Wal-Mart Stores Inc reported a flat quarterly profit that met Wall Street expectations on Thursday 14 May as the stronger U.S. dollar offset increased sales from shoppers seeking deals in its stores amid a global economic slowdown.
Kohl's Corp posted a lower quarterly profit on Thursday 14 May but just beat Wall Street's expectations as the department store operator managed to show a slight increase in sales despite persisting consumer thrift.
Debt-laden tourism and retail group Arcandor is set to ask the German government for up to 700 million euros ($948.9 million) in loan guarantees, financial sources close to the matter told Reuters on Thursday 14 May.
Upscale department store chain Nordstrom Inc posted on Thursday 14 May a 32 percent drop in quarterly net profit that was above Wall Street's estimates and raised its 2009 profit outlook, sending its shares up nearly 4 percent.
Fashion retailer Esprit Holdings Ltd on Wednesday 13 May said retail store sales rose 6 percent year on year for the nine months ended March 31, of which Europe posted the biggest increase of 6.9 percent.