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...Even so, three of Simon’s top occupants have filed for Chapter 11 bankruptcy, while its largest, Macy’s, faces widespread store closures....
...While other retailers are closing stores, the Tennessee-based company is pressing ahead with plans to open 1,000 stores in the coming year — adding to its existing 16,500 store network....
...Two weeks before Gibson’s Chapter 11 filing, S&P Global Ratings cut its credit rating for Guitar Center, which accounts for about one-third of the US retail market, to “selective default” after it reshuffled...
...to Fred’s Inc for $950m, pending regulatory approval, “in response to concerns identified by the FTC” during its review....
...Meanwhile, same-store sales advanced 2.2 per cent, ahead of estimates for a 1.9 per cent gain....
...The Tennessee-based company said sales rose 3 per cent from a year earlier to $2.5bn, while profits advanced 2 per cent to $297m ahead of forecasts for $272m....
...The S&P 500, which had its biggest rally in a month on Wednesday, rose 0.2 per cent to 2,108.86 while the Dow Jones Industrial Average gained 0.2 per cent to 18,039.37....
...The Goodlettsville, Tennessee-based company reported profits of $253m or 84 cents a share, compared with $222.4m, or 72 cents a share, in the prior year period....
...(Guardian) Tesla Elon Musk’s car company is expected to unveil a battery for homes that will enable users to store solar energy and lessen reliance on the grid....
...The S&P 500 ended the session flat at 2,039.82, the Dow Jones Industrial Average fell 0.1 per cent to 17,634.74 and the Nasdaq Composite rose 0.2 per cent to 4,688.54....
...The S&P 500 gained 0.1 per cent to 2,039.33, while the Dow Jones Industrial Average advanced 0.2 per cent to 17,652.79. The Nasdaq Composite climbed 0.1 per cent to 4,680.14....
...By close the S&P 500 rose 0.3 per cent to 1,992.37, while the Dow Jones Industrial Average gained 0.4 per cent to 17,039.49. The Nasdaq Composite added 0.1 per cent to 4,532.10....
...Tennessee, Florida and Georgia....
...Warner sang French songs and together they read Shakespeare and Tennessee Williams....
...… Private Business Woman of the Year Award sponsored by PwC Winner: Chrissie Rucker of The White Company; also shortlisted: Lucinda Bruce-Gardyne of Genius Foods, Thea Green of Nails Inc, Sam Smith...
...Sydney’s S&P/ASX 200 rose 0.9 per cent to 4,039.52. Banks, resources and energy helped lift stocks in the Philippines....
...It’ s a lovely, sunny day here and the Yerba Buena Center for the Arts is bedecked in its usual Apple livery for the launch of the next iPad....
...The S&P 500 technology index was lifted for much of the day by Hewlett-Packard raising its forecast for 2011 but it ended the day flat....
...It is currently the fourth-biggest, behind Asda, Primark and M&S....
...“It was official, but we were protesting as much as anything,” recalls Fred Bentley, a lawyer, who was already 56 when he wrote the ordinance....
...Howard Davidowitz, chairman of Davidowitz & Associates Inc, a national retail consulting firm, said he viewed the offerings as evidence of a permanent shift away from grocery stores....
...Same-store retail sales rose slightly across the board, according to the International Council of Shopping Centres....
...Royal Bank of Scotland is off by a quarter since we dubbed Sir Fred, your friend Philip from British Home Stores seemed to go straight from palace to profit warning, and, while Sir Martin was honoured at...
...Mr Kashani is vice-president of California-based Concord Enterprises, one of the largest distributors to discount “dollar stores” in the US....
...In the 1990s, Yucaipa was one of the main players in the reshaping of the industry when it sold Fred Meyer to Kroger....
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