When it comes to paying better wages and keeping employees happy, Zappos isn't waiting for the other shoe to drop.» Read More
Deb Shops, the once popular teen fashion retailer, won court approval on Wednesday to begin going-out-of-business sales for nearly 300 stores.
Jan 7- Struggling apparel retailer Wet Seal Inc said it laid off about 3,700 full- and part-time employees on Wednesday as it went ahead with the closure of 338 stores. The closed stores accounted for almost half of Wet Seal's net sales of about $317 million in the nine months to Nov. 1. The closures will result in pre-tax charges of $5.4 million- $6.4 million, Wet Seal...
Jan 7- Struggling apparel retailer Wet Seal Inc said it laid off about 3,700 full- and part-time employees on Wednesday as it closed 338 retail stores. The closures followed Wet Seal's failure to successfully re-negotiate meaningful concessions from landlords, the company said. The closed stores accounted for almost half of Wet Seal's net sales for the nine...
The "Squawk on the Street" news team discusses the sales rise for JC Penney over the holiday shopping season.
Click through to see some of retail's biggest gaffes over the years.
Discussing which retailers grabbed the biggest piece of the retail pie in 2014, with Dana Telsey, Telsey Advisory Group CEO.
Discussing the holiday shopping season and which retailers are wining, with Liz Dunn, Talmage Advisors founder & CEO.
Discussing the holiday shopping season and how retailers are prepping for Christmas Eve, with Eddie Gindi, Century 21.
Telsey Advisory Group CEO Dana Telsey, handicaps retail's winners and laggards as last minute shoppers enter the home stretch to Christmas.
CNBC's Courtney Reagan reports on the hot demand for the famous "Bean Boot", made at the L.L. Bean factory in Brunswick, Maine.
Nike reported quarterly earnings of 74 cents a share on revenue of $7.38 billion, beating expectations.
Jan Kniffen, J. Rogers Kniffen Worldwide Enterprises CEO, discusses the cost of low crude oil is really a benefit to retailers.
Editor: Steve Orlofsky+ 1 646 223 6200. WASHINGTON- U.S. consumer spending advanced at a brisk clip in November as lower gasoline prices gave the holiday shopping season a boost, offering the latest sign of underlying momentum in the economy. WASHINGTON- Jack Reed, a Mississippi clothing retailer, says the economic recovery is taking hold for his family business as...
WASHINGTON, Dec 11- Jack Reed can see the recovery taking hold at his family's 109- year-old clothing store in Tupelo, Mississippi, with sales buoyed in part by the paychecks tied to a Toyota plant up the road and rising confidence that the jobs are here to stay. Our shoppers seem more confident than they did a year ago, "said Reed, 63, whose chain of four stores clocked a...
Carbon38 co-founders Caroline Gogolak and Katie Warner Johnson, discuss their luxury athletic apparel line and pricing strategy.
Pam Quintiliano, SunTrust, breaks down the quarterly numbers on the struggling athletic apparel company.
Steve Sadove, former chairman & CEO of Saks Fifth Avenue, provides his outlook for the holiday retail season, and comments on JC Penney's turnaround.
Membership fees have helped Costco beat its profit estimates for the first quarter, but will cheaper fuel benefit the retailer's sales? Brian Nagel, retail analyst at Oppenheimer & Co thinks it's a possibility.
Dec 9- Abercrombie& Fitch Co Chief Executive Michael Jeffries, who transformed the teen apparel retailer from a drab sports brand into a fashion icon before running afoul of shoppers and investors, has stepped down after over two decades at the helm. Because I think that shift had already begun, " Simeon Siegel, a top-rated analyst from Nomura Equity Research, told...
A Target manager gave his employees an unforgettable pep talk in preparation for Black Friday.