A recent wave of store closures by big-box retailers and department store chains like Sears, Toys R Us, J.C. Penney and Bon-Ton is forcing commercial landlords to pony up more cash and get creative to replace those spaces.
Jim Cramer hears from Peter Horvath, a former Victoria's Secret and American Eagle Outfitters executive, about his new gig as CEO of a cannabis products company.
Victoria's Secret owner L Brands Inc (LB.N) on Thursday said it would close all 23 of its Henri Bendel stores and the Henri Bendel e-commerce website in January.
The owner of Victoria's Secret, Pink and Bath & Body Works reduced its full-year earnings guidance due to weakness in Pink. Analysts at Jefferies say the brand "is not wanted any longer."
Retailers like Aerie and Abercrombie & Fitch are seeing a dramatic surge in swimwear sales, thanks to the year-round summers and string bikini posts on Instagram.
Stocks fell on Thursday after President Donald Trump slapped tariffs on the European Union, Mexico and Canada, sparking fears the U.S. could enter a trade war with some key partners.