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Announces closing all stores in Memphis,...
Albertson's Inc. (Boise, Idaho) announced plans to pull out of four under-performing markets across the southern United...
Intimate Brands committee recommends accepting...
A special committee of independent directors has recommended that Intimate Brands stockholders accept the exchange offer by...
Chairman James Adamson will add ceo title
Kmart ceo Charles Conaway resigned his position with the bankrupt Troy, Mich.-based discount mass merchandiser this morning...
Wall Street Journal speculates on merger talks...
According to a report in The Wall Street Journal (March 11, 2002), Federated Department Stores (Cincinnati) and May...
DiNicola to resign, again, as Zale's ceo
Jewelry retailer Zale Corp. (Irving, Texas) has announced that chairman and ceo Robert J. DiNicola will retire on July 31,...
Profits plunge as Sephora and duty free stores...
LVMH Moet Hennessy Louis Vuitton (Paris), the international luxury goods manufacturer and retailer, reported that net...
Retailers expects to save $550 million this year
Kmart Corp. (Troy, Mich.) announced today that it intends to close 284 under-performing stores as part of its reorganization...
Raises stock-swap rate in effort to regain sole...
The Limited Inc. (Columbus, Ohio) sweetened its offer for outstanding shares of Intimate Brands Inc. in its attempt once...
February retail sales increase; Greenspan...
An unseasonably warm February seems to have sparked an apparel buying spree in February. Kohl's, JC Penney, Wal-Mart and...
Retailer wants $18 million from Chicago to build...
Chicago mayor Richard M. Daley has balked at an $18 million subsidy request from Wal-Mart to build its first store within...

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