Target Corp. forecast sales to increase for the first time in five quarters, thanks to improved customer traffic and sales trends, sending its shares up as much as 4 percent and pushing retail stocks higher in early trading. The forecast comes days after rival J.C. Penney said it was expecting second-quarter sales to significantly improve...
NYS Entity Status
NYS Filing Date
JULY 24, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - FABRICATION ENTERPRISES RETAIL SALES CORP.
Around the Web
- Retailers rally after Target gives surprisingly strong forecast
By Reuters - Thursday Jul 13, 2017
- Target shares up as sales and profits are unexpectedly strong
By Reuters - Wednesday Aug 16, 2017
Target Corp. on Wednesday reported higher-than-expected quarterly profit and comparable-store sales after four straight quarters of declines as more customers visited its stores and website. Target shares jumped 5.1 percent to $57.11 in premarket trading after the retailer said second-quarter traffic increased more than 2 percent. The shares were recently up 2 percent at $55.42...
- Sears shares surge after deal to link appliances with Amazon
By Reuters - Thursday Jul 20, 2017
Sears Holdings Corp’s shares soared 20 percent after the struggling retailer said it would sell its Kenmore home appliances on Amazon.com and integrate the brand’s smart gadgets with the online giant’s Alexa digital assistant. The deal will expand the distribution reach of Kenmore products, potentially giving a fillip to the company’s sales, which have been...
- Retailers hit hard as gun sales dwindle
By Josh Kosman - Tuesday Aug 15, 2017
Gun retailers took another shot to the gut on Tuesday. Two national retailers dependent on hunters reported second-quarter results that were dinged by a noticeable drop-off in gun sales. Dick’s Sporting Goods lost more than $700 million in value after it reported less than expected second-quarter same-store sales, dragged down by a “weakness in hunting”...
- New York Today: New York Today: Sales Slow for Shops at Penn Station
By ALEXANDRA S. LEVINE - Tuesday Jul 11, 2017
Tuesday: Retail woes, a Yankee wins Home Run Derby, and World Population Day.
- Retail stores want to cash in on growing chew toy sales
By Lisa Fickenscher - Wednesday Sep 27, 2017
Pet toy sales are showing some bite. Those chew toys for Fido and related goods have become the hottest sector in the toy business — posting annual growth rates in the mid-single digits while sales of children’s toys are shrinking, industry statistics show. In 2017, pet toy sales are expected to exceed $1 billion for...