By Sruthi Ramakrishnan

Dollar General takes the battle to Wal-Mart with price cuts

By Sruthi Ramakrishnan (Reuters) - Discount retailer Dollar General Corp <DG.N> said it was cutting prices on its most popular items such as bread, eggs and milk, intensifying a price war with retail giant Wal-Mart Stores Inc <WMT.N> to win back...

Thursday, August 25, 2016, 10:51 PM

Lowe's sales miss estimates as short spring hurts

By Sruthi Ramakrishnan (Reuters) - Home improvement chain Lowe's Cos Inc <LOW.N> reported a lower-than-expected quarterly profit and cut its full-year earnings forecast, hurt by a shorter spring in the northern United States and fewer big-ticket purchases...

Wednesday, August 17, 2016, 4:10 PM

Home Depot lifts profit forecast as housing market strengthens

By Sruthi Ramakrishnan (Reuters) - Home Depot Inc <HD.N> reported a 9.3 percent rise in quarterly profit and boosted its full-year earnings forecast as it kept a tight lid on costs, while...

Tuesday, August 16, 2016, 3:37 PM

J.C. Penney's quarterly loss halves, set for full-year profit

By Sruthi Ramakrishnan (Reuters) - J.C. Penney Co Inc's <JCP.N> quarterly loss more than halved as the company cut costs and benefited from higher sales of home goods and footwear as well as beauty products at Sephora outlets in its stores....

Friday, August 12, 2016, 9:08 PM

Macy's to close more stores in turnaround push, stock jumps

By Sruthi Ramakrishnan (Reuters) - Macy's Inc <M.N> said it plans to shutter 100 more stores, representing about 14 percent of its total, as it tries to turn around its business after six quarters of falling sales. The closures are the...

Thursday, August 11, 2016, 8:43 PM

Coca-Cola's revenue misses on weak China, LatAm markets

By Sruthi Ramakrishnan (Reuters) - Coca-Cola Co <KO.N> reported lower-than-expected quarterly revenue due to weakness in China and certain Latin American economies, and the company warned of no improvement in those markets for the rest of the year...

Wednesday, July 27, 2016, 7:09 AM

Chipotle sales miss as food freebies fail to lure diners

By Sruthi Ramakrishnan (Reuters) - Chipotle Mexican Grill Inc <CMG.N> reported a bigger-than-expected drop in quarterly comparable sales as food giveaways and enhanced safety measures failed to bring back diners shaken by a string of food-borne illnesses...

Thursday, July 21, 2016, 4:41 PM

Longtime Macy's CEO Lundgren to step down next year

By Sruthi Ramakrishnan (Reuters) - Macy's Inc <M.N> said Terry Lundgren will step down as CEO next year and be succeeded by former chief merchandising officer, Jeff Gennette, as the department store operator tries to revive sales hit by competition...

Friday, June 24, 2016, 2:19 AM