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Discount Stores

Target Q1 earnings per share $1.05

Target Corp : Q1 adjusted earnings per share $1.29; Q1 earnings per share $1.05; Q1 sales $16.2 billion, down 5.4 percent . Q1 earnings per share view $1.19, revenue view $16.31 billion -- Thomson Reuters I/B/E/S . Q1 comparable sales up 1.2 percent; Q1 comparable digital channel sales up 23 percent...

Wednesday, 18 May 2016

Vipshop sees Q2 revenue RMB 12.3 bln-RMB 12.8 bln

Vipshop Holdings Ltd : Vipshop holdings ltd says q1 gross profit increased by 38% to rmb2.96 billion ( us$458 million ) from rmb2.14 billion in prior year period . Says Q1 Non-Gaap income from operations increased by 48% to rmb765 million ( us$119 million ) from rmb517 million in prior year period...

Tuesday, 17 May 2016

U.S. CPSC says Target recalls Menorahs due to fire hazard

U.S. Consumer Product Safety Commission : Target recalls Menorahs due to fire hazard .Has received eight reports of product melting, including three reports of fire; no property damage or injuries have been reported.

Tuesday, 17 May 2016

TJX Cos Inc says no store closings planned this year

TJX Companies Inc : Traffic increases are being driven both by new customers and existing customers shopping with co more frequently - conf call . Long term, sees potential to grow to 5,600 stores with current chains and just current markets alone - conf call . No store closings planned across...

Tuesday, 17 May 2016

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