Retail sales increased less than expected in June, but apparel retailers are doing well and should see more strength this year, experts say.» Read More
H&M said on Thursday it will bring two of its secondary retail stores, & Other Stories and COS, to the U.S. this year.
Retailers are eyeing shopping mall vacancies to house spinoff concepts, as they search for ways to grow sales organically.
The "Fast Money" traders share their final trades of the day.
In the past two days, U.S. apparel retailers, American Eagle Outfitters and Urban Outfitters Inc have warned that results in the current quarter would be hurt by stiff competition and choppy sales trends at malls.
*Says expects 1st- qtr earnings/share $0.00 vs est $0.13. March 11- Teen apparel retailer American Eagle Outfitters Inc forecast current-quarter earnings below analysts' estimates as it struggles to attract shoppers amid intense competition from "fast fashion" chains.
*Says expects 1st- quarter earnings/share $0.00 vs est $0.13. March 11- Teen apparel retailer American Eagle Outfitters Inc forecast earnings for the current quarter that fell short of analysts' expectations, saying a severe winter had hurt demand.
As shoppers continue to shift their spending to the Web, traditional retailers are missing out on the impulse buy.
Stocks jumped on Tuesday, with the Dow and S&P 500 bouncing back after their worst hit in a month.
Credit Suisse upgraded the retailer to "outperform" from "neutral," citing the fact that it will lower prices moving forward.
Some of Tuesday's midday movers:
Some of the names on the move ahead of the open.
Halfway through earnings reports, the scorecard isn't giving investors much reason for optimism. Here's what you need to know.
It was a subtle thing, nonetheless Jim Cramer thinks it’s a sign the economy might not be as bad as feared.
*Fourth-qtr adjusted profit $1.34/ share vs est. Feb 26- Teen apparel retailer Abercrombie& Fitch Co said it would lower prices to deal with intense competition, after discounts in the holiday season helped quarterly revenue fall less than expected.
Many traders set up to be short stocks and Treasuries this year. Retail stocks seeing short covering today.
There has been a lot of pain because many traders had been set up to be short stocks and Treasurys this year. That trade has not worked out.
*Forecasts 2014 earnings of $2.15- $2.35/ share vs est. *Fourth-qtr adjusted profit $1.34/ share vs est. Feb 26- Teen apparel retailer Abercrombie& Fitch Co said it would reduce prices this year to deal with intense competition, after the company reported higher-than-expected quarterly revenue mainly due to discounting.
*Fourth-qtr adjusted profit $1.34/ shr vs est $1.03. Feb 26- Teen apparel retailer Abercrombie& Fitch Co reported higher-than-expected quarterly profit and revenue in the holiday quarter as discounts helped win back young shoppers and the company cut costs.
U.S. stock index futures pushed higher on Wednesday ahead of more housing data and several quarterly fourth quarter earnings updates.
Feb 26- Teen apparel retailer Abercrombie& Fitch Co reported higher-than-expected quarterly profit and revenue as discounts helped win back young shoppers and the company cut costs. Abercrombie's net income fell to $66.1 million, or 85 cents per share, in the fourth quarter ended Feb. 1 from $157.2 million, or $1.95 per share, a year earlier.