Even with this week's weakness, Amazon.com stock has been outperforming rival retailers though it will likely face a fairly volatile trading day after it reports.» Read More
Lowe's is launching a simulation room that enables customers to view a 3-D representation of their renovation projects.
Urban Outfitters opened a 57,000-square-foot store in New York City, complete with a hair salon, coffee bar and record shop.
Former Bloomingdale's CEO Michael Gould said there's an underlying issue in retail: There's not enough risk-taking or newness.
*Target replaces Canadian president with 15- year U.S. veteran. *Target to announce 1st- qtr financial results on Wednesday. Some analysts said that Target needs to look beyond its ranks to address profound problems in Canada, which lost $941 million before interest and taxes last year, while generating $1.3 billion in sales.
J.C. Penney's high level of debt means it offers "very little value" for investors," Wells Fargo analyst Paul Lejuez said.
Wal-Mart's core consumer is facing stagnant wage growth and simply can't afford to spend on discretionary items.
India's new pro-growth leader is eliciting swoons from the investor class. How do investors play Bombay's market?
May 15- J.C. Penney Co Inc reported a rise in comparable store sales for the second consecutive quarter, helped by demand for household goods and men's and women's clothing, sending the company's shares up more than 25 percent in after-hours trading.
JC Penney reported a quarterly loss and revenue that beat analysts' expectations on Thursday.
*Sears Holdings says it may put Sears Canada up for sale. Sears Holdings, which operates more than 2,300 stores in the United States and Canada, said it will hire an investment bank to explore options for its share of Sears Canada. The move comes as Sears Holdings, which operates Sears and Kmart discount stores, tries to engineer a turnaround.
U.S. stocks dipped on Wednesday, with the Dow and the S&P 500 coming off record highs.
Some of Wednesday's midday movers:
*Sears Holdings says it may put Sears Canada up for sale. May 14- Sears Holdings Corp said on Wednesday that it was considering the sale of its 51 percent stake in Sears Canada Inc, a move that could mean all of the Canadian department store operator goes up for sale.
NEW YORK, May 14- U.S. stocks edged lower on Wednesday, with the Dow and S&P 500 both coming off their record closing highs, though losses were concentrated in small-cap names.
Traders are looking for fresh catalysts to keep the market's momentum going amid mixed readings on the economy from data and corporate earnings, as well as the ongoing threat that the tension between Russia and Ukraine could escalate into further violence.
NEW YORK, May 14- U.S. stock index futures pointed to a lower open on Wednesday as investors found few reasons to keep pushing shares higher with the Dow and S&P 500 both coming off record closing highs.
May 14- Department store operator Macy's Inc said business was picking up after severe winter weather resulted in weaker-than-expected sales in the first quarter, allowing the company to stick to its full-year profit forecast. Macy's, which also owns the high-end Bloomingdale's chain, reaffirmed its earnings forecast of $4.40- $4.50 per share for the year.
U.S. stock index futures pointed to a flat-to-lower open on Wednesday, with investors awaiting April inflation figures.
Wal-Mart is fast becoming a "fierce threat" to Amazon's dominance of online shopping, a leading retail analyst tells CNBC.
May 14- Macy's Inc reported a 1.7 percent decline in quarterly sales as a severe winter across parts of the United States deterred shoppers from visiting its department stores. The company, which also owns the high-end Bloomingdale's chain, said revenue fell to $6.28 billion in the first quarter ended May 3 from $6.39 billion, a year earlier.