Topic: Department Stores
Macy's focuses on localization, sees 4Q profit
AP News
Macy's moves to 4th-quarter profit on lower expenses; focuses on localization effortsTight inventory management and reduced expenses propelled Macy's Inc. back to a fourth-quarter profit Tuesday as the nation's second-largest department store operator begins to see its localization efforts come to fruition. Macy's attempts to become ...
Summary Box: Macy's 4th-quarter profit
AP News
Macy's returns to a 4th-quarter profit; focuses efforts on its localization driveTHE RESULTS: Macy's Inc. returned to a fourth-quarter profit, helped by leaner inventory and lower expenses. Adjusted results beat analyst estimates. THE NEW APPROACH: Macy's is concentrating its efforts on its localization drive, called My Macy ...
Macy's swings to profit; shares slip
Reuters US Online Report Business News
CHICAGO (Reuters) - Macy's Inc <M.N> posted better-than-expected quarterly profit on Tuesday and forecast same-store sales growth this year of 1 percent to 2 percent. The U.S. department store operator reported net income in the fourth quarter was $466 million, or $1.10 a share, compared ...
JC Penney profit beats, sees sales rise; shares up
Reuters US Online Report Business News
&lt;div&gt;&lt;p&gt;NEW YORK (Reuters) - Department store operator J.C. Penney Co Inc &amp;lt;JCP.N&amp;gt; reported a higher-than-expected quarterly profit and said same-store sales would improve during 2010, sending its shares up nearly 7 percent.& ...
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