPQ, DIS, DDS,M)

2010-03-04T20:00:16Z

The SEC CHICAGO (Reuters) - Record snow along the U.S. East Coast and other regions likely muted retail sales in February, limiting increases in what was expected to be an easy month for retailers to show big gains over last year.</p><p>Retailers that were likely hit the hardest by the storms, based on location of their stores, include

Retailers profits rise, but customers hold back

2010-02-23T16:45:19Z

<div id="subtitle">Retailers post better fourth-quarter profits, remain in waiting game with reticent customers</div><div><p>A fleet of the nation's biggest merchants reported mostly better fourth-quarter profits Tuesday after a holiday season marked by cautiously stocked shelves and well-managed markdowns.</p><p>But the rosier results mask a tough reality: To build on their halting improvements, retailers will need shoppers who are willing and able to spend m...

Retail results improve but consumers still wary

2010-02-23T12:17:26Z

<div><p>CHICAGO (Reuters) - For retailers that sell everything from toilet paper to refrigerators, 2010 may be more about winning sales from competitors than about getting consumers to buy a lot more of their merchandise.</p><p>Discounters like Target Corp <TGT.N&g...

Macy's focuses on localization, sees 4Q profit

2010-02-23T11:01:10Z

<div id="subtitle">Macy's moves to 4th-quarter profit on lower expenses; focuses on localization efforts</div><div><p>Tight inventory management and reduced expenses propelled Macy's Inc. back to a fourth-quarter profit Tuesday as the nation's second-largest department store operator begins to see its localization efforts come to fruition.</p><p>Macy's attempts to become leaner heading into 2010 were eviden...

Summary Box: Macy's 4th-quarter profit

2010-02-23T10:45:28Z

<div id="subtitle">Macy's returns to a 4th-quarter profit; focuses efforts on its localization drive</div><div><p>THE RESULTS: Macy's Inc. returned to a fourth-quarter profit, helped by leaner inventory and lower expenses. Adjusted results beat analyst estimates.</p><p>THE NEW APPROACH: Macy's is concentrating its efforts on its localization drive, called My Macy's. The plan seeks to concentrate Macy's top ...

Macy's swings to profit; shares slip

2010-02-23T05:30:23Z

<div><p>CHICAGO (Reuters) - Macy's Inc <M.N> posted better-than-expected quarterly profit on Tuesday and forecast same-store sales growth this year of 1 percent to 2 percent.</p><p>The U.S. department store operator re...

Cutbacks could shorten Thanksgiving parade in NYC

2010-02-22T17:45:09Z

<div id="subtitle">NYC police calls for shorter parades, meaning world-famous Macy's event could be trimmed</div><div><p>New York City cutbacks could mean less of the world-famous balloons and floats at Macy's Thanksgiving Day Parade.</p><p>Police said Monday ...

Earnings Preview: Macy's Inc.

2010-02-22T12:30:21Z

<div id="subtitle">Analysts watching Macy's 4th-qtr report for sales forecasts, insight into shoppers' spending</div><div><p>Macy's Inc. reports its fourth-quarter results before the stock market opens Tuesday.</p><p>WHAT TO WATCH FOR: Any signs that shoppers are spending more on clothing and furnishings — and company forecasts for consumer spending in coming months.</p><p>Also: an update on Mac...

macys black history month

2010-02-19T18:47:35Z

Elin Lavar, Owner of Lavar Hair Designs Macy's celebrates you Black History Month New York City, USA - 18.02.10

JC Penney profit beats, sees sales rise; shares up

2010-02-22T08:20:31Z

&lt;div&gt;&lt;p&gt;NEW YORK (Reuters) - Department store operator J.C. Penney Co Inc &amp;lt;JCP.N&amp;gt; reported a higher-than-expected quarterly profit and said same-store sales would improve during 2010, sending its shares up nearly 7 percent.&lt;/p&gt;&lt;p&a...

U.S. department stores in fight for market share

2010-02-22T08:27:22Z

<div><p>NEW YORK (Reuters) - U.S. department stores are by and large set to report far better earnings in the coming week than they did a year ago in the thick of retail meltdown.</p><p>That's the easy part.</p><p>The hard part for laggards like

Go Red for Women National Casting Call

2010-02-05T12:31:35Z

NEW YORK - FEBRUARY 05: (L-R) Ms. International Erin Golden, Go Red Por Tu Corazon Spokesperson Melissa Marty, Macy's Executive VP of Marketing Martine Reardon and actress Jennie Garth attend the Go Red for Women Nationa...

January retail sales beat but momentum could fade

2010-02-22T11:57:34Z

<div><p>SAN FRANCISCO/NEW YORK (Reuters) - Top U.S. retail chains ended their fiscal year with better-than-expected January sales, but the current first quarter could be tougher if consumers overspent during the holiday season.</p><p>January same-store sales rose 3.3 percent based on a tally of 29 r...

Macy's posts 3.4 percent rise in January sales

2010-02-22T11:56:06Z

<div id="subtitle">Macy's posts 3.4 percent rise in January sales, credits local management strategy</div><div><p>Macy's Inc. raised its earnings outlook Thursday after posting improved sales in January, a sign that shoppers are returning to the department store after it suffered more than many retailers in the recession.</p><p>The department store operator sa...

Beyonce Launches Her Fragrance ''Heat'' At Macy's Herald Square

2010-02-03T18:31:14Z

NEW YORK - FEBRUARY 03: Grammy winning recording artist Beyonce launches her new fragrance "Heat" at Macy's Herald Square on February 3, 2010 in New York City. ...

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