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J.C. Penney's comp sales drop

Retailer J.C. Penney Co. finished the five-week period ending Jan. 3 with comparable-store sales down 8.1% compared to the same period last year.

GameStop holiday sales up 22.3%

Video game retailer GameStop Corp.'s sales soared during the holiday season despite concerns over overall consumer confidence.

Preliminary report: Neiman's revenue down

Upscale retailer Neiman Marcus Inc. said Thursday the company’s comparable revenue, or same-store sales, fell 31.2 percent in its specialty retail stores segment during the five-week period ending Jan. 3.

Same-store sales plunge at Zale Corp.

The chief executive officer of jewelry company Zale Corp. said Thursday the holiday shopping season “was the most difficult in memory due to the overall macroeconomic situation.”


MERGERS & ACQUISITIONS AWARDS

Join us for the Dallas Business Journal’s fourth-annual Mergers & Acquisitions Awards recognizing outstanding mergers, acquisitions and other corporate financing events - and the people and companies who put the deals together.

Event Information:
Thursday, January 22, 2009
Belo Mansion Pavilion
6:00 p.m. - 8:00 p.m.

Click here for registration and event information.

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T. Boone says Obama is on right track

Texas billionaire and energy efficiency advocate T. Boone Pickens called President-Elect Barack Obama’s speech on the economy a step in the right direction on Thursday.

Family, Perry mourn loss of J.L. Huffines

Family, friends and state leaders spent Wednesday night and Thursday morning remembering Dallas businessman James Lecil “J.L.” Huffines Jr., chairman of Huffines Auto Dealerships.


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