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Evan Clark

Deputy Managing Editor

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More From Evan Clark

Penny’s Dips On Up Dow Day

NEW YORK -- Shares of J.C. Penney Corp. ran counter to trend on a generally up day in financial circles Monday

Jay Levitt, John Danahy Promoted At May Co.

NEW YORK -- May Department Stores Co. has promoted Jay Levitt and John Danahy to chief executive officer and c

Target Net Up, Outlook Mixed

NEW YORK -- Rounding off 2001 with an almost 20 percent bottom-line increase in the fourth quarter, Target Cor

TJX Sales Rise 16.6%, Lifting Quarterly Net

NEW YORK -- TJX Cos. ended a break-even year with double-digit increases in fourth-quarter sales and profits.
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Revlon Cuts Loss In Quarter

NEW YORK -- Although Revlon Inc.'s fourth-quarter losses narrowed, results were lower than expected and sugges…

Berkshire Said Eyeing Tyco’s CIT Finance Unit

NEW YORK -- Berkshire Hathaway is reportedly among the parties interested in acquiring Tyco International's CI

Wal-Mart Posts 9.2% Net Gain

NEW YORK -- Wal-Mart Stores' sporty British import, George, is completing its conquest of the U.S. by rolling

May’s Annual Profits: First Drop In 27 Years

NEW YORK -- In another vivid sign that retailing was rough last year, The May Department Stores Co. on Thursda

VF Losses Hit $112.6M In Quarter

NEW YORK -- The costs of slimming down to grow sank VF Corp.'s bottom line in the fourth quarter when the firm

Lauder Sees Growth Slowing As Sales, Net Drop In Quater

NEW YORK -- Retailers' cautious approach to inventories helped depress Estee Lauder Cos. Inc.'s second-quarter…

Charming Shoppes Slims Down To Grow

NEW YORK -- Furthering its focus on the plus-size market, Charming Shoppes Inc. will close 207 stores, taking…

Retail Downgrades On The Upswing

NEW YORK -- Kmart Corp.'s fall from grace and into Chapter 11 could be documented as easily from its debt down

Saks Inc. ‘Disappointed’ By Debt Downgrade

NEW YORK -- Moody's Investors Service downgraded Saks Inc.'s debt, citing sluggishness through the chain's ope

Sears Net Climbs

NEW YORK -- Fourth-quarter earnings came in on target, and inventories lean, as Sears, Roebuck & Co. got down

Federated Exits Fingerhut

NEW YORK -- Federated Department Stores Wednesday finally pulled the plug on its troubled Fingerhut subsidiary