Nov 20- Apparel retailer Gap Inc cut its full-year earnings forecast as sales at the Gap brand continued to fall and demand for the cheaper Old Navy clothing slowed. Comparable sales growth at Old Navy stores slowed to 1 percent from 4 percent in the preceding quarter. The company cut its earnings forecast to $2.73- $2.78 per share from $2.95- $3.00 per share for the...» Read More
Best Buy will offer a weekend trade-in event that allows customers to exchange old, working iPads for a $200 gift certificate, All Things D reported on Friday.
Like it or not, it's time for back-to-school shopping. Retailers are pulling out all the stops to win your dollars for this very competitive-and important-shopping season.
Costco Wholesale reported June same-store sales that beat analysts' estimates, while L Brands sales came in lower than expected.
Call them “sneakerheads” or “sneakaholics.” There's a growing number of designer athletic shoe junkies—who comb the Internet, camp out in the wee hours and pay hundreds of dollars for the most highly anticipated sneaker releases.
Rahul Sharma, founder of NEEVCAPITAL and CNBC's UK Business Editor, Helia Ebrahimi, discuss the dismal outlook for UK retailer Marks and Spencer after clothing sales fell by three percent.
Neiman Marcus files registration papers for an initial public offering as its private equity owners eye an exit for their long-held investment.
Rent the Runway CEO Jennifer Hyman explains how her Internet rental business is shaking up the marketplace.
Cramer is always searching for under the radar stocks and his screen has started to blip again.
When you see that 'sale' sign—20 percent off, 30 percent off, 50 percent off—you assume you're getting a deal, but the sale price may not be a deal at all.
Men's Wearhouse founder George Zimmer doesn't like this way this looks. The shareholder meeting was postponed because Zimmer, who was executive chariman, has been terminated.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Men's apparel retailer Men's Wearhouse said it fired Executive Chairman George Zimmer, who founded the company more than 40 years ago, sending the company's shares down 7 percent before the bell.
The company plans to open men's stand alone stores by 2016 says the outgoing CEO Christine Day. Liz Dunn, Macquarie Capital, and Sam Poser, Sterne Agee, weigh in on the strategy and the outlook on the apparel company.
Just ahead of the Lululemon's CEO Day announced her resignation, Lululemon Chairman Dennis Wilson sold stock worth about $50 million, reports CNBC's Josh Lipton.
Lululemon Athletica's Chairman Dennis "Chip" Wilson sold stock worth $50 million days before shares slumped on the news of Chief Executive Christine Day's surprise departure.
While the economic data show a recovery in place, it doesn't seem as if the message has gotten through to retailers serving lower- and middle-income consumers.
Gap CEO Glenn Murphy is introducing a new program in 40 stores on Friday. CNBC's Courtney Reagan has the details.
The sudden departure of Lululemon Athletica's CEO left analysts scratching their heads on Tuesday and prompted a wave of price target cuts and downgrades of the company's stock.
Lululemon said its CEO will step down. The news came a few months after the company had to recall one of its yoga pants for being too sheer. The company also beat on earnings.
Lululemon's CEO Christine Day says she will stay on the board through 2013, or until a successor is named, and that the decision is her own, reports CNBC's Courtney Reagan.