LONDON, July 12- British retailer John Lewis said sales at its department store chain rose 4.7 percent in the week to July 9, accelerating the rate of growth from the previous week due to strong demand for its clearance sale. Department store sales rose 4.7 percent year-on-year to 85 million pounds, having increased just 2.1 percent in the previous week- the week... » Read More
If you have followed the J.C. Penney's media soap opera, you know the "Bill Ackman TV trade" is a losing one, said retail analyst Stacey Widlitz.
Investors will be scanning retail earnings reports, due out over the next few weeks, for the lessons they hold about the back-to-school shopping season, the second-busiest retail period.
Despite signs the consumer may be starting to pull back, discount stores and home retailers remain attractive investment opportunities, says one analyst.
Is the worst finally over for beleaguered department store JC Penney?
Online shopping offers a safe and comfortable respite from unruly crowds, but many people who have gifts shipped to them have the packages left at their doorsteps, and these parcels prove irresistible to thieves.
How remodeling has helped boost these companies’ bottom line.