Discount Stores

Page 1

Oisix lowers full-year outlook for FY 2015

Thursday, 23 Apr 2015 02:00am EDT

Oisix Inc:Says the company lowered the full-year outlook for the FY ended March 2015.Revenue forecast decreased to 18,060 million yen from 18,300 million yen.Operating profit forecast decreased to 648 million yen from 750 million yen.Ordinary profit forecast decreased to 668 million yen from 775 million yen.Net profit forecast decreased to 348 million yen from 465 million yen.Earnings per share decreased to 59.95 yen from 80.80 yen.Comments that increased cost and extraordinary loss of 113 mln yen for impairment loss of fixed assets are the main reasons for the forecast.

TJX Companies Inc announces Chairman change

Wednesday, 22 Apr 2015 11:00am EDT

TJX Companies Inc:Announced that Bernard (Ben) Cammarata has decided to retire as Chairman of the Board of The TJX Companies.His retirement will be effective on the date of the Company's next annual meeting of stockholders, June 11.After his retirement from the Board, Cammarata will remain with the Company in an advisory role as Founder and Executive Advisor.The company intends to elect Carol Meyrowitz, Chief Executive Officer of TJX since 2007 and a Director of the Board since 2006, to the additional position of Chairman of the Board immediately following Cammarata's retirement at the annual meeting.

Costco Wholesale Corp announces reauthorization of stock repurchase program and increase in quarterly cash dividend

Friday, 17 Apr 2015 04:59pm EDT

Costco Wholesale Corp:Reauthorized a common stock repurchase program of up to $4 billion.Says program will expire in April 2019 and replaces the current $4 billion program (expiring this month), which has unused authorization of about $2.5 billion.Says it also declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from $.355 to $.40 per share, or $1.60 per share on an annualized basis.Dividend is payable May 15, to shareholders of record at the close of business on May 1.

Hyundai Home Shopping Network to establish new subsidiary

Monday, 13 Apr 2015 08:49pm EDT

Hyundai Home Shopping Network Corp:To invest 60 bln won to set up a wholly owned subsidiary in South Korea.The new entity will be engaged in the rental and care business.The new entity will be capitalized at 60 bln won.Expected transaction settlement date of April 15.

NY attorney general questions Target Corp and other retailers’ practices for on-call staff, pay for short shifts - AP

Sunday, 12 Apr 2015 08:00pm EDT

Target Corp:New York’s attorney general has launched an inquiry into 13 retailers, questioning the practice of keeping workers on call for shifts on short notice and possible violations of the state requirement to pay hourly staff for atleast four hours when they report to work - The Associated Press.Letters were sent to Gap Inc., Abercrombie & Fitch, J. Crew Group Inc., L. Brands, Burlington Coat Factory, TJX Companies, Urban Outfitters, Target Corp., Sears Holding Corp., Williams-Sonoma Inc., Crocs, Ann Inc. and J.C. Penney Co. Inc.Attorney General has targeted New York employers who cheat or underpay low-wage workers, getting more than $17 mln in restitution for about 14,000 workers from fast food franchise owners, construction contractors and others.The attorney general’s office is now examining retailers and whether reporting in to an employer also triggers the pay requirement under New York law.The attorney general’s office said it has received reports of more employers setting shifts the night before or even just a few hours in advance, including these 13.

NY attorney general questions TJX Companies Inc and other retailers’ practices for on-call staff, pay for short shifts - AP

Sunday, 12 Apr 2015 08:00pm EDT

TJX Companies Inc:New York’s attorney general has launched an inquiry into 13 retailers, questioning the practice of keeping workers on call for shifts on short notice and possible violations of the state requirement to pay hourly staff for atleast four hours when they report to work - The Associated Press.Letters were sent to Gap Inc., Abercrombie & Fitch, J. Crew Group Inc., L. Brands, Burlington Coat Factory, TJX Companies, Urban Outfitters, Target Corp., Sears Holding Corp., Williams-Sonoma Inc., Crocs, Ann Inc. and J.C. Penney Co. Inc.Attorney General has targeted New York employers who cheat or underpay low-wage workers, getting more than $17 mln in restitution for about 14,000 workers from fast food franchise owners, construction contractors and others.The attorney general’s office is now examining retailers and whether reporting in to an employer also triggers the pay requirement under New York law.The attorney general’s office said it has received reports of more employers setting shifts the night before or even just a few hours in advance, including these 13.

Costco Wholesale Corp and Sobeys recall cooked chicken salads over Listeria concerns - CBC News

Friday, 3 Apr 2015 03:05pm EDT

Costco Wholesale Corp:Costco, Sobeys and IGA have issued recall warnings for cooked chicken salads with best-before dates from April 3 to April 5 due to possible contamination from Listeria monocytogenes - CBC News.Costco is recalling roasted chicken salad bearing the Kirkland Signature brand and Sobeys and IGA are recalling various in-store prepared salads.The Canadian Food Inspection Agency issued the recalls.The Costco Kirkland Signature salads were sold in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia and Newfoundland.

TJX Companies Inc announces 20 pct increase in common stock dividend

Tuesday, 31 Mar 2015 11:21am EDT

TJX Companies Inc:Raised amount of quarterly dividend by 20 pct from last dividend paid.Board declared regular quarterly dividend in amount of $.21 per share.Payable June 4 to shareholders of record on May 14.

Kenkou Corp becomes parent company of Dream Vision

Tuesday, 31 Mar 2015 04:00am EDT

Kenkou Corp Inc:Says Dream Vision completed issuance of 3,900,000 shares at 192 yen per share (748,800,000 yen in total) through private placement to Kenkou Corp, on March 31.Says under capital and business alliances between Kenkou Corp and Dream Vision plan disclosed on Feb. 12 that Kenkou Corp became parent company of Dream Vision.

Target Corp speeds up its Canadian exit, plans to wind up all stores by mid-April - The Canadian Press

Saturday, 28 Mar 2015 08:00pm EDT

Target Corp:Is planning to close all of its Canadian stores even faster than originally planned - The Canadian Press.A court-appointed monitor overseeing the windup of the Target Canada stores says all 133 locations across the country will be permanently shut down by 'as early as mid-April,' which is about a month ahead of schedule.Some locations have already ceased operations — 17 stores closed in the middle of March.Another six Target locations will shutter on March 30, while 23 are slated for closure on April 1, and 32 more on April 2.All stores are expected to be closed to the public as early as mid-April 2015.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary

Analyst Research

Report Title Price
Provider: GlobalData
$125.00
Provider: GlobalData
$81.00
Provider: Pechala's Reports
$10.00
Provider: Wright Reports
$65.00
Provider: GlobalData
$81.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.