The SPDR S&P Retail ETF (XRT) dropped more than 3 percent, weighed down by sharp losses from Macy's and Kohl's.
The "Squawk on the Street" crew discuss the holiday retail rout for Macy's and Kohl's.
Macy's, Kohl's, and Alphabet stocks are making headlines this Thursday morning on Wall Street.
I think this is a department store issue, says Dana Telsey, Telsey Advisory Group CEO, providing insight to the retail sector and her forecast for 2017.
CNBC's Courtney Reagan takes a look at what went wrong with retailers over the holidays as Macy's sales disappoints and Kohl's cut their full year EPS guidance.
The season's sales came in $115 million ahead of expectations, after getting off to a slow start following the election.
These are the stocks posting the largest moves after the bell on Wednesday, including: Macy's, Kohl's and more.
With Macy's and Kohl's sinking after hours, the “Fast Money” traders weigh in on the retail space.
Macy's said in August that it would close 100 locations. Here is a list of 68 stores it is shuttering.
Kohl's shares sharply drop 9 percent after the company announces disappointing guidance and weak November/December sales. Also, Macy's lowers full-year EPS guidance following disappointing holiday sales. CNBC's Courtney Reagan reports.
Retail promotions remained rampant in November and December, but they held steady in the days after Christmas.
When retailers' sales reports trickle out in the new year, they'll be hard-pressed to find an excuse if their results fall short.
Amazon recruited more shoppers to its subscription Prime program than it has during any other Christmas season, the company said Tuesday.
Returning a gift? Beware: More than a few major stores have altered their previously generous open-ended return policies this year.
Perhaps more than any other retailer, Amazon is benefiting from the surge in online shopping this holiday season.
A tax reform proposal is scaring the pants off clothing and shoe retailers. Here's why.
Retail stocks were hit hard on Friday amid concern that the companies won't be able to meet high holiday sales expectations.
The "Fast Money" traders give you 6 ways to play retail heading into the busy holiday season.
The "Fast Money" traders discuss whether or not to buy the dip in retail.
Several popular brands and categories are well-positioned to benefit from an anticipated holiday spending boost.