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Industry Center - Department Stores
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Department Stores News
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1. How the major stock indexes fared on Monday - AP - 54 minutes ago
The stock market closed out its best month since the summer, posting big November gains even as investors worried about the strength of the holiday shopping season. Stocks zigzagged Monday but finished modestly higher as traders ultimately were not deterred by reports that retail sales were overall uninspiring during the Thanksgiving weekend.
2. S&P upgrades Saks outlook to stable from negative - AP - Mon 6:13 pm ET
Standard & Poor's Ratings Services upgraded its outlook on high-end department store retailer Saks Inc. to stable from negative Monday, based on the retailer's improved cash position.
3. Black Friday Results Mixed - SmallCapInvestor.com - Mon 12:00 am ET
Americans may have had a few days off for the Thanksgiving holiday, but that doesn’t mean it was an uneventful week around the world...
4. Update: Sears.com and Kmart.com Help Navigate Shoppers to Cyber Monday Deals - PR Newswire - Fri Nov 27
With Cyber Monday just around the corner, shoppers can find great online deals using innovative online tools that help make shopping easier than ever via Sears.com and Kmart.com. From online layaway, to Sears' ShipVantage and ShopYourWay programs, both retailers are making it easier for shoppers to navigate online and do all of their holiday shopping from the convenience of their home, office or anywhere that they're connected to the Internet.
5. Bon-Ton Investors May Be Starry-Eyed - RealMoney by TheStreet.com - Tue Nov 24
The debt-heavy retailer has to sell a lot of merchandise just to break even.
6. Sears and Kmart Make Black Friday Shopping Easier and More Convenient Than Ever Before - PR Newswire - Tue Nov 24
Sears and Kmart are celebrating the busiest shopping day of the year, Black Friday, by making the shopping experience easier and more rewarding than ever before. Both retailers will have the best deals on all the must-have gifts of the season, extend store hours and offer convenient shopping options such as layaway , but that's not all.
7. The Magic of Christmas: Macy's Celebrates the Holidays With Communities Across the Country - Business Wire - Mon Nov 23
NEW YORK----Shopping at Macy’s at Christmas is an experience steeped in tradition. The home of beloved holiday events across the country, Macy’s will be celebrating the season with such favorites as Macy’s Santaland®, animated holiday windows, tree lightings, fireworks and parades.
8. Fitch boosts outlook on Bon-Ton Stores - AP - Fri Nov 20
Fitch Ratings raised its outlook for Bon-Ton Stores Inc. on Friday from "Negative" to "Stable," citing the department store operator's reworked credit agreement.
9. Earnings Preview: Macy's Inc. - AP - Mon Nov 9
Macy's Inc. reports earnings for the third quarter on Wednesday before the stock market opens. The following is a summary of key developments and analyst opinion related to the department store chain during the period.
10. Sears Holdings names John D. Goodman EVP of unit - AP - Mon Nov 9
Retailer Sears Holdings Corp. said Monday it named John D. Goodman executive vice president of its apparel and home unit.
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