International Business News - KSS http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Summary of August same-store sales results for department category store chains, with percentage increase or decrease over the same month last year. Dillard's Inc. -7 pct http://www.ibtimes.com/articles/20080904/department-chain-sales-results-for-august.htm Thu, 04 Sep 2008 13:04:56 EDT Shares of department stores slipped Thursday after operators reported big same-store sales declines in August, led by steeper-than-expected drops at luxury department store chains. http://www.ibtimes.com/articles/20080904/sector-snap-department-stores-slide.htm Thu, 04 Sep 2008 11:29:00 EDT Eleven more retailers have recalled Simplicity bassinets, bringing the total to 17 that have decided to recall the infant beds, which are linked to the deaths of two babies. http://www.ibtimes.com/articles/20080904/more-retailers-recall-simplicity-bassinets.htm Thu, 04 Sep 2008 10:30:38 EDT Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080903/ambac-corning-staples-continental-big-movers.htm Wed, 03 Sep 2008 17:06:24 EDT Early reports from several retailers including J.C. Penney Co. and Kohl's Corp. confirmed on Wednesday what Wall Street had already expected: a weak start to the back-to-school shopping season. http://www.ibtimes.com/articles/20080903/reports-show-weak-start-to-back-to-school-season.htm Wed, 03 Sep 2008 13:03:55 EDT Shares of department stores rose on Tuesday, as the general market surged on the falling price of oil. In midday trading, the Dow Jones industrial average rose more than 170 points, or 1.48 percent, to 11,713.88, after being up more than 200 points in the early going. http://www.ibtimes.com/articles/20080902/sector-snap-department-stores-rise.htm Tue, 02 Sep 2008 15:04:21 EDT Shares of department stores fell Monday along with the broader market amid a rise in oil prices. Light, sweet crude rose 56 cents to $115.15 per barrel on the New York Mercantile Exchange. The news doesn't bode well for retailers whose customers have cut back on purchases amid rising costs of daily basics such as food and gas. http://www.ibtimes.com/articles/20080825/department-stores-shares-fall-on-oil-prices.htm Mon, 25 Aug 2008 11:28:19 EDT The lower profits and muted outlooks this week from retailers such as J.C. Penney Co., Macy's Inc. and Nordstrom Inc. are heightening concerns among investors that shoppers' focus on necessities and buying at discounters could linger well into next year. http://www.ibtimes.com/articles/20080815/retailers-face-frugal-shoppers-through-2009.htm Fri, 15 Aug 2008 17:42:49 EDT Second-quarter profits from major retailers underscore a widening gap between low-price operators and high-end apparel sellers as consumers focus on necessities and avoid discretionary splurges. http://www.ibtimes.com/articles/20080815/gap-widens-between-discounters-department-stores.htm Fri, 15 Aug 2008 14:38:47 EDT Second-quarter profits from three major retailers--Wal-Mart Stores Inc., the world's largest merchant, upscale department store Nordstrom Inc. and mid-level chain Kohl's Corp.--underscore a widening gap between low-price operators and high-end apparel sellers as consumers focus on necessities and avoid discretionary splurges. http://www.ibtimes.com/articles/20080814/gap-widens-between-discounters-department-stores.htm Thu, 14 Aug 2008 17:50:19 EDT Major business events and economic events scheduled for Thursday: WASHINGTON--Labor Department reports on consumer prices for July. 8:30 a.m. http://www.ibtimes.com/articles/20080813/calendar-of-major-business-events-for-thursday.htm Wed, 13 Aug 2008 12:39:19 EDT Wall Street on Tuesday will find out if extended sales tax holidays spurred U.S. shoppers to splurge on apparel and back-to-school items. The International Council of Shopping Centers-UBS Index and the Johnson Redbook Retail Sales Index release retail data for the first week of August at 7:45 a.m. and 8:55 a.m. EDT, respectively. There are no consensus estimates available. http://www.ibtimes.com/articles/20080812/ahead-of-the-bell-retail-sales.htm Tue, 12 Aug 2008 06:28:27 EDT Amid the pile of downbeat sales reports for July from retailers, there was a sliver of hope: Second-quarter profits may not be as bad as expected when merchants such as Wal-Mart Stores Inc., Macy's Inc. and J.C. Penney Co. post their results starting this week. http://www.ibtimes.com/data/articleimgs/107278-retail-earnings-preview.jpg http://www.ibtimes.com/articles/20080811/retailers-2q-results-may-not-be-as-bad-as-thought.htm http://www.ibtimes.com/articles/20080811/retailers-2q-results-may-not-be-as-bad-as-thought.htm Mon, 11 Aug 2008 14:11:45 EDT Major business events and economic events scheduled for the coming week (some dates are tentative): MONDAY, Aug. 11 http://www.ibtimes.com/articles/20080808/business-events-for-the-coming-week.htm Fri, 08 Aug 2008 16:06:24 EDT Shares of department stores slipped slightly Thursday after most chains reported disappointing same-store sales results for July. Discount department store Kohl's Corp. said its same-store sales dropped 10.4 percent, far more than the drop of 7 percent predicted by analysts polled by Thomson Financial. http://www.ibtimes.com/articles/20080807/sector-snap-department-stores-slip.htm Thu, 07 Aug 2008 11:16:44 EDT Summary of July same-store sales results for department category store chains, with percentage increase or decrease over the same month last year. Dillard's Inc. 2 pct http://www.ibtimes.com/articles/20080807/department-chain-sales-results-for-july.htm Thu, 07 Aug 2008 10:01:55 EDT Retailers preparing for a difficult back-to-school season are getting creative in their attempts to entice shoppers into the stores--aggressively introducing new products, slashing prices and amping up marketing in the battle for parents' bucks. http://www.ibtimes.com/data/articleimgs/104116-back-to-school-retailers.jpg http://www.ibtimes.com/articles/20080806/retailers-amp-up-promotions-for-back-to-school.htm http://www.ibtimes.com/articles/20080806/retailers-amp-up-promotions-for-back-to-school.htm Wed, 06 Aug 2008 14:45:18 EDT Shares of department stores fell Monday afternoon along with the broader market as new reports on consumer spending and inflation indicated more financial strain for consumers. http://www.ibtimes.com/articles/20080804/sector-snap-department-stores-slip.htm Mon, 04 Aug 2008 14:40:56 EDT Wall Street on Tuesday will find out if thrifty U.S. consumers battered by high energy prices still managed to spend a little extra at the nation's retailers earlier this month. http://www.ibtimes.com/articles/20080715/ahead-of-the-bell-retail-sales.htm Tue, 15 Jul 2008 05:52:08 EDT Discount stores remain a bright spot in the market as concerns linger over the health of consumer spending, according to one analyst. Goldman Sachs analyst Adrianne Shapira said discount retailers outperformed expectations for June same-store sales, especially Wal-Mart Stores Inc., Costco Wholesale Corp. and BJ's Wholesale Club Inc. http://www.ibtimes.com/articles/20080711/ahead-of-the-bell-discount-retailers.htm Fri, 11 Jul 2008 09:05:33 EDT