Credit worries hurt markets across North America, although blue-chips staged a late-day turnaround on Wall Street. Today on Stockhouse Your opinion matters. Submit an article to Stockhouse today at submissions@stockhouse.com. Submission guidelines can be found here. Matt Badiali explains how Rick Rule ...
Limited Brands extends credit agreement by 2 years, reduces commitment amounts The retailer Limited Brands Inc. said Monday it has amended its existing credit agreement, extending it by two years and reducing lender commitment amounts. For consenting lenders, the company said the ...
Standard & Poor's maintains 'BB' rating for Limited Brands, boosts outlook to 'stable' Standard & Poor's Ratings Services said Wednesday that it maintained its junk ratings on retailer Limited Brands Inc., saying the company will likely continue to face sales pressures through ...
<div><p>The chairman and chief executive of Limited Brands Inc., which operates Victoria's Secret and Bath & Body Works specialty chains, received compensation valued at almost $6.9 million in 2008, up 32 percent from a year ago, according to an analysis of a ...
<div id="subtitle">Retailers cut jobs, curtail expenses and open fewer stores to face difficult 2009</div><div><p>Retailers seeing their profits plummet outlined more strategies on Thursday that they hope will help them weather a desolate year.</p><p>Sears Holdings is closing stores and may ...
<div><p>NEW YORK (Reuters) - Limited Brands Inc <LTD.N> on Wednesday reported a surprise quarterly profit as cost cuts offset softer sales at the operator of the Victoria's Secret and Bath & Body Works chains.</p><p>Net income came in at $2.6 million ...
<div><p>CHICAGO (Reuters) - Despite Memorial Day sales, warmer weather and deals such as $1 flip-flops, most U.S. retailers are expected to post declines in same-store sales in May as shoppers kept hunting for bargains in the recession.</p><p>Department stores and chains catering to ...
<div><p>NEW YORK (Reuters) - June sales fell for most U.S. retailers as the plunging job market and cool, rainy weather dampened interest in summer shopping for consumers, triggering concern about the back-to-school season.</p><p>But some retailers stuck to their forecasts, or even raised ...
<div><p>CHICAGO (Reuters) - U.S. retailers reported their 11th straight month of sales declines in July as shoppers continued to search for bargains and basics in the downturn.</p><p>Still, chains including Macy's Inc <M.N> and Gap Inc <GPS.N> ...
<div><p>SAN FRANCISCO (Reuters) - Investors overlooked weak July sales results from some U.S. apparel chains and sent the shares of battered names such as Gap Inc <GPS.N>, Limited Brands Inc <LTD.N> and Zumiez Inc <ZUMZ.O> up on hopes of ...
