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Retailers Plunge Along With Market
Original at TheStreet.com
• Mon, Jun 15
In the department store sector, Macy's(M Quote) experienced the biggest drop, falling 5% to $11.92. Sears slipped 3% to $66.82, Kohl's(KSS Quote) fell 2% to $45.65 and JC Penney(JCP Quote) dropped 3.5% to close at $28.15. Another big decliner was Rite ...
Retailers Shed Baseless Gains
Original at TheStreet.com
• Wed, Jun 3
Rite Aid(RAD Quote) also gave up several days of big numbers, falling 5.5% to $1.35, while rival CVS Caremark(CVS Quote) slipped 3% to $30.49. In the department store sector, Macy's(M Quote) sank 4% to $13.37, Sears (SHLD Quote) slipped 1% to $66.42 ...
Kohl's Wins Battle in Department Store War
Original at TheStreet.com
• Mon, Jun 1
The stores will open in the fall. While the company has been posting same-store sales declines, the losses are less severe than those reported by competitors like Macy's(M Quote) or JC Penney(JCP Quote). Ahead of the Bell: Analyst upgrades Kohl's Forbes all 8 news articles
Play Time Over at Macy's
Original at TheStreet.com
• Fri, May 29
FAO-branded merchandise will be swept clean from the Macy's sales floor by November. FAO Schwarz signed an exclusive agreement with Macy's last May, allowing the department store to open FAO-operated toy stores and sell products on macys.com. ...
Macy's CEO Attempts to Calm Fears
Original at TheStreet.com
• Sun, May 17
Don't worry Macy's(M Quote) shareholders, the department store will save $400 million a year starting in 2010. This is what the company's CEO told investors during an annual meeting on Friday. Of course, while this information is all well and good, ...