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"Penney's is just beginning to hurt the department stores," Durbin Captial's Steve Kernkraut says.
Tiffany was upgraded by Sterne Agee to a "buy." Ike Boruchow, Sterne Agee senior research analyst, explains why this is a story of "margin inflection."
Jan Kniffen, CEO of J. Rogers Kniffen, remains optimistic about J.C. Penney.
"Retailers do think the shutdown will have an impact on their businesses," explains Jan Kniffen, J. Rogers Kniffen CEO.
What impact does economic uncertainty have on consumers? Discussing the question are NBC Today financial editor Jean Chatzky, personal finance expert Liz Weston, Sanborn Mortgage President Michael Menatian and CNBC's Sharon Epperson.
The apparel retailer rejected an offer from smaller rival Jos. A. Bank as "inadequate," saying it could do better on its own.
J.C. Penney's steep discounts are going to hurt the retail sector this coming holiday season, Steve Kernkraut of Durbin Captial says.
According to same store sales data, consumers are raising the red flag. Steve Kernkraut, Durban Capital, says to be cautious about the retail sector going into holiday season after a disappointing back-to-school season.
U.S. retail sales continued to weaken after peaking at 4.7 percent in June, according to MasterCard's data crunchers.
To take the pulse on fashion, retail and consumer habits, CNBC's Sue Herera went to high-schoolers at the local mall.
As the government shutdown enters its second week, a widening circle of consumers are feeling its effects.
The French Riviera hasn't lost its cachet, topping the list of prime residential enclaves for the ultra-wealthy, according to research from Savills.
Dermot Boyd, UK CEO of QVC, discusses the future of the company and television shopping.
Tamara Mellon, the co-founder of the luxury brand Jimmy Choo, told CNBC that her former business partner Choo did not have the "creative vision" to design shoes.
Nike CEO Mark Parker talks exclusively with CNBC about the new Free Flyknit model and how customers will soon be able to get custom made shoes designed for their feet.
Jim Cramer is always looking for the next big thing. He may have found something.
CNBC's Robert Frank had dinner with the "Watch Enthusiasts of New York," or the "Wenys." Check out their reaction when he shows them the Richard Mille "dragon watch."
British state press regulation will be hammered out this week after the U.K. government rejected a proposal from newspapers to regulate themselves.
Men's Wearhouse is rejecting an unsolicited $2.3 billion merger offer from rival Jos. A. Bank Clothiers, saying the bid "significantly undervalues" the company.
Costco Wholesale Corp posted a 1 percent rise in quarterly profit and a three percent increase in its same-store sales for the month of September.