Blockbuster reports profit

star-telegram.com     May 16, 2008            

The Associated Press Blockbuster Inc. said Thursday that it swung to a first-quarter profit on lower expenses and improved domestic sales, bolstering the movie-rental company chairman's belief that a turnaround plan is working. The Dallas-based chain said its earnings after preferred dividends... [read full story]                

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Kohl's posts lower 1st-qtr profit

earthtimes.org     May 15, 2008          

CHICAGO (Reuters) - Kohl's Corp , a mid-priced retailer of apparel and home goods, reported lower first-quarter profit on Thursday as sales fell at stores open at least a year amid a struggling U.S. economy. Earnings dropped to $153.0 million, or 49 cents a share, from $209.0 million, or 64 cents...                

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Kohl's profit down, sales outlook "conservative"

earthtimes.org     May 15, 2008          

CHICAGO (Reuters) - Kohl's Corp , a mid-priced retailer of apparel and home goods, reported lower first-quarter profit on Thursday, and said its sales outlook remained conservative for the year. Earnings dropped to $153.0 million, or 49 cents a share, from $209.0 million, or 64 cents a share, a...                

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Department stores hurt by slumping apparel sales

nwsource.com     May 16, 2008          

By EMILY FREDRIX AP BUSINESS WRITER In this Nov. 21, 2006 file photo, shoppers walk into a J.C. Penney store in Dallas. The department store retailer, Thursday, May 15, 2008, says a pullback in consumer spending has cut its first-quarter profit in half, and predicts "difficult" conditions for the...                

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Department stores hurt by slumping apparel sales

examiner.com     May 16, 2008          

May 15, 2008 6:20 PM (7 mins ago) By EMILY FREDRIX, AP » 7 mins ago: Department stores hurt by slumping apparel sales « ) and Kohl's Inc. all reported steep drops in first-quarter profits on Thursday as Americans snub apparel to focus on basic necessities at discounters in a challenging economy....                

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Kohl's 1Q Profit Drops, but Tops Estimates

ibtimes.com     May 16, 2008          

Kohl's Corp, the fourth largest U.S. retailer, said its first quarter profit fell 27 percent as the company faced a difficult economic environment. Net income for the fourth largest U.S. retailer declined to $153 million, or 49 cents per share, compared with $209 million, or 64 cents per share a...                

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Department stores hurt by slumping apparel sales

wtop.com     May 16, 2008          

In this Nov. 21, 2006 file photo, shoppers walk into a J.C. Penney store in Dallas. The department store retailer, Thursday, May 15, 2008, says a pullback in consumer spending has cut its first-quarter profit in half, and predicts "difficult" conditions for the entire year. Net income fell to...                

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Department stores hurt by slumping apparel sales

sacbee.com     May 16, 2008          

Department store stalwarts J.C. Penney Co., Nordstrom Inc. and Kohl's Inc. all reported steep drops in first-quarter profits on Thursday as Americans snub apparel to focus on basic necessities at discounters in a challenging economy. In this Feb. 16, 2007 file photo, mall patrons walk toward an...                

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Department stores hurt by slumping apparel sales

ksl.com     May 16, 2008          

By EMILY FREDRIX AP Business Writer MILWAUKEE (AP) - Department store stalwarts J.C. Penney Co., Nordstrom Inc. and Kohl's Inc. all reported steep drops in first-quarter profits on Thursday as Americans snub apparel to focus on basic necessities at discounters in a challenging economy. J.C....                

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Department store sales weak, but beat Street

earthtimes.org     May 16, 2008          

By Alexandria Sage LOS ANGELES (Reuters) - The weak economy took its toll on department stores on Thursday, as retailers Nordstrom, Kohl's and J.C. Penney reported lower first-quarter net profits, with all citing challenges stemming from the weakened U.S. economy. Although the results were glum,...                

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Department store sales weak, but beat Street

reuters.com     May 16, 2008          

By Alexandria Sage LOS ANGELES (Reuters) - The weak economy took its toll on department stores on Thursday, as retailers Nordstrom, Kohl's and J.C. Penney reported lower first-quarter net profits, with all citing challenges stemming from the weakened U.S. economy. Although the results were glum,...                

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