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Amazon To Launch Clothing Line?
Wednesday, February 15, 2017 - 10:06am | 400Read More...Evidence continues to pile in that Amazon.com, Inc. (NASDAQ: AMZN) is looking to expand within the clothing and apparel line. The Wall Street Journal reported last week that Amazon is looking to take on L Brands Inc (NYSE: LB) by selling competitively priced bras. Specifically, the online...
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Mounting Foreign Exchange Pressure, Outdated Business Models Puts These 2 Retailers At Risk
Friday, February 13, 2015 - 11:38am | 273Read More...Christian Buss of Credit Suisse on Friday commented in a note that deflationary pressure in the U.S. apparel market and mounting foreign exchange headwinds puts in to question a potential earnings turnaround for both Gap Inc (NYSE: GPS) and Abercrombie & Fitch Co. (NYSE: ANF) in 2015. According...
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Sears Surged This Week, But One Analyst Questions Its Gains
Wednesday, October 22, 2014 - 2:53pm | 440Read More...Investors appeared pleased with Sears Holdings Corp's (NASDAQ: SHLD) liquidity-raise plans announced on Monday, as shares surged just over 23 percent that day. Sears announced two plans of action to raise much-needed cash in time for the holiday season. First, Sears approved a rights...
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Sears To Generate At Least $1.5 Billion In Liquidity In Fiscal 2014
Monday, October 20, 2014 - 3:37pm | 202Read More...Cash-strapped and struggling retailer Sears Holdings Corp (NASDAQ: SHLD) announced a series of plans and action that it expects will generate $1.5 billion to $2.07 billion in liquidity in fiscal 2014. Sears announced on Monday a rights offering for up to $625 million of 8 percent senior notes. The...
