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Market Watch
Jul 28 - Aug 3, 2006
JCPenney, Kohl’s & Federated Report Healthy Comparable Store Sales Increases for July
DALLAS, Aug 3, 2006/ --- As July financial statements roll in, comparable store sales published by department stores show that they are within range of each other with Kohl’s, Federated and JCPenney reporting healthy increases.
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Game Stop Tops List of STORES Magazine ‘Hot 100 Retailers’
WASHINGTON, DC, Aug 3, 2006 / --- Bigger does not always mean better, as Stores Magazine unveiled its list of ‘Hot 100 Retailers’ – the fastest growing companies in the retail sector as featured in the magazine’s August issue.
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Ellen Tracy Expands To Footwear
LOS ANGELES, Aug 2, 2006 / --- Ellen Tracy launched its new line of footwear at the WSA show being held in Las Vegas from Aug 1- 4, 2006. The new line of shoes is under a licensing agreement with Modern Shoe Company which had been tasked to design and manufacture Ellen Tracy and Company Ellen Tracy brand names.
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Kenneth Cole Announces Record Revenues of $135.3 Million; Will Skip Catwalk Show In Lieu of A Presentation To Unveil Spring 2007 Collection
DALLAS, Aug 1, 2006 / --- Last week, when Kenneth Cole Productions, Inc. posted its financial statement, the stockholders held a small parade. Reporting record revenues of $135.3 million for the first quarter of 2006, an increase of 13.3% during the same period last year, the prognosis was the company was ‘very healthy’ financially.
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Wal-Mart To Sell German Business to Metro AG
DALLAS, Jul 28, 2006 / FW/ --- In a statement released today by Wal-Mart, Michael Duke, Vice-Chairman of Wal-Mart Stores, Inc. confirmed that the giant retailer has entered an agreement with Metro AG to sell its German business for an undisclosed amount.
[more]
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