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FAO Schwarz to open new Los Angeles flagship
FAO Schwarz, the New York-based specialty toy retailer, will open its newest flagship store at the Grove at Farmers Market (...
Retailer reports drop in 4Q net income
Kroger Co. (Cincinnati) reported that net income dropped 5 percent in its fiscal fourth quarter on a sales increase of 3...
But executives tell investors that they will...
Executives from The Gap Inc. (San Francisco) told the investment community that the retailer would dramatically reduce store...
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...

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