Iconic London retailer Liberty Plc is mulling a sale and leaseback of its flagship store in London's prime West End theatre district, as UK commercial property prices continue to rebound.
Skate and snow-boarding inspired retailer Zumiez Inc posted a much higher-than-expected rise of 11.2 percent in February sales at stores open for at least a year, sending its shares up 8 percent after the bell.
Foot Locker posted higher fourth-quarter revenue that beat analysts' estimates and said same-store sales rose in January and February.
Teen clothing retailer Hot Topic Inc's same-store sales came in ahead of estimates, after three straight months of missing analysts' expectations, driven by strong sales at its Torrid division that caters to plus-size women.
Upscale retailer Neiman Marcus Inc reported stronger sales in February, marking the latest sign of the luxury market's recovery.
Costco Wholesale Corp reported a higher quarterly profit for its holiday quarter, helped by more shoppers coming into its stores and improved sales of discretionary items, like home decor and clothes.
Teleshopping and e-commerce operator HSN Inc's posted significantly better-than-expected quarterly profit helped by cost cuts and improved operating performance at its Cornerstone brand, sending its shares up 4 percent before the bell.
Department stores must keep ramping up exclusive lines of clothing and accessories if they are to win market share from rivals and thrive in the still sluggish U.S. consumer spending environment, JC Penney Co Inc Chief Executive Myron Ullman said.
General Growth Properties Inc's unsecured creditors and suitor Simon Property Group criticized William Ackman's role in the mall owner's restructuring plan, alleging conflicts of interest given his position as a director and largest shareholder.
The head of Simon Property Group Inc said that despite signing an agreement, it has yet to receive any information from bankrupt General Growth Properties Inc, the smaller rival that Simon is trying to buy.
Macy's Inc will launch a new line of lower-priced men's sportswear with Kenneth Cole Productions Inc later this year, in the latest exclusive deal aimed at helping a major U.S. department store set itself apart from rivals to win market share.
Record snow along the U.S. East Coast and other regions likely muted retail sales in February, limiting increases in what was expected to be an easy month for retailers to show big gains over last year.
Dubai Mall, one of the world's largest shopping centres and a symbol of Dubai's grandeur, was partly closed after an aquarium containing thousands of fish and sea animals started leaking, police and witnesses said.
U.S. consumer spending increased slightly faster than expected in January as consumers dipped into their savings amid a small rise in incomes, which could help sustain the economic recovery.
Bellwether British retailer John Lewis posted another big rise in weekly sales at its department stores, adding to recent positive signs on consumer spending despite fears over a sluggish economic recovery.