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Holiday sales are historically make-or-break for many retailers, and every year, several break — and even go out of business. Others make large cuts in their store numbers and employees. 24/7 Wall St. combed through the numbers and spotlights 10 retailers that won’t look the same next year — if they’re even around.

Continue reading The 10 Retailers That’ll Have a Not-So-Jolly Holiday

The 10 Retailers That’ll Have a Not-So-Jolly Holiday originally appeared on DailyFinance on Fri, 17 Dec 2010 13:30:00.

Filed Under: Company News, Columns, Investing, Retail, Stocks in the News

Holiday sales are historically make-or-break for many retailers, and every year, several break — and even go out of business. Others make large cuts in their store numbers and employees. 24/7 Wall St. combed through the numbers and spotlights 10 retailers that won’t look the same next year — if they’re even around.

Continue reading The 10 Retailers That’ll Have a Not-So-Jolly Holiday

The 10 Retailers That’ll Have a Not-So-Jolly Holiday originally appeared on DailyFinance on Fri, 17 Dec 2010 13:30:00.

Filed Under: Company News, Columns, Investing, Retail, Stocks in the News

Staples (SPLS) reported third quarter earnings of 40 cents per share, up from 37 cents a year ago.

Sales rose slightly to $6.5 billion, Staples said in a statement. Sales at stores open at least one year fell 1%.

“Our growth initiatives in North America continue to gain traction, and we’re making great progress improving the profitability of our International business,” CEO Ron Sargent said….

Continue reading Staples Reports Third Quarter EPS of 40 Cents

Staples Reports Third Quarter EPS of 40 Cents originally appeared on DailyFinance on Thu, 18 Nov 2010 07:18:00.

Filed Under: Company News, Earnings, Retail