Saks is betting that shoppers still care about glamour with a $250M restoration of its Fifth Avenue flagship store, the New York Times reports. » Read More
CNBC's Courtney Reagan talks with Richard Baker, Hudson's Bay CEO, about the purchase of Saks, Hudson's Bay plans for expansion and growth strategy going forward.
Luxury retailers’ outlet stores may soon give traditional department stores a run for their money.
Some of the names on the move ahead of the open.
Pastels, cutouts and florals ruled the runway as Fashion Week kicked off in New York, showcasing the latest looks for the spring 2014 season.
Neiman Marcus is the second major U.S. luxury retailer to be sold in a deal involving a Canadian firm in two months.
The opportunities are few and far between in this sector as a result of shifting consumer demand, Cramer said.
After hearing from a slew of retailers, Cramer thinks you may need to rethink what you own and why.
Cramer always says top management is a key factor to consider when buying a stock. And he likes these four top managers very much.
The yield on the 10 year hit Art Cashin's "alarm bell" level Monday as Fed jitters escalate — and that's got the stock market on edge.
Stocks kicked off the week with a thud, with the Dow and S&P 500 logging their first four-day losing streaks this year, as Treasury yields hit a two-year high amid ongoing worries over when the Federal Reserve might start to reduce its asset purchases.
Wal-Mart and other big business interests argue that raising the minimum wage will kill jobs and raise prices. The truth may be different.
With Saks the latest retailer to disappoint with weaker-than-expected earnings, investors are worried about how the retail sector will fare heading into a heavy week of earnings.
Saks released Q2 results earlier than scheduled; CNBC's Courtney Reagan has the details.
U.S. stock index futures were narrowly mixed Monday, after major indexes posted their first back-to-back weekly losses since late June, amid ongoing uncertainty about when the Federal Reserve might start tapering its asset purchases.
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.
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.
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.
T.J. Maxx plans to open an online store this year, as does rival Saks' Off Fifth outlets, making 2013 the year tech may have caught up with the speed of fashion.
Looking for a way to boost sales, more retailers have begun looking north in search of a less skittish Canadian consumer who doesn't have as many shopping choices.