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Goldman Sachs

American Consumers Still Shopping in Malls

Rumors of the American mall's demise have been slightly exaggerated.

OluKai CEO Jim Harris Honored by Goldman Sachs for Entrepreneurship

OluKai CEO Jim Harris has been selected as one of Goldman Sachs 100 Most Intriguing Entrepreneurs of 2015…

Alibaba’s New President Seen Key to Global Ambitions

Michael Evans will be responsible for heading up Alibaba's international growth outside China and its…

Sycamore Partners Rumored to Buy Belk for $3B

Private-equity firm Sycamore Partners is reportedly preparing an offer to acquire family-owned department…

Belk Retains Goldman Sachs

Belk says it's considering options as it begins five-year strategic planning process.

Belk Up for Sale

Word on the street is the family-owned and operated department store chain Belk is seeking a sale that could…

Department Stores, Wholesale Clubs Spur Weekly Sales

Year-on-year trend is up 3% while sequential results decline 0.7%.

Weekly Sales Feel Winter’s Chill

Sales flat from prior week, up 1.8 percent versus 2014 counterpart.

Investors to Sears CEO Lampert: We Want Our Money Back

It’s never a good sign when investors ask for their money back, which is exactly what has happened to the…

It’s Official: JCP Needs Cash

After JC Penney (JCP) CEO Mike Ullman vehemently denied that the ailing retailer had any plans to seek…

Does JCP Need Another Loan?

Rumors have been swirling about the industry that the retail behemoth is in talks to raise more cash to…

Goldman Sachs Lends $1.75 Billion to JC Penney

The Goldman loan, backed by the company’s own real estate and assets, can be used toward “general…