Stocks End Off Lows; S&P 500 and Nasdaq Log Worst Week in 2013
Retail Sales
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Brian Kelly was not surprised by today's market pullback -- in fact, he was prepared for this. But despite the dismal jobs data, Joe Tanious, JPMorgan Funds, says the rally is not over.
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Brian Kelly was not surprised by today's market pullback -- in fact, he was prepared for this. But despite the dismal jobs data, Joe Tanious, JPMorgan Funds, says the rally is not over.
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JC Penney is up as much as 6 percent this morning, reports CNBC's Courtney Reagan, as the company soft launches "home stores" within some of its stores around the country.
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Restructuring specialist Hilco said on Friday it had bought British entertainment retailer HMV, securing the future of the 92-year-old high street firm and 2,500 jobs.
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Lululemon Athletica's chief product officer is leaving the company after yoga pants had to be recalled for too-sheer material.
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JC Penney had a rough year in 2012 with shares down 47 percent, reports CNBC's Courtney Reagan. The retailer's CEO Ron Johnson received no stock awards, and his base pay was unchanged.
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There needs to be more transparency in the way companies value the compensation of their chief executives, said former Playboy chief Christie Hefner, now at the Center for American Progress.
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Databases used by major retailers to prevent workers accused of stealing from getting another job are increasingly under scrutiny. The New York Times reports.
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Rich Chinese tourists are now looking to spend their mega bucks closer home, choosing Hong Kong and Singapore over London and New York to get their luxury fix, according to an HSBC report.
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At the seven-story retail temple that is Louis Vuitton's flagship store in Paris, there are signs of a slowdown in spending by Asian tourists - the recent driving force in a European luxury market defying recession.
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J.C. Penney's CEO Ron Johnson received a total of $1.9 million in 2012, reports CNBC's Courtney Reagan.
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J.C. Penney's top executives -- the chief executive, chief operating officer and chief talent officer -- received no cash bonuses in 2012, according to an SEC filing.
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Betting on a tech turnaround, with the FMHR traders and Porter Bibb, Media Tech Capital Partners. "We're going to see a nice lift, and tech is where it's going to happen," says Bibb, adding "Facebook will have a phone on Thursday."
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Toys 'R Us reported miserable fourth-quarter earnings, but what does this tell us about brick and mortar retail as a whole?
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Will this week's economic data keep the rally going into Q2? The FMHR traders and CNBC's Steve Liesman discuss.
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When grown-ups co-opt a cartoon animal franchise aimed at little girls, everybody wins. Hasbro and Build-A-Bear Workshop stand to hit it big with a new pair of plush My Little Pony toys. NBCNews.com reports.
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CNBC's Rick Santelli shares his thoughts on former Reagan Budget Director David Stockman's advice that investors to get out of the markets and hide in cash, now.
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CNBC's Rick Santelli reports on the latest data. A mixed picture: construction spending is up but the ISM number is down.
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Toys 'R Us withdrew its plans to take the nation's largest toy retailer public, citing tough market conditions and a change in leadership.
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The struggling department store chain is poised to open the first of its new home goods boutiques, a launch that Johnson himself has called "pivotal" to his efforts to revive Penney.
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Dana Telsey, Telsey Advisory Group, says due to low temperatures for this time of year, it has been harder for retailers to sell spring merchandise.