Although large employers are committed to providing their workers with health benefits now, the looming 'Cadillac' tax raises questions about the future.» Read More
Abercrombie announced that it will immediately terminate its shareholder rights plan and make changes to its board of directors.
Get ready for the next era in retail—one that will be characterized by far fewer shops and smaller store footprints.
Some of the names on the move ahead of the open.
The "Fast Money" pros address the top issues of this past week.
The co-founder and former CEO of Staples, Thomas Stemberg, tells CNBC retailers must cut prices to compete with Amazon.
A year ago, Berkowitz formally attempted to simultaneously manage both a hedge and mutual fund. So far, so good.
NEW YORK, Jan 15- J.C. Penney Co Inc said on Wednesday it would close 33 stores and cut 2,000 jobs as part of its efforts to return to profitability. Last week, Macy's Inc said it was eliminating 2,500 jobs.
NEW YORK, Jan 15- J.C. Penney Co Inc said on Wednesday it will close 33 stores and cut 2,000 jobs as part of the struggling retailer's efforts to return to profit. Chief Executive Myron Ullman in a statement called the move an important step that "addresses a strategic priority to improve the profitability of our stores."
TORONTO, Jan 15- Sears Canada Inc plans to cut more than 1,600 jobs this year as it reorganizes and outsources some of its business, the struggling department store operator said on Wednesday.
Experts at this year's retail federation convention had plenty of ideas for what's ailing the sector—and possible solutions.
Mark Cohen, Columbia University professor of marketing, discusses the effect of unprecedented data breach on retail sales and the retail sector. Cohen says there are too many stores and too much inventory and that is problematic for retailers.
BOSTON/ NEW YORK, Jan 13- Target Corp began a major public relations effort on Monday to apologize to customers for an unprecedented cyber attack on its network, but the No. 3 U.S. retailer was vague in providing details about what it knew and when. Target is trying to woo back customers after sales dropped off at the end of the holiday season.
It's been a year of rising stock prices and economic recovery. So why are executives still making cuts and dissing this economy? Retail analyst Brian Sozzi explains.
*December payrolls much lower than expected; weather blamed. *Alcoa slides after results, Sears drops on holiday sales.
Sears' stock is getting crushed after the retailer said it expects a hefty Q4 loss. Michael Santoli, Yahoo! Finance senior columnist, and Mary Gilbert, Imperial Capital managing director, debate if Sears is a buying opportunity for investors.
*Alcoa slides after results, Sears drops on holiday sales. NEW YORK, Jan 10- U.S. stocks were little changed on Friday after the December payrolls report came in much weaker than expected, raising new questions about both the strength of the economy and the aggressiveness of Federal Reserve stimulus. Shares of Lennar Corp gained 2.1 percent to $39.23.
Here are six things you need to know from this week's "Fast Money."
Sears' dismal same-store sales announcement simply confirmed what many retail analysts have been saying for months.
*Alcoa slides after results, Sears down on holiday sales. NEW YORK, Jan 10- U.S. stocks traded flat on Friday after the December payroll report came in much weaker than expected, raising new questions about both the strength of the economy and the aggressiveness of Federal Reserve stimulus.
FMHR trader Joe Terranova said Sears was in "big trouble" on Thursday. He thinks the stock is headed to $20.