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.
A Bangladesh factory where Wal-Mart Stores and Inditex inspectors spotted cracks in the wall this month is still making Wrangler shirts for the world's largest apparel maker, U.S.-based VF Corp.
Baby boomers preparing for retirement are driving a surge in small business sales, as they find more buyers confident enough to expand their own businesses through acquisitions.
Maxim Group upgraded shares of JC Penney to buy and slapping a $27 price target on the stock. Rick Snyder, Maxim Group and William Frohnhoefer, BTIG, discuss.
The clothing brand sold by Britain's biggest retailer Tesco said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years.
Restaurant owners are worried that a tough new drunk driving law, which would make it illegal to drive with at blood-alcohol content level above 0.05, may hurt their business.
JC Penney CEO Mike Ullman told shareholders: "I have an enduring affection for J.C. Penney." They appeared to return the favor, at the company's shareholder meeting.
J.C. Penney reported a bigger quarterly loss and lower revenue than expected. CEO Mike Ullman vowed to put the retailer "back on a path to profitable growth."
Parents might not recognize E. Robert Kinney by name, but they owe him a debt of gratitude for popularizing what might be the only kind of fish their kids will eat.
Groupon's strategy is shifting its focus away from daily emails to becoming a mobile marketplace as the search for a new CEO continues in earnest and the company is looking to be "less misunderstood."
Colin McGranahan, Sanford Bernstein analyst, has the play on the world's largest retailer after a disappointing earnings report and forecast put pressure on the stock.