Macy's cuts quarterly profit outlook on weak sales
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Retailer Macy's Inc.  cut its quarterly profit outlook on Thursday as June same-store sales came in lower than expected, and its shares fell nearly 4 percent.
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Depressed sales at Federated Department Store Inc. stores in Florida will cause third-quarter results to come in lower than expected, the company announced today.
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Retailer Macy's Inc plans to cut 271 jobs in the Chicago, Detroit and Minneapolis areas, closing most of its in-store wine shops and several food operations, the Chicago Tribune reported Saturday.
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Levi Strauss &amp; Co. swung to a quarterly profit on Tuesday, citing cost cuts and a weaker dollar as the struggling jeans maker closed out poor-performing products to
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Best Buy Co. Inc.  reported lower-than-expected quarterly profit on Tuesday as the consumer electronics retailer cut prices on flat-panel televisions to try to spur holiday sales.
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Business & money: Leading stores forecast shortfall in year's profits after shoppers cut back on festive spending
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Family Dollar Stores Inc  said on Tuesday quarterly profit fell as sales at older stores declined and customers cut their discretionary spending.
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Bookseller Borders Group Inc.  BGP.N on Tuesday slashed its financial forecast, saying sales  were weaker than expected due in part to hurricanes, and that  profits during the key holiday season would miss Wall Street  estimates.
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Wine and spirits company Constellation Brands Inc.  said on Thursday that quarterly profit fell sharply, hurt by a plan to cut the amount of wine it ships to U.S. distributors and lower results from its British business.
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Best Buy Co Inc  cut its fiscal 2008 profit outlook on Friday and said it expects its 2007 fourth-quarter sales to miss its own target on lower-than-expected January sales growth, sending its shares down 4.5 percent.
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The home goods retailer Bed Bath & Beyond posted a lower fiscal third-quarter profit and warned that this quarterâs results would be lower than expected.
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Krispy Kreme Doughnuts Inc. (KKD.N: Quote, Profile, Research) on Thursday posted sharply lower quarterly earnings, signaled that the second half of the year would be weak and scaled back
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AnnTaylor Stores Inc.  posted lower quarterly earnings on Thursday, as a weak assortment of clothes at its still-struggling LOFT chain forced the retailer to take deeper markdowns, hurting margins.
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Discount retailer Dollar General Corp.   on Thursday posted a 40 percent drop in quarterly profit  on weakening demand for higher-margin products and withdrew its  earnings forecast for the rest of the year.
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Home accessories and gift retailer Tuesday Morning Corp. on Monday lowered its 2004 earnings guidance and forecast fourth-quarter results below Wall Street expectations on lower-than-expected seasonal sales.
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Apparel retailer Charming Shoppes Inc.  cut its profit forecast on Monday, citing lower sales and an increase in markdowns spring merchandise.
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Federated Department Stores Inc. reported strong fourth-quarter profits Tuesday and said it will change its name to Macy's Group Inc. But the department store operator &#151; still struggling to integrate former May Department Stores Co. stores &#151; offered a profit forecast well below Wall Street expectations.