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Despite some bullish forecasts coming out of the retail industry, it isn't necessarily shaping up to be a Merry Christmas for everybody.
CNBC's Courtney Reagan reports Gap shares are down more than 12 percent on news of the CEO Glenn Murphy's retirement.
Art Peck, Gap's president of growth, innovation and digital, will take over as CEO, while director Bob Fisher will become chairman.
Shares in retailer J.C. Penney fell sharply on Wednesday after the company said same-store sales growth this quarter would be less than forecast.
What's on your Christmas list this year? Chances are it's not a $300,000 toy racetrack, but if it is, you'd be in luck, Neiman Marcus would have you covered.
Items introduced last year by big restaurant chains clocked in at 12 percent fewer calories, a new study found.
Sears Holdings stock is tanking after reports that three insurance firms for its suppliers are shying away from the company.
Costco Wholesale on Wednesday reported fiscal fourth-quarter net income of $697 million.
CNBC's Courtney Reagan discusses the leadership change at Gap as CEO Glenn Murphy steps down and Art Peck takes over.
Bill Grimsey, former CEO of Iceland and adviser for the Labour Party, says U.K. consumers cannot afford for Tesco "to be run in this manner", adding that the industry "has become bloated".
An ongoing anti-graft campaign and slower growth in spending will continue to weigh on the mainland's retail sector, says Jessie Guo, Head of Regional Consumer Research at Jefferies.
Should investors bet on JC Penney? Rick Snyder, Maxim Group, and Mark Hake, Hake Capital Management, discuss if the brand has been revitalized. Hake says the retailer is gaining new customers and getting its old customers back.
CNBC's Courtney Reagan reports from JC Penney's analyst day where executives discussed the retailer's long-term financial strategy and CEO succession plan.
One thing experts can agree on: Consumers will remain cautious when opening their wallets this holiday.
Tesco has asked a fifth senior executive to step aside as it probes an overstatement of its expected profits, the Financial Times reports.
Sales and earnings are moving in the right direction, so the closures won't be seen as a sign of weakness, Brian Sozzi said.
Prices in U.K. high street stores fell at a faster rate in September and food inflation hit an all-time low.
Lisa Gersh, former CEO of Martha Stewart Living Omnimedia, will head goop, Gwyneth Paltrow's lifestyle and e-commerce company.
CNBC's Courtney Reagan reports JC Penney has released financial targets for three years out.
Discussing Costco's bottom line beat and competition with Sam's Club, with CNBC retail analyst Stacey Widlitz.