Gas prices and unemployment are down and the stock market is up — but retailers just aren't feeling they'll see much of a lift in business this year.
— February 27, 2015
Earnings per share increased 10 percent to 75 cents per share on a diluted basis, from 68 cents the fourth quarter a year ago.
— February 26, 2015
Sales, comps and adjusted earnings all rise, surpass expectations.
Apparel prices overall rose 0.3 percent in January.
Stein Mart Inc. will expand its store base this year as it opens 11 stores and enters three new markets — the Bay Area, Long Island and suburban Detroit.
Major retailers’ moves to boost the minimum pay of their workers gained an ally Wednesday in The TJX Cos. Inc. but failed to win the support of Target Corp.
The listing will raise about $469 million gross of fees and costs related to the transaction.
— February 25, 2015
L Brands Inc. posted gains in fourth-quarter and full-year profits.
Investor in talks with Coller Capital and Abu Dhabi Investment Authority.