Topic: Macy's Inc.
BANGALORE (Reuters) - It appears the Material Girl will be getting a lot more material. Pop star Madonna and Iconix Brand Group on Wednesday unveiled a joint venture to launch fashion brands globally, starting with a juniors collection to be sold at Macy's department stores this August. The company, MG Icon, will be 50 percent owned by Iconix and 50 ...
CHICAGO (Reuters) - U.S. retailers posted their best monthly sales performance since just before the recession started in 2007, as lean inventories meant they did not need to resort to steep discounts. The February results are the latest indication that consumers are coming out of hibernation, although many of the largest retailers do not report monthly sales data. Three-quarters of ...
The SEC charged a Miami couple in a ponzi scheme. They're accused of defrauding investors of $135million, promising returns of 9-16% annually....and they blame the real estate industry:
"Like thousands of other honorable business owners, Mr. and Mrs. Cantens were caught in the undertow of a massive collapse of the national real estate market owing to forces that ...
CHICAGO (Reuters) - Record snow along the U.S. East Coast and other regions likely muted retail sales in February, limiting increases in what was expected to be an easy month for retailers to show big gains over last year. Retailers that were likely hit the hardest by the storms, based on location of their stores, include BJ's Wholesale Club ...

