Jamie Paton

Recent Articles By The Author

Update: Consolidated Stores to Sell KB Toys

The company said it would sell the division for roughly $300 million, less than it paid for the firm.

Update: Wal-Mart Meets, J.C. Penney Beats Expectations

Many retailers are struggling to shelter themselves from a slowdown in consumer spending.

Update: Cendant Makes Bid Valued at $935 Million for Rest of Avis

The franchising giant currently owns about 18% of Avis.

Update: Best Buy, Ames Get Pummeled After Warnings

Ames is also cutting jobs, closing stores and taking a charge.

Gap Meets Lowered Expectations; Kmart Disappoints

Shares of both drop on the data.