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RETAIL Lord & Taylor to Liquidate Stores Lord & Taylor, the department store company that traces its roots to 1826, said on Thursday that it was starting liquidation sales at [...]

In its bankruptcy filing on Monday, Sears argued that, given enough time and less debt, it would be able to reverse the decades-long decline of its retail business. But the [...]

Sears Holdings has closed stores, sold real estate and spun off assets, all in an effort to repair its troubled finances. Now, the retailer is turning to its chief executive [...]

The Sears Holdings Corporation, the company formed by Kmart's acquisition of Sears, Roebuck & Company, will be rated one level below investment grade, Standard & Poor's Ratings Service said yesterday. […]

Dillard's, a 65-year-old department store chain, said yesterday that it had more than doubled its senior revolving credit line to $1 billion as it tries to halt sales declines. The […]

Third-quarter earnings at the retailer Nordstrom rose to 13 cents to 14 cents a share, less than it predicted, because of higher costs and its switch to a new inventory-management […]

The J. C. Penney Company said yesterday that third-quarter profit rose on better sales at its department stores and at its drugstore chain, Eckerd. Penney said it had earned $123 […]

Sears, Roebuck & Company warned today that its third-quarter profit would fall below Wall Street expectations as its credit card business -- a crucial profit engine -- showed signs of […]

The Neiman Marcus Group had a quarterly profit of $5.32 million as it sold more designer boots, women's suits and turquoise jewelry at full price, the company said today. Net […]

The Hudson's Bay Company, Canada's largest department store chain, said second-quarter earnings fell 65 percent after it cut prices at its Zellers discount chain. Net income was 4.7 million Canadian […]

Saks Inc., the owner of Saks Fifth Avenue and regional department stores, said yesterday that its second-quarter loss narrowed as it cut costs and controlled inventory. Saks had a loss […]

The Target Corporation reported a 27 percent increase in second-quarter earnings today, powered by strong results from its Target discount store division. The results beat Wall Street expectations by a […]

Sears, Roebuck & Company had a higher-than-expected second-quarter profit and raised its 2002 forecast as the company cut costs and expanded its credit card business. Net income was $420 million, […]

Barneys New York reported today that it had a first-quarter profit of $478,000 as it cut costs and kept inventory levels low. Net income was 3 cents a share, in […]

Two big retailers, Home Depot Inc. and the Target Corporation, said yesterday that their quarterly earnings rose as the companies reined in expenses and kept inventory levels low. Still, shares […]

Saks Inc. had a first-quarter net loss of $25.4 million as it wrote down the value of its Saks Fifth Avenue chain of department stores. The loss was 17 cents […]

Wal-Mart Stores Inc. and the J. C. Penney Company reported strong earning gains for the first quarter yesterday. Wal-Mart said profit rose 19.4 percent, which ended April 30, beating Wall […]

Sears, Roebuck reported a 38 percent decline in first-quarter net earnings yesterday as profits were sapped by charges from accounting changes and costs to remodel stores in Canada. Sears said […]

Fiscal fourth-quarter profit at Saks Inc. fell 2.4 percent, as the company, the operator of the Saks Fifth Avenue and Proffitt's chains, cut prices to get rid of merchandise and […]

The department store chain Dillard's Inc. said today that its fiscal fourth-quarter income rose a better-than-expected 55 percent, helped by increased sales of higher-margin private-brand goods and lower costs. The […]

Gap said yesterday that it had a fourth-quarter loss, and Federated Department Stores reported a 23 percent drop in earnings. The retailers had to cut prices deeply to attract shoppers. […]

The May Department Stores Company said today that its fourth-quarter earnings slid 17 percent, capping what the retailer called a year made challenging by unseasonably warm weather during the holiday […]

The department store retailer Saks Inc. expressed disappointment yesterday at the downgrading of its debt by Moody's Investors Service and said it would meet Wall Street earnings estimates for the […]

Daiei, Japan's second-largest retailer, announced today an 11th-hour plan to stave off bankruptcy that involves asking three of the country's biggest banks to forgive $3.2 billion in debt. The banks […]

The Hudson's Bay Company, Canada's largest department store chain by sales, had a loss of 2 million Canadian dollars ($1.3 million) after excluding the benefits of an accounting rule change […]

The department store chain Dillard's posted a wider-than-expected third-quarter loss yesterday as declining consumer confidence after the Sept. 11 terrorist attacks eroded sales. Dillard's, which operates more than 340 stores […]

Nordstrom said today that it had beaten its severely reduced earnings expectations for the third quarter despite a weak retail environment. Still, Nordstrom reported a slight decline in sales compared […]

Federated Department Stores Inc. swung to a profit in the third quarter, and Tiffany & Company's net income fell 34 percent, the companies said yesterday. Federated, the parent of Macy's […]

Wal-Mart Stores Inc. and Home Depot Inc. posted gains in third-quarter profits yesterday, while the J. C. Penney Company rebounded from a loss. Net income rose 8.2 percent at Wal-Mart […]

The May Department Stores Company reported a 39 percent decline in its third-quarter profit today as the economic slowdown hit its sales while its costs increased. May, which operates Lord […]

Radical changes at Marks & Spencer, once a stalwart of British retailing, seemed to be paying off today when the company announced a 20 percent surge in six-month profit. Bucking […]

Marks & Spencer, the stumbling British retailer, took its first tentative step toward recovery today, reporting its first quarterly sales increase in more than three years. The improvement was welcomed […]

Nordstrom slashed its profit forecast for the fiscal third quarter because of declining sales and profit-eroding price cuts. Earnings in the period ending this month will be 3 cents to […]

The Neiman Marcus Group Inc. posted a $20.6 million fourth-quarter loss yesterday, in contrast to a year-earlier profit, and said its first-quarter same-store sales would suffer because of the soft […]

The Target Corporation said yesterday that its fiscal second-quarter profit rose 5 percent as it lured consumers concerned about prices in the slowing economy, while Saks Inc. said its second-quarter […]

Federated Department Stores Inc., the owner of Macy's and Bloomingdale's, said today that its fiscal second-quarter earnings rose 75 percent because of a one-time tax benefit and a rebound in […]

The J.C. Penney Company posted a second-quarter loss today but said improving performance at its department stores, catalog and Eckerd drugstores would lead to a profit in the third quarter. […]

Fiscal second-quarter profit at May Department Stores fell 18 percent as the company, which owns Lord & Taylor and Hecht's, had higher costs and sluggish sales. Net income fell to […]

The Neiman Marcus Group warned today that its loss in its most recent quarter might be more than double Wall Street's forecasts as slower-than-expected sales this summer have forced it […]

The Sears, Roebuck & Company yesterday posted a net loss of $197 million for the second quarter, taking charges for its exit from the cosmetics business, the shutdown of the […]