GameStop shares took a hit after Microsoft unveiled its Xbox One and it said it wouldn't play used games, or would charge a fee to do so. Paul Raines, CEO of GameStop, offers insight on the quarter and the console business.
Same-store sales dropped at Abercrombie & Fitch in its first quarter. Stacey Widlitz of S.W. Retail Advisors, discusses how to play the stock now. And Sapna Maheshwari of BuzzFeed explains her claim that top execs at the retailer are concerned about its CEO's amount of power within the company.
The growing appeal of luxury goods to men and increased confidence among affluent spenders are boosting sales and encouraging luxury brands to step up their investments in the U.S.
GameStop shares took a hit after Microsoft unveiled its Xbox One and it said it wouldn't play used games, or would charge a fee to do so. Paul Raines, CEO of GameStop, offers insight on the quarter and the console business.
The department-store chain saw its loss more than quadruple — a big miss compared to what analysts had expected. Revenue, however, beat. Shares fell sharply after-hours.
The government has moved in on Aeropostale's chief marketing officer, who set up shell companies that took millions in kickbacks. CNBC's Andrea Day has the details.
A group of retailers, including Macy's and Target, are suing Visa and MasterCard over fees, breaking off from a proposed $7.2 billion settlement reached last year.
Shares of cloud-based e-commerce software provider ChannelAdvisor surged in their debut, as enterprise software makers continue to draw investor attention.
Shares of Saks surge amid a New York Post report that the luxury department store chain hired Goldman Sachs to explore strategic alternatives, including a possible sale.
Target cuts its full-year profit forecast while turning in a weak first quarter with disappointing sales, as a chilly start to spring kept shoppers from buying seasonal items.
While 94 percent of the companies in the Standard & Poor's 500 Index have already reported quarterly earnings, this week remains a key week for the retail industry with 24 retailers reporting earnings—12 of which are S&P 500 components.
Best Buy shares fell after the company's latest earnings report, but CEO Hubert Joly said there are early positive signs that the moves are beginning to resonate with consumers.
British luxury group Burberry posted a 14 percent rise in full-year pretax profit and said profit for the first half of its new fiscal year would be below last year's as it reduces its wholesale business in favor of retail markets.