Over a quarter of consumers say they'll spend more on gifts than they did last year. Among millennials, that share is 41 percent. » Read More
By: Elizabeth Gurdus
Jim Cramer points to the action in retail stocks as a sign that the economic windfall from the U.S.-China trade spat won't affect U.S. consumers as much as people think. » Read More |
By: Lauren Thomas
Retail sales are expected to grow between 5 and 5.6 percent from a year ago, according to Deloitte's annual retail sales forecast for the holiday season. » Read More |
By: Lauren Thomas
Retailers are rolling out holiday shopping season merchandise earlier and earlier. » Read More |
Macy's is also adding more technology, like virtual reality headsets, to its stores ahead of the holidays.
Sears has watched its shares fall more than 80 percent from a year ago, trading around $1.21 and bringing the retailer's market cap to less than $150 million.
Retailers need to pay attention to younger shoppers and where they're spending money, because those destinations are constantly changing.
Nike tapped Colin Kaepernick for its latest ad campaign. Kaepernick has become a polarizing figure in the sports universe ever since he decided not to stand for the national anthem to protest racial injustice.
The news overshadows a beat on earnings and revenue for the second quarter.
Parents will spend an average of $510 per household during back-to-school shopping, a Deloitte survey finds.
The investor reaction to Macy's and Walmart's earnings this week — both exceptionally good — was unexpected. Walmart shares soared by more than 9 percent, while Macy's went into an almost free fall. Here's why.
There are only two dozen female CEOs among the S&P 500 companies today.
Seritage says it already used part of the money to repay an outstanding mortgage loan and unsecured term loan.
The president's daughter is hoping to avoid criticism over potential conflicts of interest in the future and focus on her role in Washington.
The department store chain also reaffirms its previous financial outlook for fiscal 2018.
The company, founded by actress Kate Hudson, said it's "rapidly surpassed $300 million in annual revenue" after being in business for five years.
The department store chain is holding a meeting with analysts in Los Angeles this week.
The news comes as retailers such as Toys R Us and Bon-Ton have filed for bankruptcy and shuttered hundreds of locations.
Cowen and Co. downgraded Nordstrom's shares as same-store sales at the upscale retailer's brick-and-mortar stores decline and its discount division, Nordstrom Rack, faces pressure.
Kate Spade's simple yet fun design sensibility and quirky all-American style leaves an indelible mark on fashion, according to the CEO of Bloomingdale's and others, defying her tragic end.
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