Discussing the kind of experience consumers want today, and winners in the space, with CNBC contributor Jan Kniffen, and Dana Telsey, Telsey Advisory Group CEO. » Read More
Twilio, a software supplier to Uber, filed for an IPO, perhaps ending a dry spell for tech companies that dates back to late 2015.
New store expansion remains Tiffany’s lone bright spot ahead of its Wednesday earnings report.
The same issues that have plagued department stores this year are similarly weighing on Best Buy's results and growth prospects.
NEW YORK— Best Buy Co. on Tuesday offered a disappointing profit outlook for the current quarter, weighed in part by a recent earthquake in Japan that hurt the availability of some highly profitable products. The news sent Best Buy's stock down 6 percent even as the company reported first-quarter profits that topped Wall Street projections.
Retailers are struggling to strike the right balance between brick-and-mortar stores and online operations, Matt Boss says.
Retail received a much-needed reprieve, but the sector was still on track to extend its weekly losing streak.
BENTONVILLE, Ark.— Surprisingly strong sales at Wal-Mart and an optimistic outlook from the world's largest retailer lifted a pall that settled over much of the sector in the past two weeks. Wal-Mart's revenue climbed to $115.9 billion from $114.83 billion in the quarter, breezing past projections for $112.67 billion in revenue from industry analysts,...
A choppy retail earnings season continued Wednesday, and "Fast Money" traders looked through the wreckage at how to play the sector.
ALBANY, N.Y.— New York's comptroller says Best Buy and Nordstrom have agreed to increasingly use renewable energy in their operations and supply chains. It owns about $32 million in Best Buy shares and $18 million in Nordstrom. Best Buy Co. is based in Richfield, Minnesota.
NEW YORK— Target easily beat first-quarter profit expectations, but slowing sales at the Minneapolis retailer and across much of the retail sector is creating a lot of unease. Shares of Wal-Mart Stores Inc., which reports earnings Thursday, fell more 3 percent as investors got out of the way. Target CEO Brian Cornell blamed the cold and wet spring for weakening...
After a down session for markets Tuesday, "Fast Money" traders debated whether some recently weak stocks have fallen too far.
LAS VEGAS— The co-CEO of Westfield Corp., one of the world's largest mall operators, said that shopping centers have to act more like technology companies in order to be relevant to the fast-changing consumer. "Clearly, there's a shake-up going on," said Steven M. Lowy, co-CEO of Westfield, which operates 34 shopping centers worldwide in key cities like London and New...
Amid the wreckage in the retail sector, is now the time to cherry-pick some of the names that may have been unfairly punished?
NEW YORK— Target has poached a Nordstrom executive for its new chief merchandising officer, a crucial position and the one who determines what appears on store shelves. Mark Tritton was president of Nordstrom Product Group where he oversaw the merchandising, design, manufacturing, marketing and omnichannel distribution of more than 50 private-label brands...
Here are the best retail ideas from Wall Street analysts with top stock picking track records, according to TipRanks.
As brick-and-mortar retailers flounder amid weak earnings, the "Fast Money" traders found some hidden value in the sector.
It's 'show me' time for the economy, after April's monthly retail sales signaled the consumer is doing pretty well.
Allen Questrom, former JC Penney Chairman and CEO, says the customer "is there," just putting her money elsewhere besides apparel.
J.C. Penney's stock fell Friday after the retailer delivered mixed results for the first quarter.
Nordstrom shares fell more than 10 percent Friday after the company's first-quarter results missed the mark with Wall Street.