As discounting shows little sign of abating, it's the stores with on-trend merchandise that will emerge as the season's winners.» Read More
Holiday shipping deadlines are fast approaching, but shoppers may have until Christmas Eve to place—and receive—Christmas orders.
The second storm of the holiday season is making its way through a wide swath of the nation just as the shopping crunch intensifies.
After an earlier controversy, poor sales and stock performance, the once-trendy retailer is offering larger sizes as part of a turnaround effort.
Struggling retailer Abercrombie & Fitch said it will extend CEO Mike Jeffries' contract, days after a shareholder urged the company to replace him.
Dec 9- Struggling teen apparel retailer Abercrombie& Fitch Co said it will extend Chief Executive Mike Jeffries' contract by at least a year after it expires in February, days after a shareholder urged the company to replace him.
U.S. stocks ran sharply higher on Friday, with the S&P 500 bouncing back after a five-session drop.
Some of Friday's midday movers:
Stocks are rallying on the strong jobs report. What happened to fear of tapering?
U.S. stock index futures pointed to a higher open on Wall Street on Friday, after the all-important non-farm payrolls report for November.
*Sees current-quarter profit $0.26 to $0.30 vs est $0.39. Dec 6- Teen apparel retailer American Eagle Outfitters Inc joined other U.S. retailers in forecasting a weaker-than-expected profit in the current quarter due to intense discounting in the holidays.
Dec 3- An Abercrombie& Fitch Co shareholder urged the teen apparel retailer to replace Chief Executive Mike Jeffries after his contract expires in February, failing which the company should look to sell itself.
The rally is still in an uptrend, but it's looking tired. Then again, it's been looking tired for more than a week.
Dec 3- An Abercrombie& Fitch Co shareholder called on the teen apparel retailer to replace Chief Executive Mike Jeffries after his contract expires in February, saying his re-election could further dent shareholder confidence in the board.
To compete with each other and powerhouse Amazon.com Inc, many U.S. retailers began offering some of the season's best online deals, which were traditionally reserved for the Monday after Thanksgiving, several days ago.
Some of the names on the move ahead of the open.
A look at the early winners and losers from the heavily discounted Thanksgiving Day and Black Friday weekend.
The deals are aplenty after retailers ordered too much holiday merchandise back when the economy was rosier.
The 2013 holiday shopping season may end up being remembered for its sharp discounts.
CHATHAM, N.J./ LOS ANGELES/ WHITE PLAINS, NY, Nov 27- T he 2013 holiday shopping season may end up being remembered for its ugly sweaters and, for many retailers, even uglier discounts.
Frigid temperatures and dry weather should put consumers in the mood to shop on Black Friday weekend.