Retailers specializing in off-price merchandise are positioned to win as investors shun fashion risk and look for quality, Oliver Chen tells CNBC.» Read More
TJX, which operates the T.J. Maxx and Marshalls stores, says third-quarter profit slipped 5 percent as unfavorable exchange rates and a tough economy crimped results for the discount fashion retailer.
Stock index futures pointed a slightly weaker open Tuesday as the positive effect of China's stimulus package gave way to renewed fears about the strength of the global economy.
Like anxious relatives in a hospital room, investors have been watching the economy get sicker and sicker with new symptoms surfacing daily.
For investors, the phrase "holiday shopping" takes on new meaning this year. JPMorgan's Brian Tunick names some retail stocks that might bring holiday cheer.
Retailers are reporting some of the weakest sales in more than a decade as consumer spending dried up in October amid the uncertainty brought on by the financial crisis and mounting layoffs.
U.S. retail chains may report some of their worst monthly sales results this week as the global financial crisis leaves its mark on ordinary consumers, casting new doubt on holiday season sales.
With more shoppers opting for paper over plastic - cash over credit cards, that is - Kmart is reminding consumers that it offers layaway service.
The issues are: 1) forced selling & redemptions in the last hour 2) continuing uncertainty in credit markets
S&P futures are up 19 points, and while many think this is because Treasury is actively shopping the idea they will take an ownership stake in U.S. banks, bear in mind that the market now routinely swings in 20 plus point ranges in a day, and often overnight, so futures up 15 is not even unusual any more.
Holiday sales are expected to grow at the slowest pace in six years as shoppers worry about jobs, the housing and stock markets and high gas and food prices, according to a forecast from the National Retail Federation being released Tuesday.
Yesterday, Kohl's and JC Penney reported August same store sales slightly better than expected. Today Wal-Mart, Target, Gap, American Eagle (reaffirms third quarter guidance), Pacific Sunwear all reported sales above expectations. However, department stores did not fare as well.
Yes, the stock took a hit on bad earnings. But Cramer's expecting a triumphant return.
Sean Kraus, senior vice president of Provident Investment Counsel, sees opportunities in retail, healthcare and technology.
Cramer makes the call on viewers' favorite stocks.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. The largest pure discount clothing retailer in the U.S., based out of Framingham, Mass has hundreds of stores, but it prides each one as ‘never the same place twice.’ Investors found its never the same stock twice, as shares rebounded today on strong second quarter results
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Stocks are likely to follow the dollar, commodities trade again Tuesday, with little economic news to drive direction early.
To give investors an edge, CNBC asked the experts for their best trades now.
Stocks could sprint higher into the coming week, as a strengthening dollar and declining commodities prices encourage buyers hoping for a reprieve from inflation.
Investors will get a glimpse of how much cash-strapped consumers are willing to spend in the key back-to-school shopping season when major U.S. retail chains release July sales results Thursday.