CNBC's Jim Cramer said Friday that Gap's disappointing earnings report and poor morale there was a "downer" for him.» Read More
Gap Inc. says the strong dollar is hurting its revenue. The retailer behind the Gap, Old Navy and Banana Republic brands said Monday that its first-quarter revenue fell 3 percent to $3.66 billion. That includes an 8 percent drop at Banana Republic, 10 percent drop at Gap and a 3 percent increase at Old Navy.
Consumers seem to be spending money on cars, student loans, electronics and dining, but not on retail in general.
The 223k jobs created in April was weaker than the 2014 average. And that puts the Fed in a tough spot, says economist Peter Morici.
NEW YORK, May 6- Amy Paternite, a real estate agent in Maplewood, New Jersey, is getting used to hearing from clients in their late twenties and early thirties who say they never thought they would leave New York City for the suburbs. "They still want good restaurants, but now it's also about space, affordability and being able to send their kids to a good public school,"...
Macy's on Tuesday lifted the lid on its new off-price business, its latest bid to reach a new set of shoppers.
With the 2016 election looming, big issues weigh on small businesses including the minimum wage, health-care costs, taxes and the credit markets.
Using demonstrations and campaigns in traditional and social media, consumers are increasingly forcing companies to change their ways.
Cowen & Co. broke down which retailers pay the most rent per square foot, as well as which rake in the most sales per square foot.
No longer. The Chinese factory – an institution that was once so large, it was measured in football fields – is shrinking.
McDonald's franchise employees who were denied recent pay raises have joined hundreds of fast food workers to call for a $15 federal minimum wage.
April 13- New York's attorney general has sent letters to 13 national retailers, including Gap Inc, Target Corp and JC Penney Co Inc, about "on-call shifts" in which workers are told whether to report to work a day or less before a scheduled shift. A number of companies with stores in New York are requiring employees to check in by telephone, text message or email before...
April 13- New York's attorney general has questioned 13 national retailers, including Gap Inc, Target Corp and JC Penney, about "on-call shifts," a staffing practice that requires workers to find out just hours before their shift whether or not they need to report to work. Letters were also sent to Abercrombie& Fitch, J. Crew, L Brands Inc, Burlington Coat Factory, TJX Cos,...
The attorney general of New York is investigating scheduling practices by thirteen large retailers.
April 13- New York Attorney General Eric Schneiderman has written to 13 retailers, including Gap Inc and Target Corp, questioning them about "on-call shifts," a staffing practice under which workers find out just hours before their shift whether or not they need to go in to work. Practices such as on-call scheduling may violate a New York law, according to the letter.
Some of the names on the move ahead of the open.
Check out the companies making headlines after the bell Thursday: PriceSmart, Gap, Citrix & more.
April 9- Click on http://tmsnrt.rs/1yZ1HNm for a table that compares U.S. retailers' March same-store sales with analysts' estimates as published by Thomson Reuters.
There's a new set of names primed and ready to take over space at the top U.S. shopping centers.
Despite the potential for growth, retailers have had difficulty competing in the plus-size category, which has led to frustrated consumers.
As McDonald's plans a pay raise for 10 percent of its U.S. restaurants, will the move extend to its individually-owned franchises?