Steven B. Tanger, Tanger Factory Outlet Centers President and CEO, thinks the "demise of retail is well exaggerated."» Read More
Looking for a great holiday season deal? These battered stocks may be offering the biggest discount of all.
How much would you pay for a 1998 game used jersey from Michael Jordan's final regular season game as a Chicago Bull?
*Shares of Wal-Mart rose 3.3 percent to $59.80, while Home Depot was up 2.5 percent at $123.90 in premarket trading. *Urban Outfitters slumped 10 percent to $20.40 after the apparel retailer reported disappointing quarterly comparable sales. *U.S. stocks had their best day in three weeks on Monday, helped by strong gains in energy stocks as investors saw limited...
Wal-Mart buys heavily into the China story, despite slowing growth in the world's second-largest economy, the retail giant's Asia CEO said.
Nov 16- Apparel retailer Urban Outfitters Inc reported weaker-than-expected comparable sales, piling more pressure on its shares already strained by the surprise purchase of an Italian pizza chain earlier on Monday. Shares of the company fell as much as 10 percent after Urban Outfitters said it would buy the Vetri Family restaurant group, and fell another 10...
Nov 16- Apparel retailer Urban Outfitters Inc's comparable sales rose far less than expected in the third quarter due to weaker demand for its Anthropologie brand, sending its shares down 7.6 percent in extended trading. Analysts have said the long spell of warm weather in September and October, which hurt sales of cold weather apparel like coats and jackets,...
Nov 16- Apparel retailer Urban Outfitters Inc said comparable sales rose far less than expected in the third quarter due to weaker demand for its Anthropologie brand. Net income rose to $52 million, or 42 cents per share, in the third quarter ended Oct. 31 from $47.1 million, or 35 cents per share, a year earlier. Net sales rose to $825.3 million from $814.5 million,...
NEW YORK— Shares of Urban Outfitters Inc. fell Monday as the clothing and apparel retailer moved to buy the Vetri Family group of pizza restaurants. Philadelphia- based Urban Outfitters did not disclose the purchase price of the restaurants, which include Philadelphia's Pizzeria Vetri and five other restaurants. Urban Outfitters has 240 stores throughout...
Weyhill and Whatf competes with big names to bring American made shirts.
Saks is betting that shoppers still care about glamour with a $250M restoration of its Fifth Avenue flagship store, the New York Times reports.
At a time when more workplaces are going business casual, one retail upstart is trying to encourage men to button up, or rather down.
Analysts say fast fashion retailers and department stores alike must brace themselves for a "market share scramble."
Emirsyah Satar, chairman of MatahariMall.com says online purchases in Indonesia remain low because of the challenge posed by logistics.,
Demand for high price-point items such as handbags and boots has slowed, hitting department stores' sales, says Rick Snyder, senior retail analyst at Odeon Capital Group.
Nov 12- Private equity firm TowerBrook Capital Partners LP, which acquired U.S. women's apparel retailer J. Jill Group six months ago, is considering an exit through a potential initial public offering of the company, Bloomberg reported. The buyout firm invited a select number of banks to pitch options for the company, which could lead to an initial public...
CNBC's Courtney Reagan details surprising earnings from Kohl's and why it goes to show not all retailers can be painted with the same brush.
In the third quarter, Kohl's beat Wall Street's estimates but said winter apparel slowed. CNBC's Courtney Reagan reports on the latest retail earnings.
Oliver Chen, senior retail analyst & managing director at Cowen and Company, explains why he remains cautious on the U.S. retail sector following a disappointing earnings report from Macy's.
Just halfway into this year's Singles Day shopping event, Alibaba has already eclipsed its record sales result from 2014.
Playboy unveils PlayboyShop.com to sell the brand's merchandise.