The third-quarter earnings season got off to a reasonably positive start for retailers, with department stores hoping colder weather heats up holiday sales, even as shoppers continue to prefer discounts and generally hold back …
Kohl’s Corp. (KSS) reported earnings of 63 cents per share for the quarter ended Oct. 30, unchanged from a year earlier.
The department store operator said net sales rose 4.1% to $4.2 billion. Sales at stores open at least one year rose 1.8%, the com…
The first of the major retailers will report quarterly earnings this week. Analysts expect to see strong results from Macy’s and Penney, but flat earnings from Kohl’s. Agilent may be one of this week’s biggest earnings gainers….
Shoppers are still being careful with their money and hunting for bargains, but generally positive October sales numbers suggest that consumers are beginning to look beyond the basics.
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Amazon has positions to fill in three fulfillment centers in two states. It’s joining other retailers such as Toys ‘R’ Us and Kohl’s is adding scads of temporary hires for 2010 holiday sales crunch — the most since 2007.
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