Macy's is expanding its same day delivery service in order to compete with Amazon.» Read More
Stocks gained Thursday as investors returned to financial and technology shares on bets the recent rally could have more room to grow after a brief pullback.
Upscale department store chain Nordstrom says its first-quarter profit fell 32 percent, but the company's results beat Wall Street forecasts.
Nordstrom up 4 percent after the close on higher earnings.
After 3 days of declines, the major indices finally stopped dropping, and it's no surprise that the decline stopped on a day when announcements of major secondaries was very light.
Following are the key questions into the close. How should you trade?
Wall Street's bears are currently behind the wheel, steering stocks lower down a bumpy road.Traders say the debate has been won, and the market has now set its course lower for the time being.
Bank stocks, weak at the open, took another turn down at 3:15 PM ET after analyst Meredith Whitney came on our air and said many of the banks were sitting on "rotting assets."
The economy is turning up, and stocks are on the rise. You wouldn’t know it, though, if you watched the news.
For stocks, May is "show-me time." For the past month, there has been an asset class trade: out of cash and into high-beta stocks like tech, financials, and consumer discretionary.
After months of dismal sales reports, retailers are likely to report a less severe drop-off in monthly same-store sales growth, and investors are seeing this as good news for stocks, but that take on the sector might be premature, warn several analysts.
Investors are holding their breath ahead of same-store sales figures, most of which are due Thursday. What’s the trade?
Stocks jumped on Tuesday after Ben Bernanke delivered a big dose of relief when he signaled that nationalization of big banks was not at hand.
Ready to tackle next week? How should you trade earnings from Nordstrom, Home Depot as well as Macy's and more!
With big retail names reporting earnings next week – is there a blue light special out there for your portfolio?
It looks like frugal is the new black. What's the apparel trade, these days?
While private label cards account for only about 11 percent of all credit card loans outstanding, their troubles offer a window into the deteriorating finances of some of the most distressed Americans., the New York Times reports
Better-than-expected January sales lifted the market out of the doldrums on Thursday, and, in the retail sector, Citi Investment Research's Deborah Weinswig has some favorites to recommend to stock-market investors.
Many retailers saw weak sales as consumer spending largely dried up after the holiday season.
January retail sales are tomorrow, but the big event will be lowered earnings guidance.
Stung by the worry that shoppers -- who cut spending by the most dramatic amount in at least 39 years this the holiday season -- may not start spending again for a long time, stores are making drastic changes.