Wet Seal filed for bankruptcy protection late, a week after the struggling apparel retailer laid off 3,700 employees and closed 338 stores.» Read More
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Students may be back in the classroom, but the back-to-school shopping season has not winded down yet. It comes as more and more parents do their shopping in piecemeal. The late trips to the mall may be a function of the struggling economy, but not all of it.
Stocks plunged sharply Thursday, with the Dow down more than 500 points, in its worst one-day decline since December 2008. All three major averages tumbled into negative territory for the year as investors were rattled over an intensifying global economic slowdown and ahead of the widely-followed monthly unemployment report.
U.S. futures, sideways overnight, wilted at 3 a.m. ET...about the time Europe opened. Coincidence? I don't think so.
Hilary Kramer is urging investors to look at these 3 retail stocks even though conventional wisdom is leading investors away from the sector.
As retailers gear up to report monthly same-store sales Thursday, analysts are expecting March to be a challenging month with the late arrival of Easter and rising gas prices.
Despite storms and rising gasoline prices, many retailers reportedly monthly sales managed to top analysts' estimates, but some warned of a weaker March due the timing of the Easter holiday.
Fears that winter weather would result in disappointing retail sales may have been overblown, as several retailers have not only reported better-than-expected monthly sales reports, they are also raising fourth-quarter earnings estimates.
The preppy style is making a comeback, but before you go digging through your father's polos and grabbing your grandmother's pearls, know that this time around "picnic chic" has some new twists. From the stylings of the classic prep outlined in "True Prep"—Lisa Birnbach's updated version of the guide, "The Official Preppy Handbook"—to the "urban graduate" epitomized by Russell Simmons' Argyleculture clothing line to UrbanOutfitters' "vintage preppy" hipsters, preppy is truly an adaptive trend.
The traders suggest keeping a close eye on the retailers after JCrew confirmed reports that it is being bought by a pair of private equity groups.
A late burst of back-to-school shopping helped many U.S. retail chains to top analysts' estimates in September.
Analysts are expecting retailers to post higher same-store sales in May, but with trends showing some signs of consumer spending weakening from the start of the year, investors are grappling with the bigger question regarding the state of the consumer.
What follows is a roundup of corporate earnings reports for Thursday, Nov. 19.
October retail sales generally positive, not as robust as last month, but we don't have the back to school stimulus that we had last month.
Stock futures are up modestly on better-than-expected jobless claims data and Alcoa’s smaller-than-expected loss.
Consumers enticed by warmer weather and glimmers of hope for the economy bought a few more items in April, helping discounter Wal-Mart Stores and many mall clothing chains post better results for the month than expected.
No additional stimulus from China? The Street was excited yesterday on talk that China would announce additional stimulus measures today, but the Chinese premier did not offer any additional stimulus details during the opening session of the National People's Congress.
From rings on QVC to toys on Amazon, retailers are increasingly using video to sell their products on the Web. But today's Web videos are going far beyond product demos: Can we interest you in a virtual salesperson or a zombie video?!
Early July sales results from retailers have been disappointing, with many falling short of analyst estimates. It also appears that the benefit from tax rebate checks is beginning to wane.
Retailers, including Wal-Mart Stores, are posting solid same-store sales growth in June, as expected, as seasonal weather and tax rebate checks helped get consumers to the store.