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U.S. Retail Losses From Shrinkage Cost $44B
U.S. retailers lost $44 billion from inventory shrinkage in 2014, according to the National Retail Federation/University of Florida National Retail Security Survey. While the group has measured retail shrinkage annually, totaling up the cost...
Research Jun 24, 2015 Jeff Miller
kay
Signet Records $1M Loss, Same-Store Sales +4%
Signet Jewellers Ltd. reported that revenue rose 52.7 percent year on year to $1.18 billion for the third quarter that ended on November 1, on a condensed consolidated basis that included the acquisition of Zale. Comparable-store sales...
Financial-Legal Nov 25, 2014 Jeff Miller
jcpenney
JCPenney Notes Good Demand for Fine Jewelry, Narrows Loss to $172M
J.C. Penney Company Inc. reported that revenue increased 5.1 percent year on year to $2.8 billion in the second quarter that ended on August 2, while same-store sales rose 6 percent. The retail giant reported a loss...
Retail Aug 14, 2014 Jeff Miller
winsome
Winsome Diamonds Reports Preliminary Loss
Winsome Diamonds & Jewellery Ltd. reported that its preliminary sales for the quarter that ended on December 31 dropped to $189,000 (INR 11.7 million) compared with $230 million (INR 14.3 billion) one year...
Financial-Legal Feb 17, 2014 Jeff Miller
Zales Store
Zale's Revenue +1%, Loss Narrows to $27M
The Zale Corporation reported that revenue rose 1.4 percent year on year to $362.6 million in the first quarter that ended on October 31. Same-store sales, which include ecommerce revenue, rose 4.4 percent. Cost...
Financial-Legal Nov 26, 2013 Jeff Miller
jcpenney jewelry
JCPenney's 3Q Revenue -5%, Loss Surges to $489M
J.C. Penney Company Inc. reported that its revenue fell 5.1 percent year on year to $2.78 billion in the third quarter that ended on November 2; however, the retailer held cost of goods sold relatively flat...
Financial-Legal Nov 20, 2013 Jeff Miller
birks mayors
Birks' Sales Improve, Loss Grows to $8M
Birks Group Inc. reported that sales climbed 2.2 percent year on year to $57.3 million for the second quarter that ended on September 28. Same-store sales rose 11 percent; however, the jewelry retailer operated...
Financial-Legal Nov 14, 2013 Jeff Miller
Zales Store
Zale Narrows 4Q Loss to $8M, Improves Margin and Lowers Debt
Zale Corporation reported that its revenue improved 2.5 percent year on year to $417.1 million for the fourth fiscal quarter that ended on July 31. Same-store sales, which included online sales, rose 5.6...
Financial-Legal Aug 28, 2013 Jeff Miller
carol alt jewelry
Sears' 2Q Revenue -6%, Loss Jumps to $194M
Sears Holdings reported that its revenue slipped 6.3 percent year on year to $8.87 billion for the second quarter that ended on August 3. Comparable-store sales in the U.S. fell 1.5 percent, while same-store sales...
Financial-Legal Aug 22, 2013 Jeff Miller
jcpenney jewelry
JCPenney's 2Q Sales -12%, Loss Surges to $586M
J.C. Penney Company Inc. reported that its revenue and same-store sales plunged 11.9 percent year on year to $2.7 billion for the second quarter that ended on August 3. Cost of goods sold fell only...
Financial-Legal Aug 20, 2013 Jeff Miller
saks
Saks' 2Q Sales Nearly Flat, Loss Grows to Almost $20M
Saks Inc. reported that its revenue barely improved, rising just 0.5 percent year on year to $707.8 million for the second quarter that ended on August 3. Same-store sales rose 1.5 percent. Cost of sales...
Financial-Legal Aug 19, 2013 Jeff Miller
Charles&Colvard moissanite necklace
Charles & Colvard Reports Revenue +29%, Loss of $492K
Charles & Colvard reported that its revenue rose 28.8 percent year on year to $6.5 million during the second quarter that ended on June 30. However, costs and expenses surged 63 percent to $7.4 million,...
Financial-Legal Aug 09, 2013 Jeff Miller
paragon
Paragon Diamonds Narrows Loss to $2M
Paragon Diamonds narrowed its fiscal year loss to $1.7 million (GBP 1.1 million) compared with $21 million one year ago. The explorer recorded no revenue for the year, but it has ''conditionally'' raised...
Mining May 29, 2013 Jeff Miller
jcpenney
JCPenney's 1Q Sales -16%, Loss Jumps to $348M
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...
Financial-Legal May 17, 2013 Jeff Miller
sothebys small
Sotheby's Revenue -3%, Loss Widens to $22M
Sotheby's reported a 3 percent year-on-year decrease in its total revenue to $101.7 million for the first quarter that ended on March 31. The decline was principally due to a lower auction commission margin of 15 percent from 18.1...
Financial-Legal May 09, 2013 Jeff Miller
jcpenney jewelry
JCPenney Reports Loss of $985M, Revenue Plunges 25%
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...
Financial-Legal Feb 27, 2013 Jeff Miller
Zales Store
Zale's Revenue +8%, Loss Narrows to $5M in 3Q
Zale reported a revenue increase of 8.1 percent year on year to $445.2 million for the third fiscal-quarter that ended on April 30, 2012. Same-store sales also rose 8 percent. Cost of sales increased 5.6 percent to $217...
Financial-Legal May 23, 2012 Jeff Miller
jewelry
Jewelry Overtakes Electronics as Top-Loss Category in 2011
Jewelry losses by dollar value in the U.S. this past year surged to the top of the list of property insurance claims, according to Enservio, which reported its findings in the annual Contents Claims Index (CCI) today....
Research May 22, 2012 Jeff Miller
jcpenney jewelry
JCPenney's 1Q Revenue -20%, Records Loss of $163M
J.C. Penney Company Inc. reported that its first-quarter sales fell 20 percent year on year to $3.15 billion for the three months that ended on April 28. Same-store sales fell 18.9 percent. Gross margin...
Financial-Legal May 15, 2012 Jeff Miller
Bidz.com
Bidz.com's Loss Grows to $7M in 2011
Bidz.com reported merchandise sales fell 19 percent year on year to $79.1 million, while wholesale sales rose almost 9 percent to $6.8 million for the fiscal-year that ended on December 31. The online retailer reported a net...
Financial-Legal Mar 16, 2012 Jeff Miller
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