Men’s Wearhouse agreed to buy smaller rival Jos. A. Bank for $1.8 billion, ending a months-long takeover battle between the suit sellers.
Penney shares shot higher after analysts at Citigroup upped the retailer to ‘buy’ from ‘neutral.’
Dick’s Sporting Goods logged a 7% jump in fourth-quarter earnings on Tuesday as the retailer generated solid sales growth during the holiday season.
Teen apparel retailer American Eagle Outfitters forecast earnings for the current quarter that fell short of analysts' expectations, saying a severe winter hurt demand.
Chiquita and Irish fruit seller Fyffes agreed on Monday to a $1.07 billion merger, creating the world’s largest banana company.
McDonald's February global same-store sales fell 0.3%, as weak U.S. and Japan results offset European growth.
Despite bad weather across the U.S., Foot Locker beat the Street with a 16% jump in quarterly profits as the athletic apparel retailer enjoyed healthy sales growth.
Big Lots announced stronger-than-expected fourth-quarter earnings and said its board signed off on a $125 million buyback plan.
Blaming the snow, Gap reports worse-than-expected 7% decline in a key growth metric.
A group of investors led by Cerberus Capital Management scored a deal to buy Safeway for about $9.2 billion, beating out rival grocery store chain Kroger.