Kmart Same-Store Sales Fall 4.6 Percent
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Kmart Holding Corp. KMRT.O on Monday  said sales at stores open at least a year fell 4.6 percent in  the November-December period -- an improvement from declines  earlier in the year.
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Sales at U.S. retail stores  unexpectedly shrank 0.1 percent in June, the first decline  since February, pulled down by weaker sales of cars and  building material, government data showed on Friday.
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WASHINGTON - Retail sales slid in August as people steered away from buying cars and shoppers kept a close eye on their spending after splurging in July.    The Commerce Department reported retail sales fell by 0.3 percent in August, following a 0.8 percent gain the previous month...
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Kmart Holding Corp. said Monday that it had strong profitability and cash generation in November and December as the discount retailer's decline in same-store sales moderated.
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Kmart Holding Corporation, parent company of the discount retail chain, said it had finalized the sale of 50 stores to Sears, Roebuck and Co for 575.9 million dollars in cash.
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Gap Inc.  said on Thursday that sales at stores open at least a year fell 4 percent in February.
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U.S. chain store retail sales fell in  the latest week as unseasonable weather caused sales to slow a  retail report said on Tuesday.
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Sales of existing homes are expected to decline 8.6 percent, to 6.47 million, for 2006, and shrink another 1 percent, to 6.40 million units, next year.
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Kmart Holding Corp. has finalized the sale of 50 of its stores to Sears, Roebuck and Co. for $575 million, the retailer said Wednesday.
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Krispy Kreme Doughnuts Inc. KKD.N  on Monday reported a quarterly loss due to store closings and  sluggish sales, sending its stock down 16 percent.
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Circuit City Stores Inc., the nation's No. 2 electronics retailer, reported Monday that same-store sales declined 4.3 percent in the third quarter, largely because of weak sales of music and movie software.
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Kmart Holding Corp. , the discount chain pulled from bankruptcy by hedge fund operator Edward Lampert, will buy Sears, Roebuck & Co.  for &#36;10.85 billion in a bold play to revive two of America's best-known, but long-struggling, retail brands.
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Kmart Holding Corp. (KMRT.O) on Monday reported its third consecutive quarterly profit as cost cuts made up for slumping sales, and its cash pile grew to about &#36;2.6 billion.
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Retailer Kmart Holdings Corp. KMRT.O  on Monday said it finalized a deal to sell 18 of its stores to  Home Depot Inc. HD.N for $271 million.
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The retailer lowers its outlook after same-store sales fall.
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Retail sales dropped at their sharpest rate in four years in January, despite heavy discounting in many stores.
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The largest U.S. closeout retailer reports a drop in same-store sales for August.