Macy's reported quarterly earnings that missed analysts' expectations and said the full year would be weaker than expected.» Read More
J.C. Penney's new pricing strategy is "the first key step in the transformation" of the retailer, CEO Ron Johnson told CNBC Wednesday.
Macy's is suing Martha Stewart Living Omnimedia for breach of contract by agreeing to sell certain products through J.C. Penney that Macy's considered exclusive.
Since Ron Johnson joined JCPenney, the stock has received a free pass. JCP shares are actually up 11 percent despite continuing disappointments. But after all, if anyone can revive a tired retailer, the man who created the Apple retail experience should be the one.
Martha Stewart Living Omnimedia stock dipped more than 4% earlier today on reports that Martha Stewart's flagship show on Hallmark Channel will end this year. And she's not alone, reports CNBC's Julia Boorstin.
A flood created a crisis for a small Chicago service company called Pulling Down the Moon: How to continue serving 200 patients.
Stocks spiked in the final minutes of trading Wednesday following a report that the G20 is considering a $600 billion IMF lending program to euro zone, but came off their highs after the IMF denied the report. Investors were also closely waiting for the key EU summit at the end of the week.
Developments in retail are coming at a fast and furious pace. What must you know about JCPenney and Talbots and how should you trade the changes?
JCPenney's plan to take a $38.5 million stake in Martha Stewart Living Omnimedia is "one of the first cards played in what will be a full hand of moves" by Chief Executive Ron Johnson, "to change the perception of the JCPenney brand," said Piper Jaffray retail analyst Jeff Klinefelter.
J.C. Penney is buying a minority stake in Martha Stewart Living Omnimedia for $38.5 million, the latest move by the department store to revive its brand.
Futures were hugging the flatline Wednesday as investors took a breather following to days of gains to see if EU officials could come up with a plan to deal with the region's debt crisis during a summit at the end of the week.
Some say big-business stars such as Oprah Winfrey, Martha Stewart, and Meg Whitman have not only broken the glass ceiling, they've made it irrelevant. Either way, they're certainty good role models.
Women are redefining success by leaving corporate America, working toward not only creating an acceptable work-life balance, but building a successful business.
This weekend, we celebrated America: Its rolling hills, its stars and stripes, and the entrepreneurial spirit that makes it tick.
Martha Stewart would not tell CNBC if Blackstone Group was hired to sell Martha Stewart Living Omnimedia or if she would take the company private.
Stocks ended modestly higher, snapping a three-day losing streak thanks to news that gasoline demand was stabilizing, and as investors shrugged off weak economic news.
Stocks pared gains just before the close, but remained on track to snap a three-day losing streak thanks to news that gasoline demand was stabilizing.
Stocks gained despite further evidence of weakening in the nation's manufacturing sector and continuing concerns over the euro zone debt crisis.
Stock index futures pointed to a lower open for Wall Street on Wednesday as concerns over the euro zone debt crisis and fears of a Greek default in particular weighed on sentiment.
Today all eyes are focused on Apple stock. CEO Steve Jobs is once again stepping away from the company for health reasons, with a slight difference this time as the leave of absence carries an ‘indefinite’ label.
Alain Ducasse, French celebrity chef, has launched a new iPhone and iPad application serving diners a more customizable taste of his haute gastronomy.