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Financial-Legal
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May 21, 2013
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Jeff Miller
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U.S. Chain-Store Sales +3%
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U.S. chain-store sales rose 3.1 percent year on year for the week that ended on May 18, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs. Retail sales were basically flat,...
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Retail
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May 21, 2013
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Jeff Miller
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JCPenney's 1Q Sales -16%, Loss Jumps to $348M
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J.C. Penney Company Inc. reported that sales plummeted 16.4 percent year on year to $2.64 billion for the first fiscal quarter that ended on May 4. Same-store sales dropped 16.6 percent. The retailer reported...
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Financial-Legal
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May 17, 2013
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Jeff Miller
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QVC's 1Q Sales +2%, Operating Income +1%
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QVC reported that revenue climbed 2 percent year on year to $1.97 billion during the first quarter that ended on March 31 and operating income rose 1 percent to $260 million. The shopping network's parent company, Liberty...
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Financial-Legal
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May 13, 2013
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Jeff Miller
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U.S. Online Retail Sales +13% to $50B
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Online metrics firm comScore Inc. reported that retail ecommerce sales in the U.S. jumped 13 percent year on year to $50.2 billion during the first quarter that ended on March 31. The top-performing online product...
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Retail
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May 10, 2013
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Jeff Miller
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Swatch Appoints Hayek as CEO of Harry Winston
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The Swatch Group appointed Nayla Hayek, the chairwoman of the company, as the new CEO of Harry Winston Inc., the former retail arm of Harry Winston Diamond Corporation. Hayek had already been nominated chairwoman...
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Retail
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May 10, 2013
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Jeff Miller
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Dominion Diamond Increases Rough Production Forecast
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Dominion Diamond Corporation revised its production forecast at the Diavik diamond in Canada up 11 percent to 6.6 million carats for 2013. The increase was attributed to processing more of Diavik's stockpiled ore, with Dominion Diamond adding...
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Rough Markets
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May 10, 2013
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Jeff Miller
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U.S. Chain-Store Sales +3% in April
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U.S. chain-store sales rose 2.7 percent year on year during the month of April, which was in line with expectations, according to the International Council of Shopping Centers (ICSC). "April's pickup in sales is encouraging,” said Michael...
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Retail
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May 09, 2013
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Jeff Miller
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Sarin's 1Q Revenue +3%, Profit +4%
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Sarin Technologies Ltd. reported that its revenue rose 2.5 percent year on year to $20.2 million in the first quarter that ended on March 31. The firm's profit increased 3.8 percent to $8.1 million. Gross...
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Financial-Legal
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May 06, 2013
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Jeff Miller
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U.S. Chain-Store Sales +3%
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U.S. chain-store sales rose 2.6 percent year on year for the week that ended on April 27, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs. On a week-to-week basis, comparable-store sales rose...
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Retail
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Apr 30, 2013
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Jeff Miller
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LVMH's Watches & Jewelry Sales -1%
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LVMH Moët Hennessy Louis Vuitton reported that sales rose 6 percent year on year to $9 billion (EUR 6.95 billion) in the first quarter that ended on March 31. Same-store sales rose 7 percent. The luxury group...
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Retail
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Apr 16, 2013
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Jeff Miller
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Michael Hill Intl.'s Sales +9%
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Michael Hill International reported that sales for the first three quarters of the fiscal year, which included actual totals for the first eight months plus preliminary results for March, rose 8.8...
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Retail
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Apr 09, 2013
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Jeff Miller
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Financial-Legal
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Mar 22, 2013
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Jeff Miller
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Jewelers Report Strong Gains in Platinum Bridal Sales
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Press Release: A recent sentiment survey conducted by GfK Retail and Technology USA commissioned by Platinum Guild International (PGI-USA), reports strong gains in platinum bridal jewelry sales for 2012, with 77 percent of retailers reporting same...
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Manufacturing
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Mar 19, 2013
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PGI
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U.S. Chain-Store Sales +2%
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U.S. chain-store sales rose 1.8 percent year on year for the week that ended on March 9, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs. On a week-to-week basis, comparable-store sales improved 0.7...
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Research
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Mar 12, 2013
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Jeff Miller
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Marketing
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Mar 07, 2013
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Silver Promotion Service
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U.S. Chain-Store Sales +2% in February
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U.S. chain-store rose 1.7 percent year on year for the fiscal month of February, according to the International Council of Shopping Centers (ICSC). The figure was below ICSC's guidance of 2 percent to 2.5 percent. ICSC concluded...
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Retail
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Mar 07, 2013
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Jeff Miller
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U.S. Chain-Store Sales +2%
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U.S. weekly chain-store sales rose 1.8 percent year on year for the week that ended on March 2, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs. On a week-to-week basis, comparable-store sales were...
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Research
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Mar 05, 2013
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Jeff Miller
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Financial-Legal
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Feb 27, 2013
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Jeff Miller
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JCPenney Reports Loss of $985M, Revenue Plunges 25%
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J. C. Penney Company Inc. reported a loss of $985 million, or $4.49 per share, for the year that ended on February 2, 2013. Revenue fell 25 percent year on year to $12.99 billion, which even included an extra week of receipts...
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Financial-Legal
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Feb 27, 2013
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Jeff Miller
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