Expect your T-shirts to get a little bit thinner next year — and maybe a little more expensive. Apparel retailers are looking high and low for ways to keep from passing on too much of their own rising costs to consumers. The t…
As retailers wrapped up their earnings reports this week, most said they’re back in cost-control mode and will tighten inventories after the holidays. Shoppers are still spending cautiously and costs are on the rise, so profits…
In a sign that holiday sales season will be better than initially expected, business inventories rose 0.9% in September as companies re-stocked their shelves for the nation’s busiest shopping period. The increase also suggests …
Department store operator J.C. Penney (JCP) reported third-quarter earnings of 19 cents per share, compared with 11 cents per share a year earlier.
Net sales rose 0.2% to $4.2 billion, while sales at stores open at least on year gained 1.9%, J.C. Pen…
The world’s largest retailer, Walmart Stores, wants to get even larger: It has joined the bidding war for Indonesian retailer Matahari’s hypermarket business, Hypermart, a deal that could be worth up to $1 billion, unnamed sour…