On May 29, Macy’s, Inc. (NYSE:M) announced an agreement for Macy’s to anchor the new Ka Makana Ali‘i in Kapolei in West O‘ahu, Hawaii. Subject to satisfying final lease provisions, current plans call for the store to open in mid-2016. Macy’s, Inc. (NYSE:M) net profit margin is 5.40 % and weekly performance is 3.96%. On last trading day company shares ended up $59.89. Analysts mean target price for the company is $62.79. Macy’s, Inc. (NYSE:M) distance from 50-day simple moving average (SMA50) is 3.42%.
Kohl’s Corporation (NYSE:KSS) CFO Wesley S. Mcdonald sold 9,429 shares of the stock on the open market in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $54.42, for a total value of $513,126.18. Following the completion of the sale, the chief financial officer now directly owns 128,991 shares in the company, valued at approximately $7,019,690. Kohl’s Corporation (NYSE:KSS) shares fell -0.07% in last trading session and ended the day on $54.44. Gross Margin is 36.60% and its return on assets is 6.00%. Kohl’s Corporation (NYSE:KSS) quarterly performance is -2.42%.
On May 27, Sears Holdings Corp (NASDAQ:SHLD), a leading integrated retailer focused on making shopping easier for its members, has launched a nationwide search for the greatest dad moustache. Now through June 15, moms and kids can take a photo of dad’s moustache – or he can snap a moustache “selfie” – and share it at sears.com/DestinationDad to enter the Father’s Day “Snap Your Stache” contest.Sears Holdings Corp (NASDAQ:SHLD) shares moved up 2.20% in last trading session and was closed at $42.06, while trading in range of $40.00 – $42.35. Sears Holdings Corp (NASDAQ:SHLD) year to date (YTD) performance is 5.83%.
On May 22, The Bon-Ton Stores, Inc. (NASDAQ:BONT) reported operating results for the first quarter of fiscal 2014 ended May 3, 2014 and reaffirmed its earnings guidance for fiscal 2014. Total sales and comparable store sales decreased 6.1% and 5.8%, respectively, in the quarter. Adjusted EBITDA (not a measure recognized under generally accepted accounting principles (see Note 1)) was $7.1 million, compared with $15.2 million in the first quarter of fiscal 2013. Net loss in the first quarter was $31.5 million, or $1.63 per diluted share, compared with a net loss of $26.6 million, or $1.41 per diluted share, for the first quarter of fiscal 2013. The Bon-Ton Stores, Inc. (NASDAQ:BONT) ended the last trading day at $10.24. Company weekly volatility is calculated as 4.79% and price to cash ratio as 25.64. The Bon-Ton Stores, Inc. (NASDAQ:BONT) showed a negative weekly performance of -8.57%.
On May 28, 2014 Sears Hometown and Outlet Stores, Inc. (NASDAQ:SHOS) held its Annual Meeting of Stockholders at 3333 Beverly Road, Hoffman Estates, Illinois 60179. Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS) net profit margin is 3.10% and weekly performance is 3.77%. On last trading day company shares ended up $22.03. Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS) distance from 50-day simple moving average (SMA50) is -2.46%.