Bricks-and-mortar locations need to undergo a complete makeover to stay relevant 25 years down the line, experts said.» Read More
Sick of trying to curate cosmetic products? A subscription to Birchbox—which sends samples of high-end beauty products—may be the answer.
NEW YORK, June 16- JC Penney Co interfered with a contract between Macy's Inc and Martha Stewart Living Omnimedia Inc when it cut a deal to sell a line of the celebrity's home goods, a New York judge ruled on Monday.
NEW YORK, June 16- J.C. Penney's pact with Martha Stewart Living Omnimedia to sell a line of home goods interfered with an exclusive deal between the celebrity's company and Macy's, a New York judge ruled on Monday. In his ruling, however, Justice Jeffrey Oing of New York state court limited the damages that Macy's could obtain.
J.C. Penney interfered with Macy's agreement with Martha Stewart Living Omnimedia, a New York judge ruled on Monday.
Lululemon stock hit three-year lows, but it could be worth holding on to, Citigroup analyst Oliver Chen says.
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.