JC Penney CEO Mike Ullman told shareholders: "I have an enduring affection for J.C. Penney." They appeared to return the favor, at the company's shareholder meeting.
JC Penney CEO Mike Ullman told shareholders: "I have an enduring affection for J.C. Penney." They appeared to return the favor, at the company's shareholder meeting.
JC Penney reported a bigger quarterly loss and lower revenue than expected. CEO Mike Ullman vowed to put the retailer "back on a path to profitable growth."
Parents might not recognize E. Robert Kinney by name, but they owe him a debt of gratitude for popularizing what might be the only kind of fish their kids will eat.
Groupon's strategy is shifting its focus away from daily emails to becoming a mobile marketplace as the search for a new CEO continues in earnest and the company is looking to be "less misunderstood."
Colin McGranahan, Sanford Bernstein analyst, has the play on the world's largest retailer after a disappointing earnings report and forecast put pressure on the stock.
Kohl's said on Thursday it expects sales to rebound in the current quarter after bad weather in early spring hurt business at the department store chain.
Wal-Mart Stores's quarterly profit just missed Wall Street expectations on Thursday, with sales down 1.4 percent at its Walmart U.S. stores open at least a year.
The search for new locations has taken on more urgency after the deadliest industrial accident in the global garment industry's history, a factory in Bangladesh that left 1,127 people dead. The New York Times reports.
Guy Ryder, Director-General of the International Labour Organization (ILO) welcomes the recent safety pact signed by international retailers, but says more needs to be done.
Liz Dunn, Macquarie Capital analyst, has the play on the retailer's strong sales and explains why she has a neutral rating on the stock and $42 price target.