Abercrombie & Fitch Co on Wednesday reported sharply lower quarterly profit as sales fell at all of the teen clothing retailer's brands.

Target Corp posted a flat quarterly profit on Wednesday, as it won over shoppers with an expanded selection of food in many stores and discounts for its loyal card holders, while spending more to get ready to open Canadian stores next year.

Staples Inc reported lower-than-expected quarterly results on weak demand in North America, Europe and Australia, prompting the largest U.S. office supply chain to forecast flat sales for the fiscal year. Its shares fell more than 12%.

Saks Inc. said its loss widened in the second quarter from a year ago as its results were dragged down by charges related to closing stores and opening a fulfillment center in Tennessee.

The Home Depot Inc. is feeling more upbeat about its prospects after healthy sales and cost-cutting built up its second-quarter profit.

Sears is preparing to spin off its Hometown and Outlet stores as well as some hardware stores into a separate publicly traded company.

Sales plummeted during the second quarter, as customers remained confused by the retailer's new pricing strategy.

British soccer club Manchester United priced its initial public offering at $14 per share on Thursday, below the $16 to $20 per share range that had been widely anticipated.