Macy's CEO Terry Lundgren is scheduled to testify in New York State Supreme Court on Monday in a trial that pits the department store chain against rival J.C. Penney over a partnership with home diva Martha Stewart.
Washington's budget debate could stir up new anxieties as markets head into March, even with expected reassurances about Fed policy from Fed Chairman Ben Bernanke in the week ahead. Europe could also come back into play in the coming week, as currency traders are focused on the outcome of the Italian election.
Next week is the biggest one of the earnings season for the retailers. While each will have different nuances, and wrap up the key holiday quarter, Wall Street will be focused on the sales forecast for the current quarter.
A slower period for the economy may be a serious headwind for stocks.
Stocks finished modestly higher across the board Tuesday, with the Dow and S&P 500 closing at their best levels since October 2007, lifted by optimism for more M&A deals and after positive economic data from Europe.
British fashion mogul Sir Philip Green plans to open 10 more Topshop stores in the U.S. within 2.5 years after launching its first Californian branch last week.
Stocks recovered from their lows Friday to close narrowly mixed, but the S&P 500 managed to pull off its seventh-straight week higher.
Wal-Mart shares fell Friday, dragging on the retailer sector, after an internal company email, in which an executive said February sales were a "total disaster" so far, leaked out.
Perhaps to investors, the shift in Under Armour describes the next phase in the company's development: From disruptive growth company to global retail machine ready to take on Nike
Many top U.S. retailers reported strong January sales after offering compelling merchandise that drew in shoppers facing a hit to their take-home pay from higher payroll taxes.
Beginning of a divergence? Sales of bonds have been the fuel for the stock market rally. However, stocks have moved sideways in the last few days, but the bond market is not being sold.
Some of the names on the move ahead of the open.
The latest batch of retail sales reports shed light on who the retail winners are right now.
Forget the rally; all the headlines were about fears of the looming mini-"fiscal cliff" coming. Let's agree on one thing: get rid of the word "fiscal cliff." So 2012. We need a new term.
Some of the biggest U.S. retailers reported December same store sales on Thursday, showing both hits and misses in a still unsteady economy.
Stocks could take a break Thursday after Wednesdays' super-charged rally gave the Dow its best New Year's gain ever.
Retail sales reports from a handful of retailers on Thursday will provide another peek at holiday spending and help gauge how consumer spending is shaping up. But the expected dour reports may not foreshadow a poor 2013 for retailers.
Though the official data has yet to be released, many analysts think the holiday shopping season saw more stingy Santas this year. The question is—did online sales help retailers boost otherwise lackluster brick and mortar sales?
Despite strong sales early on, the "fiscal cliff" left shoppers hanging on the edge.
Stocks eased off their lows but still finished in the red Wednesday, as weakness in the retail sector and ongoing worries over the looming "fiscal cliff" kept a damper on gains.