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Macy's, Sears, J C Penney pull out of malls, $48 bn of loans at risk

Macy’s, Kohl’s outperform J.C. Penney in June

With same-store sales increases of 6.7 per cent and 7.5 per cent respectively, Macy’s and Kohl’s outperformed rival J.C....

Costco June same-store sales up 14 pct, beat poll

U.S. warehouse club operator Costco Wholesale Corp posted a higher-than-expected 14 per cent rise in June sales at stores...

X5 Retail Group’s Q2 net sales up 26 per cent

X5 Retail Group NV, Russia's largest retailer in terms of sales, has announced its retail sales and operational performance...

Carrefour profit decline seen bottoming in 2009

French retailer Carrefour is seen reporting a hefty drop in 2009 profits this week after an especially tough year's...

Reuters ties up with Aadhar

In a recent development, financial news provider, Thomson Reuters, has tied-up with Future Group's Aadhar Retailing Ltd (ARL) to...

Wal-Mart revenue dips 1.4%, income at $3.44 bn

Wal-Mart Stores Inc on Thursday reported second-quarter income virtually unchanged from a year ago, but results beat Wall Street...
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