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NEW YORK - While retailers are feeling consumers penny pinch, shares of discount chains are faring better than their full-priced and upscale counterparts. An analysis of 12 discount, off-price and [...]

U.S. textile and apparel producers and department stores cut payrolls in May, bucking the broader trend that added 157,000 jobs across the economy. Unemployment stayed at 4.5 percent. Compared with [...]

On Wall Street last Tuesday, retail shares suffered a heavy blow in the wake of Hurricane Katrina. The S&P Retail Index fell 1.7 percent to 447.63, while the broader S&P [...]

Kudos to KMART HOLDING CORP. for coming up not only with good numbers in the fourth quarter but also for candor in identifying what it needs to do in the [...]

Retail stocks rocked in 2003. A survey of more than 100 publicly traded retailers and vendors tracked by DNR saw their cumulative market capitalization increase by more than $70 billion [...]

Maybe now, with CONSUMER CONFIDENCE on the rise once again, it will take only a strong fashion trend or two, rather than a minor miracle, to propel spring 2002 apparel [...]

DETROIT -- Kmart leadership is annoyed and puzzled by the stock market. The retailer's Route 66 apparel line has almost reached $1 billion stature, Martha Stewart Everyday products will sell [...]

FASHION SHARES STRONG IN '89, LBOs HURT SOME NEW YORK (FNS) - The stock market was strong last year, and generally fashion stocks participated in the festivities. However, leverage took [...]

NEW YORK -- Following the release by a group of banks of collateral backing Kmart's $2.5 billion revolving-credit facility, Moody's Investors Service raised its ratings on Kmart's senior unsecured debt. [...]

The board of Wal-Mart Stores Inc. approved a dividend increase and a plan to repurchase $2 billion worth of stock over the next 12 to 18 months. The discount giant [...]

NEW YORK -- Retail stocks moved ahead crisply Monday following reports of strong sales over the Thanksgiving Day weekend. Among the strongest movers Monday were Abercrombie & Fitch, up 1 [...]

NEW YORK -- Kmart Corp. stock went wild Tuesday on rumors that Kohlberg Kravis Roberts & Co. was interested in buying the discount chain. Both KKR and Kmart declined comment [...]

BENTONVILLE, Ark. (FNS) -- Wal-Mart Stores Inc. plans to double the size of its stock-buyback program to $400 million from $200 million. The discounter has repurchased $181 million worth of [...]

BURLINGTON, N.J. (FNS) -- Burlington Coat Factory Warehouse Corp. plans to repurchase up to $5 million worth of its common stock over the next two years. At current prices, $5 [...]

NEW YORK (FNS) -- Stein Mart Inc. said a secondary offering of 3.85 million shares by two principal officers has been priced at $21.75 per share. The offering was filed [...]

NEW YORK (FNS) -- Wal-Mart Stores Inc. said it will boost its stock-buyback program by $50 million to bring the total amount of stock available for repurchase to $200 million. [...]

NEW YORK (FNS)--Citinga 'significant' increase in secured debt and poor operating results, Standard & Poor's cut the credit ratings of Kmart Corp. and continued the outlook as negative. Coming on [...]

NEW YORK - Shares of J.C. Penney Inc. rose 1 1/8 to 52 5/8 Monday on the New York Stock Exchange after Prudential Securities Inc. upgraded the retailer to 'buy' [...]

NEW YORK (FNS) -- Moody's Investors Service said it will review the debt ratings of Kmart Corp. for a possible downgrade, noting that the discounter's proposed credit agreement puts bondholders [...]

J.C. PENNEY boosted its quarterly cash dividend to 52 cents a share from 48 cents. The new dividend is payable May 1 to shareholders of record on April [...]

NEW YORK (FNS) - Kmart Corp. shares have risen 15.8 percent this week as senior executives met with Wall Street analysts here and in Troy, Mich., in an apparent successful [...]

NEW YORK -- Citing subpar returns from Wal-Mart Stores Inc.'s expansion into supercenters and international stores, Moody's Investor Service downgraded the discounter's debt ratings. The ratings lowered include senior unsecured [...]

NEW YORK - Standard & Poor's lowered its outlook on Pamida Inc. to negative from stable, affecting $140 million in debt. S&P also affirmed the discounter's corporate credit rating at [...]

NEW YORK (FNS) - Kmart Corp.'s ability to sell its $1.2 billion multiple shelf registration was not helped Thursday when Moody's Investors Service rated Kmart's future senior unsecured debt issue [...]

