Retailers may get welcome relief from Mother Nature as a cool August will likely provide retailers a tailwind heading into fall.
As part of the deal, the board "reaffirmed its overwhelming support" for CEO Myron Ullman and Chairman Thomas Engibous, who had been targeted by Ackman.
With many traders at the beach, the remaining bulls and bears will skirmish around this key level. Here's what's on tap for the week ahead.
Stocks finished the week in negative territory, with major indexes logging their worst week since June, as investors found little reason to buy following the market's recent highs and amid ongoing worries about when the Fed may start to wind down its stimulus program.
Teens are shopping, but their back-to-school wish lists have changed. Many are mixing designer handbags and fast fashion, making it tough on traditional teen retailers.
A few names stand to outperform their peers as the back-to-school season approaches, Dana Telsey says.
Li & Fung has long been on the cutting edge of globalization, chasing cheap labor to garment factories first in China, then elsewhere in Asia, including Bangladesh.
Investors will be scanning retail earnings reports, due out over the next few weeks, for the lessons they hold about the back-to-school shopping season, the second-busiest retail period.
The "Fast Money" traders share their final trades of the day.
Designed with 24-karat-gold thread, an ultraluxe collection has entered the intimate apparel market to fill a void in the underwear drawers of the wealthy.
Showcasing the latest in the big business of skimpy, several designers were featured during the second edition of Lingerie Fashion Week.
Krystal Maxie-Collins knows it's tough to make a living. Workers like her plod along in positions that leave them barely enough money to keep food on the table.
Earnings from top retailers may not be telling the sector's full story, Steve Kernkraut of Durban Captial says.
Retailers competing for customers are offering unusual items such as appliances and bedding as part of back-to-school sales. What's worth buying this time of year.
The EU may deliver a blow to credit-card companies if a proposal to cap lucrative credit-card transaction fees is approved.
Like it or not, it's time for back-to-school shopping. Retailers are pulling out all the stops to win your dollars for this very competitive-and important-shopping season.
Two stocks will foreshadow what will happen in the third quarter of 2013, Josh Brown of Fusion Analytics says.
Jim Cramer often talks with top business leaders. And after recent conversations, he thinks these stocks are going higher.
There’s something developing right under the surface of the market. Cramer is stunned that more people don’t see it.
Check out which companies are making headlines before the bell: