Topic: Macy's Inc.
Madonna to launch fashion lines
Reuters US Online Report Entertainment News
BANGALORE (Reuters) - It appears the Material Girl will be getting a lot more material. Pop star Madonna and Iconix Brand Group on Wednesday unveiled a joint venture to launch fashion brands globally, starting with a juniors collection to be sold at Macy's department stores this August. The company, MG ...
Fewer discounts help U.S. stores weather February snow
Reuters US Online Report Business News
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. The February results are the latest indication that consumers are coming out of hibernation, although many of the ...
Thursday premarket (SPG, GGWPQ, DIS, DDS,M)
AlphaNinja
The SEC charged a Miami couple in a ponzi scheme. They're accused of defrauding investors of $135million, promising returns of 9-16% annually....and they blame the real estate industry:"Like thousands of other honorable business owners, Mr. and Mrs. Cantens were caught in the undertow of a massive collapse ...
Snow may have slowed retail sales
Reuters US Online Report Business News
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. Retailers that were likely hit the hardest by the storms, based ...
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