Following Lululemon's announcement that it expects a yoga pant shortage and a "significant impact" on its financial results due to a see-through pant recall, the stock posted its worst three-day loss since August.
West Coast, best coast? Not so, says the thriving New York City startup scene. During the past decade, the Big Apple has emerged as a top tech center for new companies and a hotbed for angel and venture capital funding.
Following the recent jump in Best Buy's stock price, Piper Jaffray upgraded the company's shares to "overweight" in a report that de-emphasized "showrooming" as a threat to the consumer electronics retailer.
Despite poor weather and consumer spending headwinds, retail same-store sales gained momentum as February progressed. Still, one analyst sees a challenging environment.
As the courtroom battle between department stores Macy's and J.C. Penney continues, Martha Stewart will win no matter what, said the former chairman of Martha Stewart Living Omnimedia.
Retail lost 24,000 jobs in March. What can be done to encourage job growth and investment in the sector? Stacey Widlitz, S.W. Retail Advisors president, discusses. Also, CNBC's Courtney Reagan reports on whether JC Penney's turnaround strategy will work for the retailer.