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
Some within the industry say the globalization of retail has brought with it a new challenge: It's taking the excitement out of global shopping.
The latest cold blast is likely to add to the murky economic picture, which is already making it difficult for stocks to advance.
Amazon may soon feature items from well-known stores such as Lord & Taylor and Neiman Marcus, according to a report by The Wall Street. Journal.
This is Talking Squawk, the official "Squawk Box" blog, providing tidbits, insights and sarcastic reflections.
Options traders seem to think that the clothing retailer is about to report some truly awful news.
NEW YORK, Feb 10- Aeropostale Inc is considering raising capital from private equity firms as the struggling teen retailer evaluates various ways to shore up both its balance sheet and its share price, four people familiar with the matter said on Monday.
Jan 28- Teen apparel retailer Abercrombie& Fitch Co stripped Chief Executive Mike Jeffries of his chairman duties, bowing to investor pressure to reduce his control over the struggling company.
Some of Tuesday's midday movers:
Abercrombie announced that it will immediately terminate its shareholder rights plan and make changes to its board of directors.
Jan 28- Teen apparel retailer Abercrombie& Fitch Co stripped Chief Executive Mike Jeffries of his chairman duties and abandoned a plan aimed at blocking hostile buyout bids. The moves come little over a month after the company extended Jeffries' contract by at least a year, ignoring shareholder Engaged Capital LLC's call to replace the CEO.
Jan 28- Teen apparel retailer Abercrombie& Fitch Co said it separated the roles of chairman and chief executive officer and abandoned a plan aimed at blocking hostile buyout bids. The move comes more than a month after shareholder Engaged Capital LLC urged the retailer to replace current Chief Executive Mike Jeffries or sell itself.
A number of retailers have said that traffic levels continue to struggle, and experts say the heavy promotional environment has also persisted.
Jan 22- American Eagle Outfitters Inc's said its chief executive of two years, Robert Hanson, would leave the company in a surprising move at a time when U.S. teen apparel retailers are struggling to attract shoppers and boost sales.
Teen apparel retailer American Eagle Outfitters Inc said its chief executive of two years, Robert Hanson, would leave the company.
It's hard to drown out all the negative noise coming from the retail sector this year, but not everyone had a bad holiday.
Fast-fashion retailers like H&M are picking up a bigger chunk of sales—at the expense of traditional names like Abercrombie & Fitch and Aéropostale.
Here are six things you need to know from this week's "Fast Money."
Adrienne Tennant, Janney Capital Markets, shares her thoughts on Abercrombie's international growth prospects and the leadership of CEO Mike Jeffries.
Many U.S. retailers had to ramp up promotions last month as shoppers continued to watch their spending during the holiday season.
Some of the names on the move ahead of the open.