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Target Department Stores

Sears swings to loss; Target, Kohl's profits drop

MarketWatch -
By Andria Cheng, MarketWatch NEW YORK (MarketWatch) - Sears Holdings Corp. reported another disappointing quarter as it swung to a fourth-quarter loss and sales continued to weaken across its Sears department store chain and Kmart discount unit.

Sears quells fears about liquidity; shares soar

Reuters -
The operator of Sears department stores and the Kmart discount chain said it intends to separate its Sears Hometown and Outlet businesses and certain hardware stores through a rights offering expected to raise $400 million to $500 million.

Zellers workers face job loss in Target takeover

rabble.ca -
By Kendra Coulter Many Canadians know that US retail giant, Target, is coming to Canada. What most people do not know is that thousands of Canadians will be losing their jobs as a result.

Apple's New Retail Store Within Harrods Will Open In Time For iPad 3 [Rumor]

Written by
Cult of Mac -
We first heard about Apple's plans to open a retail store within London's world-famous Harrods department store back in January, but we had little information on the store's launch date. Sources “inside Harrods” are now reporting that it will open its ...

Penney's 4Q results to shed light on strategies

CBS News -
(AP) NEW YORK - The fourth-quarter results expected Friday from JC Penney Co. could offer clues on how shoppers are reacting to the department store chain's new strategy of limiting temporary discounts in favor of offering consistently lower prices ...

Fourteen People Charged in Shoplifting Crackdown at Target

Patch.com -
By Davy James Fourteen individuals were charged with shoplifting at the Target department store on Route 1 over the last month.

American Tower, Express Scripts, Kohl's, Target Corp.

Ticker Magazine -
Kohl's Corporation (KSS) dropped 5.2% or $2.75 to $49.44 after the department stores operator reported fourth quarter net sales flat to $6.02 billion from $6.04 billion in the same quarter last year.

Target to remodel Chambersburg store, hire additional staff

Chambersburg Public Opinion -
By MARCUS RAUHUT Staff writer Shoppers enter and exit Target Department Store in Chambersburg, Pa. the day after Christmas to take advantage of post holiday deals.

Vivus shares soar on US drug backing

Financial Times -
Also reporting weak retail earnings was Target, the US mass market retailer. Shares in the bullseye brand were little changed at $52.98 on reports that income fell 5 per cent.

Morgan Stanley Boosts Target for Macy's; Deserves Higher Multiple (M)

Dividend.com (blog) -
By Dividend.com Staff Department store operator Macy's, Inc. (M) on Wednesday caught some positive commentary from analysts at Morgan Stanley.

Battle over Iowa department store shows some cities will raid neighbors in ...

Minneapolis Star Tribune -
Coralville first tried to negotiate with Nordstrom's, Target and others, but those companies weren't interested or the talks fell apart.

Visions for Vacancies: Reader Feedback on Merritt Park Shopping Center

Patch.com -
Many readers believed that a large more upscale department store such as Kohls or Target would be perfect for the shopping center.

Can jcpenney's new CEO revive business with new strategy?

Dallas South News -
You can leave a response or trackback to this entry By Laura Murphy Since the retail chain's beginnings in 1902, JC Penney has been a go-to department store for the middle-class American in search of discount merchandise. In recent years the retailer's ...

Ontario Zellers employees ratify deal as stores close

TheChronicleHerald.ca -
TORONTO - Unionized workers at Zellers stores in Ontario have ratified a new contract that provides more severance as the retailer shuts down stores and resells others to non-union buyers - US discount retail giants Target and Walmart.

'Worst Economic Crisis Since 1929'

CNBC.com -
For the full year, Target saw its strongest growth in same-store sales since 2007. The retail giant plans to open its first store in Canada in early 2013.

Jason Wu releases collection at Target stores

The Baylor Lariat -
By Jamie Lim In September 2011, it was Missoni for Target. Later in November, it was Versace for H&M. Now the spotlight is on Jason Wu for Target. Earlier this month, Wu's line for Target was officially available at stores and online.

Fossil, Inc. Appoints Diane Neal to Its Board of Directors

www.DiamondNe.ws -
Prior to joining Gap Inc., Ms. Neal spent 22 years with Target Corporation in multiple divisions, including Dayton's Department Stores (now Macy's), Mervyn's, Target Sourcing Services and Target Stores. During her career with Target Corporation, ...

US STOCKS-Futures little changed ahead of jobless claims data

Reuters -
Kohl's Corp slipped 1.3 percent to $51.50 in light premarket trade after the department store chain said it expects its sales to rise again this fiscal year, but gave a profit forecast that missed analysts' estimates.

Updates, advisories and surprises

MarketWatch -
... hardware stores from its core department store business. Under the rights deal, holders of common stock will be able to purchase shares in the newly-formed Sears Hometown and Outlet Stores units.

The big retailers that have aced Facebook, and how to emulate their success

Current.com.au -
By Claire Reilly Many large department stores and retail chains in Australia maintain a strong Facebook presence as a means to increase customer loyalty and brand exposure.
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