NEW YORK (FNS) -- The stock market reacted happily Thursday to Kmart Corp.'s announcement Wednesday that it had worked out an agreement with some bond holders eliminating the immediate danger [...]

NEW YORK (FNS) -- The stock market plunged Monday in the face of another partial government shut down and technical problems that delayed trading on the New Stock Exchange for [...]

NEW YORK - Citing the weak retail market and slowed growth at Wal-Mart Stores Inc., Moody's Investors Service placed its ratings of the retailer's $8.6 billion in long-term debt under [...]

NEW YORK (FNS) - Kmart Corp. is close to an agreement with the holders of most of the $681 million in real estate-backed bonds to remove the danger of the [...]

NEW YORK (FNS) - Kmart Corp. stock, which has been battered in recent weeks by reports of financial problems, took another hit Thursday. The stock dropped to a new 52-week [...]

FITCH INVESTORS SERVICE rated J.C. PENNEY CO. INC.'s $200 million 6.875 percent medium-term notes A+, reflecting Penney's 'successful repositioning as a national department store.' Fitch said the proceeds will be [...]

NEW YORK (FNS) - Kmart Corp. will get through the Christmas selling season without a cut in its Standard & Poor's credit rating. S&P said Tuesday that while Kmart ratings [...]

NEW YORK (FNS) - While Kmart Corp. denied Monday that any thing has occurred to force certain real-estate debt to be downgrade to junk-bond status, it said it has 'initiated [...]

NEW YORK (FNS) -- Moody'ss Investors Service placed Kmart Corp.'s debt ratings on review for possible downgrade. The ratings being reviewed include the Prime-2 commercial paper rating and ratings on [...]

NEW YORK (FNS) -- Standard & Poor's placed Kmart Corp.'s debt ratings on Credit-Watch with negative implications, affecting $2.4 billion in debt. The retailer's triple-b senior debt rating, its preliminary [...]

NEW YORK (FNS) - Moody's Investor Service downgraded Venture Stores Inc.'s $130 Million in medium-term notes to Ba2 from Baa3 and preferred stock to Ba3 from Ba1, reflecting the tough [...]

NEW YORK (FNS) -- Caldor Corp. stock took another hit Monday, falling 25 percent, or 1 3/4 points, to 5 1/4 as word of possible financing troubles spread through the [...]

FREMONT, Calif. (FNS) -- The Men's Wearhouse Inc. has filed a secondary offering of two million shares, with half the shares sold by the company and the other half by [...]

NEW YORK(FNS) - Moody's Investors Service lowered its rating on J. Baker Inc.'s $70 million convertible subordinated debentures to B3 from B2. The downgrade was prompted by an industry-wide slowdown [...]

NEW YORK (FNS) - The stock market soared to a record Wednesday, pulling up with it many of the retail stocks and some of the deeply depressed apparel stocks. With [...]

NEW YORK -- Hills Stores Co. said Monday that its board has rejected a $35-per-share cash tender offer for the 156-unit discount chain by Dickstein Partners, a New York investment [...]

NEW YORK (FNS) - Kmart Corp. has slashed its quarterly dividend in half to 12 cents share from 24 cents and stated that it expects a loss in this year's [...]

BENTONVILLE, Ark. (FNS) -- Wal-Mart Stores Inc. will spend up to $100 million to buy back shares of the company's common stock. Wal-Mart has 2.3 billion shares outstanding so the [...]

TROY, Mich. (FNS) -- Kmart Corp. plans to move ahead with its program to sell stock in its four specialty retail subsidiaries despite the opposition of a large pension fund. [...]

TROY, Mich. (FNS) -- Kmart Corp. said it from its four specialty chains through the public sale of stock on each subsidiary. Kmart plans to begin the sale of the [...]

New York (FNS) - The Single-A long-term debt rating on the senior unsecured debt of Woolworth Corp. has been placed under review for possible downgrade by Moody's Investor Service, Inc. [...]

BENTONVILLE, Ark. (FNS) -- WalMart Stores, Inc., is offering a $1 billion issue through underwriters led by Goldman, Sachs & Co. The offering includes a $500 million issue of 10-year [...]

JACKSONVILLE, Fla. (FNS) -- Stein Mart, Inc., has filed for a secondary offering of 2.5 million shares that will raise about $69.4 million for company chairman Jay Stein, his wife [...]

NEW YORK (FNS) -- A $100 million issue of 9 1/4 percent Dayton Hudson Corp. debentures, due Aug. 15, 2011, has been priced at 99.459 to yield 9.31 percent. Rated [...]