While J.C. Penney still has a long way to go in reaching its goal of $1.2 billion in EBITDA by 2017, it continued to show marked progress.» Read More
Companies here in China’s industrial heartland are toiling to reinvent their businesses, fearing that the low-cost manufacturing that helped propel the nation’s economic ascent is fast becoming obsolete. The NYT reports.
Stocks snapped a four-day winning streak as the Dow and S&P fell after struggling with direction much of the day despite signs of strength in the U.S. economy. Boeing and American Express fell, while HP rose.
Stocks slipped lower minutes before the close after struggling with direction much of the day despite a strong report on retail sales. HP and Cisco rose, Boeing and American Express fell.
Stocks added to gains led by technology and retailers after a stronger-than-expected rise in business inventories and a gain in retail sales that was slightly better than expected. HP and Cisco rose, Boeing fell.
See what's happening, who's talking and what will be making headlines on Tuesday's Squawk on the Street.
The majority of the nation's largest retail chains are planning to hang up "Wanted" signs this holiday season as they either hold seasonal hiring steady compared with year-ago levels or increase the number of workers they are seeking, according to a recent study. But this finding isn't as encouraging as it may seem at first glance.
In the 2002-03 school season, Boise State made about $70,000 in gross royalties from merchandise. Last season, that number had increased ten fold to more than $700,000 after increased exposure from big time wins over Oklahoma in the 2007 Fiesta Bowl and over TCU in the 2010 version of the game.
Retailers turned in surprisingly strong monthly sales reports in August, as sales-tax-free holidays and discounting coaxed shoppers to open their wallets and stock up on back-to-school items.
August same-store sales better than expected. Maybe those tax-free sales days made a difference: 17 states had at least one tax-free weekend in August, up from 13 last year, including big states like Florida, Illinois, and Massachusetts, and it looks like they made a difference.
Discounters and department stores are expected to fare well when retailers issue their monthly sales reports Thursday, as consumers look for one-stop shopping to stock up on school supplies and clothing. Which retailers are heading to the top of the class? A look at analysts' estimates.
If your American bank bet isn't working out, Veracruz founder Steve Cortes recommends going "north of the border."
Stocks rebounded heading into the final hour of trading Wednesday, threatening to snap a four-day losing streak. The Dow was higher, finding firmer footing above 10,000.
Cramer makes the call on viewers' favorite stocks.
Talk about bucking the trends! Williams-Sonoma's profit blows past estimates, proving two things: Affluent consumers have money if they want to spend it, and retailers can coax them to spend if they have the right merchandise and the right message.
Plus, get calls on earnings and GM’s coming IPO.
Stocks slipped Friday in quiet summer trading as the closing bell neared after several reports on the economy did little to improve the mood of investors and the market continued on track to record its worst week since the week ending July 2.
With stocks closing lower 4 days in a row, is it time to surrender to the trend?
Stocks ended the week down sharply, with the major indexes down as much as 4 percent in the worst week for the markets since July 2. Retail drops.
U.S. stocks were lower Friday after several reports on the economy did little to change the overall picture for investors.
How are you playing the retail sector? Does Friday the 13th matter? Share your opinion.