More From Vicki M. Young
Target-Vornado Drop Talks
NEW YORK — Target Corp. and Vornado Realty Trust have abandoned talks about a joint bid to buy Sears, Roebuck…
Federated Decision on May Could Come Soon
Federated Department Stores Inc., with its board of directors scheduled to meet Friday, could make a crucial…
Consumer Confidence Slips, But Results are Encouraging
The Conference Board's Consumer Confidence Index slipped in February, although it was still better than…
WWD Recommends
Closing In on a Merger: Federated, May Co. Talks Intensify Over Final Price
Federated Stores, amid speculation that a resolution was near in merger talks with May Co., reported strong…
So What Is a Secondary Stock Offering?
According to Joseph Stein, a banker at the investment banking firm of Peter J. Solomon Co., “A secondary…
Federated-May Status Keeping Street Abuzz
The two retailers negotiated last week, and there was speculation that they were reasonably close on a price.
Forever 21 Mulls Public Offering
NEW YORK — Forever 21, eyeing a future initial public offering, is banking on Gadzooks as one part of its…
Strong Comps Lift Target
Target Corp.'s net income inched up 0.1 percent to $825 million in the fourth quarter, as revenues gained…
Forever 21 to Acquire Gadzooks
NEW YORK — Forever 21, which has been on an expansion spree, is buying bankrupt Gadzooks Inc. for $33…
Dillard’s Jettisons Nine West Brand
NEW YORK — Dillard Department Stores has dropped Nine West from its lineup of brands.
Meanwhile, analysts are…
Reading the Currents: Federated-May Merger Still Seen as Possible
Although merger talks between Federated Department Stores and May Department Stores have stalled, Wall Street…
Linking With a Big Boy: Vornado and Target Said In Talks Over Sears Bid
A deal is said to be in the works between Vornado Realty Trust and Target Corp. to compete against Kmart…
Breaking Up the Party: Vornado Said Eyeing Possible Bid for Sears
Vornado Realty Trust could be close to upping the stakes in the bidding for Sears, sources in the retail real…
Panelists on M&A’s: Brands Over Bottom Line
With $120 billion itching to be spent by investors, it's no wonder "merger mania" is the latest catch phrase…
Ann Taylor Lowers Guidance
Ann Taylor Stores Corp. updated its fourth quarter 2004 guidance, forecasting a loss for the period.