The bookseller had a “disappointing” quarter with comparable store sales down nearly 6%, but a deal with competitor Barnes & Noble to sell the Nook e-reader could help end the year on a more positive note.
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Dell’s third-quarter profit more than doubled from a year earlier as demand for its computers from larger companies and governments offset the effect of tepid consumer growth.
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Gap’s (GPS) fiscal third-quarter profit fell 1.3% as negative same-store sales for the clothing retailer’s Old Navy chain offset gains overseas. Shares fell in extended trading after the company failed to beat Wall Street earni…
Sears called its third-quarter results “disappointing” as losses nearly doubled from last year and revenue decreased 5%, primarily as a result of declines in domestic comparable-store sales.
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Limited Brands (LTD), owner of retail chains including Victoria’s Secret and Bath & Body Works, will pay out a special dividend of $3 a share.
The company also plans to buy back $200 million of its shares, Limited Brands said in a statement.
“W…