U.S. retail sales recorded their biggest drop in more than a year in May amid declining purchases of motor vehicles and discretionary spending
The U.S. Consumer Price Index was forecast to rise 0.2 percent in May, after inching up 0.1 percent a month earlier.
U.S. job growth likely remained strong in May, a further sign of an acceleration in economic activity.
Sears laid out a rare profit, Abercrombie & Fitch sold more surfer-inspired apparel than expected and Best Buy got a jolt from electronics
U.S. stock index futures pointed to a higher open on Thursday as oil-producing nations agree to extend production cuts for nine months.
A deal between the three could be reached within about a month, sources told the Wall Street Journal.
Amid a slew of retailers reporting earnings this week, retail stocks are largely trading in negative territory Friday.
Reports of a potential takeover send shares of Abercrombie & Fitch skyrocketing.
Some of the names on the move ahead of the open.
Abercrombie & Fitch is working with an investment bank to field takeover interest from other retailers, sources said on Tuesday.
The SPDR Retail ETF gains for a fourth day as traders bet the worst is over for the industry.
Traders increasingly worry that the future of traditional retailers is grim.
U.S. retail sales were expected to decline 0.1 percent in March, after rising 0.1 percent a month earlier.
Since January 2014, mall traffic has declined every month except for one, according to a new report by Cowen & Company analyst Oliver Chen.
Nine retailers have already filed Chapter 11 this year. That's the same number who did so in all of 2016.
The retail rout could serve as a prime example of just how much value skilled stock pickers can add.
As retailers leave space behind, others are scooping up their best locations.
Abercrombie & Fitch's rebranding efforts are falling flat.
The "Halftime Report" traders discuss some of the day's biggest movers
Abercrombie & Fitch is searching for ways to boost productivity amid ongoing sales declines that continued in the holiday quarter.