Jim Cramer tells the tale of this popular retailer that has pulled off a remarkable turnaround, despite there being no CEO.» Read More
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Retailers have been severely shaken this earnings season, but there might be an options play that could make you money.
Oil once more has the stock market over a barrel, and it will likely be a major focus for markets in the week ahead.
Paul Hickey of Bespoke Investment Group says now is the time to buy retail stocks.
Urban Outfitters will end on-call shifts for employees at all of its U.S. stores.
With the peak shopping season approaching, Urban Outfitters is asking its employees to pitch in a bit more, but they won't get paid for it.
Oct 7- Apparel retailer Urban Outfitters Inc has agreed to end on-call shifts for employees at all its New York stores, New York state's Attorney General Eric Schneiderman said. The company joins retailers Abercrombie& Fitch Co, Gap Inc, and L Brands Inc's Victoria's Secret and Bath& Body Works in agreeing to end on-call shifts, Schneiderman said in a statement on...
NEW YORK, Oct 5- U.S. retailers enter the holiday season vowing to control discounting that has wreaked havoc on their results in the past, but competition between stores, consumers trained to expect discounts and a still-recovering economy point to a difficult year. High-end retailer Nordstrom ended the summer saying it planned 20 percent fewer clearance...
Here's how fast-fashion retailer Primark could change the game for U.S. retailers.
Mike Khouw outlines a bearish bet in the options market by which one trader spent $2 million that Gap would fall near a 52-week low in a month.
The bets against these six stocks are surging.
Blue jeans, baby!
Aug 26- Apparel retailer Gap Inc said it would end on-call shifts at all of its stores and improve scheduling policies to provide employees with at least 10-14 days' notice. The decision follows an inquiry by New York State attorney general Eric Schneiderman's office into the legality of on-call shifts at 13 retailers, including Gap, Target Corp, JC Penney Co Inc,...
*Cameron International soars on Schlumberger deal. Aug 26- U.S. stocks lost much of their early gains in afternoon trading on Wednesday as ongoing worries about China's economy outweighed the apparently receding chance of a U.S. rate hike in September. In the clearest indication yet that market ructions could affect U.S. monetary policy, New York Fed President...
Abercrombie & Fitch reported same-store sales that vastly improved from the first quarter.
*Cameron International soars on Schlumberger deal. Aug 26- U.S. stocks rose in morning trading on Wednesday, helped by stronger-than-expected durable goods data, raising hopes that Wall Street will snap its six-day losing streak. Apple Inc provided the biggest boost to the three major U.S. indexes.
*All major S&P sectors up. *Cameron International soars on Schlumberger deal. Aug 26- U.S. stocks opened sharply higher on Wednesday, with all three major indexes up about 2 percent, after data showed durable goods orders rose more than expected in July.
U.S. stock index futures pointed to a higher open on Wednesday after a highly-volatile session for China's Shanghai Composite.
Aug 26- Teen apparel retailer Abercrombie& Fitch Co reported a surprise adjusted quarterly profit, helped by demand for Hollister and Abercrombie Kids brands. Net loss attributable to the company was $810,000, or 1 cent per share, in the second quarter ended Aug. 1, compared with a net profit of $12.9 million, or 17 cents per share, a year earlier.
Aug 26- Teen apparel retailer Abercrombie& Fitch Co reported better-than-expected quarterly sales, helped by demand for Hollister and Abercrombie Kids brands. Net loss attributable to the company was $810 million, or 1 cent per share, in the second quarter ended August 1, compared with a net profit of $12.9 million, or 17 cents per share, a year earlier.