financial reporting
JCP “Pleased” with Holiday Sales; Investors Skeptical
Investors were confused by a recent announcement from slumping retailer J.C. Penney (JCP) that it was…
Jones Group Bought by Sycamore
After shopping itself around for months, the Jones Group announced that it has accepted a buyout offer of $15…
JCP Reports Strong November Sales; Analysts Say Too Little Too Late
J.C. Penney (JCP) is reporting strong sales for the month of November, showing signs of vitality during…
Kohl’s New Strategy: Emphasize National Over Private Brands
In what appears to be a dramatic departure from a two-decades-long love affair with its own private label…
Gap’s Q3 Profits Leap 9.4%; Online Sales Surge
Over the last week, third quarter earnings reports for major retailers have made for dark theater…
Sears’ Q3 Widens Losses; Is the Retailer Still Relevant?
Sears Holdings reported a sluggish third quarter, widening already deep losses and raising questions…
JCP Q3 Report Grim; Losses Continue to Mount
JC Penney (JCP) just released its much anticipated third quarter results. Despite a surge of more robust…
TJX: More Stores, More Money
Flying past a sleepwalking retail industry, TJX Cos. of Framingham runs at a full gallop. It turns out their…
It’s Official: JCP Needs Cash
After JC Penney (JCP) CEO Mike Ullman vehemently denied that the ailing retailer had any plans to seek…
JCP Stock Plummets
Bedeviled by underperformance, JC Penney (JCP) can’t seem to catch a break. Only days after industry rumors…
Does JCP Need Another Loan?
Rumors have been swirling about the industry that the retail behemoth is in talks to raise more cash to…
Holiday Shopping Season Forecast Looks Grim
As the holiday shopping season fast approaches, predictions abound regarding its success or failure. At least…
Hurting Billabong Sustained By New Loans
Limping surfwear company Billabong announced that it has entered into agreements with hedge funds…
Spain’s Textile Production Expands Robustly
Spain’s textile industry continues its lively growth, reporting a....
Breaking News: Ailing Sears to Borrow Another Billion Dollars
Beset by troubles, Sears Holding Corp. has announced it is seeking a secured term loan of $1 billion in…