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Gap predicts a second-half turnaround
Although The Gap believes it can change its financial tune, some have their doubts. After dim fourth-quarter reports (that...
Electronics retailer eliminates 450 jobs
The Good Guys Inc. (Brisbane, Calif.), the West Coast consumer electronics retailer, has announced it will fire 10 percent...
Best Buy promotes two vp's at its new...
Best Buy (Minneapolis) announced the promotions of Melissa Boughton to vp of leasing of its new Musicland Stores division,...
To open an "urban store" on...
Sears, Roebuck...
Greenspan hints that lowering the interest rate...
Federal Reserve Chairman Alan Greenspan said yesterday that he was considering a reduction in interest rates for the third...
Retail empire to sell Lane Bryant, merge...
The Limited, Inc. (Columbus, Ohio) has announced intentions to sell Lane Bryant, the plus-size apparel retailer, and has...
Electronics retailer to reduce employee rolls by...
Circuit City Stores (Richmond, Va.) has announced a reduction of 300 employees in its corporate and division offices,...
eToy story about to finish its riches-to-rags tale
eToys Inc. (Los Angeles), the once-high-flying entrepreneur of toy products over the Internet, has indicated a plan to file...
Pergament Home Centers is going out of business
Pergament Home Centers (Melville, N.Y.) operator of more than 30 superstores and Pergament Express outlets in the New York...
However, department store sales increased
Federated Department Stores (Cincinnati) announced that earnings fell 3.1 percent in the fiscal fourth quarter ending Feb. 3...

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