$SKS News
Last published 5y ago
- 5y agoSKSWMTAMZNDepartment Stores Show New Signs of Life With Rare Sales GainBloombergSales at U.S. department stores just grew for the first time in more than a year after stimulus checks and holiday returns drove Americans back to the mall.
- 5y agoSKSWMTGOOGLTGT+7Online Retailers Rise With Spending Surge: Black Friday UpdateBloombergWith sparse crowds and none of the stampedes of holidays past, some retail watchers started to refer to Black Friday as Blasé Friday instead -- and that was even before the virus hit.
- 13y agoSKSAAPLNYTAMZNBatista Vow to Top Billionaire Slim Seen Fulfilled in 2024BloombergEike Batista is $3.2 billion closer to his target of becoming the world’s richest man after warning Mexican billionaire Carlos Slim that he planned to overtake him. At this rate, he’s unlikely to take the top spot before 2024.
- 13y agoSKSCYHMORNBRK/A+6Leveraged Loans Pass '12 Level With Record Ahead: Credit MarketsBloombergThe riskiest U.S. companies are stepping up their borrowing in the market for leveraged loans, with the amount of financings completed this year already exceeding what they raised in all of 2012.
- 13y agoZTSPFETOLLOW+3U.S. Stock Futures Rise Before Bernanke, Fed MinutesBloombergU.S. stock futures rose, after equity benchmarks climbed to record highs yesterday, as investors awaited Federal Reserve Chairman Ben S. Bernanke’s testimony on the economy and the central bank’s asset purchases.
- 13y agoSKSDDSKSSJWN+5J.C. Penney’s Post-Johnson Options Seen to Include SaleBloombergJ.C. Penney Co. made a radical break with tradition by hiring Silicon Valley wunderkind Ron Johnson as chief executive officer. With Johnson gone, the chain may have to pursue even more radical options, such as selling itself.
- 14y agoNMGSHLDQFTDIGS+1Barneys New York Taken Over by Perry Capital in Debt SwapBloombergBarneys New York has been taken over by Perry Capital in a debt-for-equity swap that reduces the luxury retailer’s borrowings by $540 million, allowing the chain to invest more in its rebounding business.
- 14y agoSKSDCTSaks Incorporated Announces Plans for New Distribution and Fulfillment Facility in TennesseeBusiness WireNEW YORK--(BUSINESS WIRE)--Retailer Saks Incorporated (NYSE: SKS) (“Saks or the “Company”) today announced it will expand its distribution and fulfillment capacity, adding a new facility in Tennessee in 2012.
- 14y agoAAPLJWNSKSM+5Stores Pay Price for Holiday Bargains as Profit Forecasts SlipBloombergRetailers are starting to pay the price for a discounting binge that was deeper and longer than ever -- especially stores that cater to middle-income shoppers.