Merchant A-Z

Flooding ruins new condos (WCNC Charlotte)

CHARLOTTE, N.C. -- The floodwaters rose so quickly at the Jamestowne Commons condo complex, most residents got no more than a knock on their door as warning.

Big Lots profit rises, shares down on sales view (Reuters via Yahoo! News)

Big Lots Inc said profit rose as shoppers sought low prices at its stores, but its shares fell as much as 6 percent after it said same-store sales for the rest of the year would likely trail the first half.

Big Lots profit tops Street, raises 2008 profit view (Reuters via Yahoo! News)

Close-out retailer Big Lots Inc reported an 11 percent rise in quarterly profit that beat market estimates, as shoppers headed to its stores for low prices on furniture, food and paper products, and raised its earnings forecast for the current financial year.

Rising from the ashes (Jacksonville Daily News)

The Rose Brothers Furniture store on Lejeune Boulevard that burned down in 2006 is on its way to being back in business. Construction on a new building began in July and has been steadily moving ever since, according to its owners.

Dillard's loss widens by $38 million (CNN Money)

$1.6 billion drop in sales prompts department chain to close 5 stores; 8 more closings planned.