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Investors can’t wait to get their hands on the latest retail numbers to gauge the health of the consumer and by proxy the rally.
The latest reads on consumer confidence and personal spending have provided little encouragement that shoppers are starting to spend again. However, July marks the start of back-to-school shopping, and since parents have to buy clothing for their growing children, it may give a much-needed boost to retail sales.
Facing pressure from critics of Wall Street to limit its role in elections, Goldman Sachs has pledged not to spend any of its vast corporate reserves on political advertising. The NYT reports.
As summer comes to an end and students go back to school, the retail industry is preparing for its first big test of the fall semester—picking the right price.
Back-to-school fashion is getting a makeover as more school districts adopt uniform dress codes.
The online retailer's shares plunged after the company posted earnings that missed analyst expectations and revenue that barely beat forecasts.
On the surface they seem better than expected but stocks turned negative on Thursday, as the Street feared what lies beneath recent earnings from JPMorgan.
Warm weather and sales tied to the Memorial Day and Father's Day holidays helped drive shoppers to stores in June, but the heavy discounting may have hurt retail profits.
June retail sales report: better than most expected, but not a game changer. Numbers were good for the most part, but not enough to change anyone's opinion. The back half remains murky due to the macro data, which right now does not support a robust recovery.
Stocks pulled off a gain Tuesday after a late rally as investors scooped up some bargains. Energy, techs and financials gained, while retail stocks were one of the weakest links after a downgrade on the sector.
Tired of waiting for spending to rebound on its own, retailers are taking matters into their own hands. From loans to shoppers or discounts for credit card holders, shops entice wary consumers to spend, the New York Times reports.
In the first half of the year when China stocks moved, raw materials moved in unison 80% of the time. Does that mean you should run for the exits? Not necessarily.
Stocks retreated Monday afternoon as a China-fueled rally petered out. Alcoa was still up sharply.
If executives were actually worried about a double-dip recession, then why are they starting to increase dividends?
Confidence is returning quickly to U.S. consumers, said Bruce Rockowitz, president of Li & Fung, one of the world's largest suppliers for major brands and retailers.
The company and the Consumer Product Safety Commission say no injuries have been reported yet but urge consumers to stop using the belts and return them for a full refund through the voluntary recall program
Something investors in Amazon must be asking themselves: Has the Apple iPad caused the Kindle to rapidly fall into obsolescence and, if so, how will that impact the company’s second quarter results?
Recent college grads are facing a tough job market again this year, but some companies and organizations plan to hire a good amount of entry-level workers in 2010.
It’s only a matter of time, Cramer says.
Plus, get the best trades on this most recent run in retail.