Brian Tunick, RBC Capital Markets managing director, and Jharonne Martis, Thomson Reuters director of research, discuss the pressures facing the retail sector.
Mike Gould, former Bloomingdale's chairman & CEO, discusses the issues facing retailers as names in the sector report disappointing quarterly earnings.
CNBC's Courtney Reagan reports the latest disappointing earnings from retail names like JCPenney and Nordstrom.
The "Squawk on the Street" crew talks about the rough week for retailers as earnings show weak sales and Amazon continues to take market share.
U.S. stock index futures pointed to a lower open on Friday as traders digested key economic data to close out the week.
Americans stepped up their spending at auto dealers, hardware stores and e-commerce outlets as retail sales rebounded from two sluggish months.
WASHINGTON— Americans stepped up their spending at auto dealers, hardware stores and e-commerce outlets as retail sales rebounded from two sluggish months. The Commerce Department said Friday that retail sales increased 0.4 percent in April from March. The rise also indicates that the struggles of large retail chains, such as Macy's and JC Penney's, reflect...
Department stores have to reinvent themselves, says Dana Telsey, Telsey Advisors Group CEO, discussing retail's dismal quarter and what they must do to bring back consumers and remain competitive in the retail game.
Some of the names on the move ahead of the open.
PLANO, Texas— Losses at J.C Penney doubled in the first quarter and sales at established stores fell again, capping a terrible week for retailers. The direction for sales at J.C. Penney was clear, however, particularly at stores open at least a year, which fell for the third consecutive quarter. J.C. Penney tumbled 7 percent at the opening bell to below $5 per share,...
April retail sales should see a solid gain after a weak March, signaling a stronger start to the second quarter.
Shares of department stores are tumbling today, but one trader is making a big bet on an earnings surprise from Nordstrom.
The chain has been under increasing pressure of late from activist investor Starboard to make money off its vast real estate empire.
Disappointing quarterly results from Macy's, Kohl's and other big department store chains put investors in a selling mood Thursday, sending U.S. stocks modestly lower. Kohl's, Dillard's and Nordstrom also fell sharply. "Macy's came in well below what the market had expected and that has basically put a cloud over the brick-and-mortar retail across the board."
Digital sales are becoming a more vital component to many retailers' businesses, as Amazon poses tough competition, Jan Kniffen tells CNBC.
In an interview with the Chicago Tribune, Sears CEO Eddie Lampert spoke about the retailer's latest turnaround efforts.
NEW YORK— It's starting to look a lot like the Great Recession redux for retailers. The results this week from department stores like Macy's, Kohl's and J.C. Penney are expected to illustrate the latest damage by the spending shift and the dominance of Amazon. "The first-quarter reports will show how difficult the mountain retailers will have to climb," said Ken...
Jim Cramer explained the external pressure causing this consumer goods play to crumple.
Stocks shrugged off the plunge in oil prices, but oil, consumer inflation and retail sales could be important in the week ahead.
Jim Cramer looked ahead at next week's stocks and events to see how investors can maneuver Washington's promises.