For the retailers that have been knocking on death's door, this holiday shopping season has taken on an added sense of urgency.» Read More
S&P futures initially dropped about 10 points following a very poor non-farm payrolls report. July payrolls fell 131,000, more than double the 60,000 decline expected by economists. Government job losses were particularly notable. The key reading of private sector jobs also disappointed the Street (gain of 71,000 vs. gain of 83,000 consensus).
The latest reads on consumer confidence and personal spending have provided little encouragement that shoppers are starting to spend again. However, July marks the start of back-to-school shopping, and since parents have to buy clothing for their growing children, it may give a much-needed boost to retail sales.
With new data showing China's manufacturing is shrinking, the Fast Money desk discusses the best plays in the People's Republic.
As summer comes to an end and students go back to school, the retail industry is preparing for its first big test of the fall semester—picking the right price.
Here's what Ray Harrison from Harrison Financial Group is saying about why the markets seem to be positioned into a sideways trading range.
Here's what analysts are saying about retail sales for back-to-school.
Warm weather and sales tied to the Memorial Day and Father's Day holidays helped drive shoppers to stores in June, but the heavy discounting may have hurt retail profits.
Family Dollar's conservative guidance: is this what Q3 guidance will look like? All the discount retailers are flat to down today as Family Dollar (FDO) provided guidance for the current quarter (Q4) that is below Street consensus ($0.46 to $0.51 vs. Street estimates of $0.53). The conference call, mostly with CFO Ken Smith, was very instructive...
Stocks rallied Tuesday as the euro gained against the dollar after a number of successful European debt auctions eased investor concerns about the euro zone's solvency crisis. Techs and industrials led the advance.
Stocks rallied Tuesday as the euro gained against the dollar after a number of successful European debt auctions eased investor concerns about the euro-zone's solvency crisis. Techs and industrials led the advance.
The Lightning Round is extended in this CNBC.com exclusive feature.
Poor weather in early May and a still cautious consumer translated into a mixed bag for retailers in May, underscoring the fragile state of the economic recovery at this stage.
What follows is a roundup of corporate earnings reports for Friday, May 20.
This trend is driving the markets right now.
Cramer’s wondering how much longer this stock’s triple-digit returns will continue.
The teenage consumer is returning to the mall to replace her wardrobe, and her continued search for value has helped Aeropostale set itself apart from competitors in the teen retail space, Co-CEO Mindy Meads told CNBC Wednesday.
The latest batch of economic reports is providing fresh evidence that consumers are starting to spend again, and the buzz is "a lot better" at an annual retail investors conference in New York, said Dana Telsey, CEO and Chief Research Officer of Telsey Advisory Group, which runs the conference.
Not very of late. But Cramer’s predicting a rebound.
Warm weather, an early Easter and a more confident consumer appear to have boosted retail sales in March, with many of the retailers who have reported results so far topping analysts' estimates.
There are exactly five sectors where analysts have, on average, raised their earnings estimates during the last month, and exactly five sectors where analysts have negatively revised their consensus estimates.