Top retailers have sounded the alarm about the U.S. government's recently enacted credit card reforms, warning investors the new rules will hit their bottom lines to the tune of millions of dollars just as consumer sp...
Marc Bolland, set to take over as chief executive of Marks & Spencer, may look to raise cash from shareholders to improve his chances of reviving the British retailer and justifying his huge pay package.
Saks Inc Chief Executive Stephen Sadove raised the possibility of the luxury department store operator closing a handful of underperforming stores as the retailer seeks to lift margins back to 2007 levels.
British budget fashion chain New Look launched its long-awaited initial public offering, hoping to take advantage of a tentative recovery in new issues and banish the ghosts of the last big UK retail IPO.
Cabela's Inc, an outdoor gear retailer, posted better-than-expected quarterly profit, but forecast earnings that would include a weaker holiday quarter than analysts expected, sending its shares down 1 percent.