10 Updates

New CEO at J.C. Penney stays course on changes at century-old chain

Source: The Seattle Times, Nov 24 2012, 8:33pm CST

J.C. Penney CEO Ron Johnson seems unfazed that the department store chain’s mounting losses and sales declines have led to growing criticism of his plan to change the way we shop. Perhaps that’s because this isn’t the first time during Johnson’s 30 ...

Continue reading on: The Seattle Times

 
 
Update
10

59 minutes ago

As S&P Notches Slim Losses, Retailers Feel a Chill

Source: CNBC  |   May 24 2013, 10:26am CDT

Going into Friday, the S ...

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Update
9

1 hour ago

GMROI and the Department Stores

Source: Motley Fool  |   May 24 2013, 10:20am CDT

Eric is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited. Gross margin and inventory turnover both help show how well a department store ...

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Update
8

25 weeks ago


Quote:
"If he believes in something wholeheartedly, there is not a person on this planet that could sway him"


Source: The Seattle Times

 
Update
7

1 hour ago

RETAILERS IMPLODING EVERYWHERE

Source: The Burning Platform   |   May 24 2013, 9:30am CDT

Despite the bullshit being spread by the MSM and Wall Street shysters, the actual results of the biggest retailers in the country absolutely suck. Sears is a fucking train wreck in motion. Seriously – who the fuck ...

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Update
6

2 hours ago

When $1.75 Billion Isn't Enough

Source: WalletPop  |   May 24 2013, 8:54am CDT

On one hand, the company just wrapped up a dismal first quarter during which it lost a whopping $348 million. First-quarter sales dropped 16.4% to $2.635 billion, hurt by comparable-store sales, which fell a ter ...

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Update
5

5 hours ago

Retail Review

Source: EssayClub.com  |   May 24 2013, 6:19am CDT

Chapter 1 ANSWERS TO DISCUSSION QUESTIONS AND PROBLEMS What is your favorite retailer? Why do you like this retailer? What would a competitive retailer have to do to get your patronage? Students may choose an example from a wide varie ...

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Update
4

6 hours ago

Sears reports bigger-than-expected 1Q loss

Source: Omaha.com  |   May 24 2013, 5:14am CDT

NEW YORK (AP) - It was another ugly quarter for Sears Holdings Corp. The beleaguered department-store chain reported a steeper-than-expected loss for its first quarter on slumping sales. It also announced that it is considering selling it ...

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Update
3

8 hours ago

P&G brings back former CEO to fix company

Source: The Malaysian Insider  |   May 24 2013, 2:30am CDT

Lafley speaks during the World Business Forum in New York October 6, 2010. — Reuters picNEW YORK, May 24 — Procter ...

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Update
2

14 hours ago

Rehiring the CEO: A Familiar Playbook

Source: Wall Street Journal  |   May 23 2013, 9:25pm CDT

By Suzanne Kapner And Sharon Terlep It doesn't happen often, but Procter ...

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Update
1

16 hours ago

Japan's Nikkei Average lead futures up 2.3% on Singapore's SGX

Source: MarketWatch  |   May 23 2013, 6:47pm CDT

HONG KONG (MarketWatch) -- Japanese stocks jumped early Friday, with the Nikkei Stock Average climbing 3.2% after diving 7.3% in the previous session, prompted by some relief buying amid expectations that the rally that b ...

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