More From Arnold J. Karr
Levi’s Aims for Third Year of Improved Results
Sales rise 1 percent on a currency-neutral basis and gross margins advance.
Avon Sells Liz Earle to Walgreens Boots Alliance
Divestiture funds expected to be used to redeem notes due next year.
Gap Inc., L Brands See June Comps Falter
Gap Inc., L Brands miss analysts' expectations as Costco exceeds them.
WWD Recommends
Zumiez’s Comps Fall in June
Decline slightly less than most recent consensus estimate.
Skechers Sues Steven Madden Over ‘Go Walk’ Design
Plaintiff seeks compensatory and punitive damages and injunctive relief.
Expectations Low for June Comps
Weak traffic, tough year-ago comparisons keep most estimates for gains below 1 percent.
Department, Apparel Stores Miss Out on Weekly Sales Pickup
Weekly sales up 2.1 percent from prior week, 3 percent above year-ago mark.
Perry Pericleous Promoted to Chief Financial Officer of Express
Succeeds Paul Dascoli, who has left the firm, and reports to Matthew Moellering, chief operating officer.
Seritage Shares Rise as Trading Begins
Rights offering raises $1.6 billion to be applied to real estate purchases from Sears.
Dollar Tree Completes Family Dollar Purchase
Combined companies' sales will exceed $19 billion with store count over 13,600 units.
Europe, Asia Stocks Finish Down as U.S. Retail Stocks Slide
During the midday trading session U.S. issues were mostly in the red, but had resisted the steep declines of…
Seritage Rights Offering Completed, Trading to Begin Today
Offering raises $1.6 billion to be applied to real estate purchases from Sears.
Joe’s Receives Forbearance From Creditors
Agreements run until Oct. 15 with one-month extension available if requirements are met.
FTC Signs Off on Sale of 330 Family Dollar Stores
Period for public comment continues through Aug 3.
S&P Raises Ratings on Some Sears Notes
Overall corporate credit rating remains at 'CCC-plus.'