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Barneys New York evaluating restructuring options
News 9 hours ago
Barneys New York evaluating restructuring options

Barneys New York may soon join the ever lengthening list of retail stores seeking protection in bankruptcy. The luxury clothing company, faced with...

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US retail sales rise 0.4% in June in sign of consumer health
News 14 hours ago
US retail sales rise 0.4% in June in sign of consumer health

U. S. retail sales rose at a solid pace last month, providing crucial support to the economy at a time when other drivers of growth have faded. The...

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A glance at US mortgage rates: 30-year loan steady at 3.75%
News 5 days ago
A glance at US mortgage rates: 30-year loan steady at 3.75%

U. S. long-term mortgage rates were little changed this week. The key 30-year, fixed-rate loan held steady at 3.75%....

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Secondhand fashion site The RealReal shares rise in debut
News 2 weeks ago
Secondhand fashion site The RealReal shares rise in debut

Shares of The RealReal jumped on their first day of trading Friday, as the secondhand-fashion online retailer tests investors' appetite for the...

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A glance at US mortgage rates: lower, 30-year loan at 3.73%
News 2 weeks ago
A glance at US mortgage rates: lower, 30-year loan at 3.73%

U. S. long-term mortgage rates fell this week. It was the seventh decline in the past nine weeks for the key 30-year, fixed-rate loan, which...

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Cut-rate prices online: shoppers' win, businesses lose
News 2 weeks ago
Cut-rate prices online: shoppers' win, businesses lose

A bride-to-be looking for a gown online can find dresses with trains and lace for well under $300. Go into a local bridal shop, and the average...

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Eldorado buying Caesars in $17.3B cash-and-stock deal
News 3 weeks ago
Eldorado buying Caesars in $17.3B cash-and-stock deal

A casino juggernaut was formed Monday when Eldorado Resorts announced it is buying Caesars in a cash-and-stock deal valued at $17.3 billion. The...

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A glance at US mortgage rates: little changed; 30-year 3.84%
News 3 weeks ago
A glance at US mortgage rates: little changed; 30-year 3.84%

Long-term U. S. mortgage rates were little changed this week. The key 30-year, fixed-rate loan hovered around an average 3.8% for the third...

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US long-term mortgage rates little changed; 30-year at 3.84%
News 3 weeks ago
US long-term mortgage rates little changed; 30-year at 3.84%

U. S. long-term mortgage rates were little changed this week. The key 30-year, fixed-rate loan hovered around an average 3.8% for the third...

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US retail sales rose 0.5% in May, led by online shopping
News 1 month ago
US retail sales rose 0.5% in May, led by online shopping

Americans stepped up their retail spending last month, a sign that recent worries about cautious consumers dragging on growth may have been...

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A glance at US mortgage rates: little changed; 30-year 3.82%
News 1 month ago
A glance at US mortgage rates: little changed; 30-year 3.82%

Long-term U. S. mortgage rates were little changed this week, after six straight weeks of declines putting them at historically low levels....

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Hudson's Bay executive leads bid to take retailer private
News 1 month ago
Hudson's Bay executive leads bid to take retailer private

A group of shareholders of Saks Fifth Avenue's parent is making an offer to take the struggling department store chain private. The offer,...

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A glance at US mortgage rates: down for 6th straight week
News 1 month ago
A glance at US mortgage rates: down for 6th straight week

Long-term U. S. mortgage rates fell for the sixth consecutive week, with the key 30-year loan rate at its lowest point since September 2017....

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A glance at US mortgage rates: down for 5th straight week
News 1 month ago
A glance at US mortgage rates: down for 5th straight week

Long-term US mortgage rates fell for the fifth consecutive week, tipping the key 30-year loan average below 4% for the first time in nearly a year...

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US long-term mortgage rates fall; 30-year average below 4%
News 1 month ago
US long-term mortgage rates fall; 30-year average below 4%

U. S. long-term mortgage rates fell for the fifth consecutive week, tipping the key 30-year loan average below 4% for the first time in nearly a...

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US-China trade dispute weighing on retail sector
News 1 month ago
US-China trade dispute weighing on retail sector

Pres. Trump on U. S.-China trade war: 'We're in a very strong position' Pressure from the trade dispute between the U. S. and China is weighing on...

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A glance at US mortgage rates down slightly this week
News 1 month ago
A glance at US mortgage rates down slightly this week

Long-term US mortgage rates fell slightly this week, marking a fourth straight week of declines to lure prospective purchasers in the spring...

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Dressbarn expects to have all its stores shut in early 2020
News 1 month ago
Dressbarn expects to have all its stores shut in early 2020

Dressbarn says it expects to have all its 650 stores closed in the first half of 2020. The women's clothing chain announced earlier this week that...

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Retailers, shoppers could feel more pain if tariffs spread
News 1 month ago
Retailers, shoppers could feel more pain if tariffs spread

An escalating trade war between the U. S. and China could mean higher prices on a broad array of products from toys to clothing. But some retailers...

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Target is dominating in the digital space
News 1 month ago
Target is dominating in the digital space

An aggressive campaign at Target to let customers do more online is paying off. The retailer exceeded first quarter expectations on just about...

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J.C Penney and Kohl's struggle in fiscal 1st quarter
News 1 month ago
J.C Penney and Kohl's struggle in fiscal 1st quarter

J. C. Penney and Kohl's struggled during the start of the year, raising concern about the challenges for the department store industry ahead....

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A glance at US mortgage rates down slightly this week
News 2 months ago
A glance at US mortgage rates down slightly this week

Long-term U.S. mortgage rates fell slightly this week, marking a third straight week of declines as a continued inducement to purchasers during the...

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US retail sales slipped 0.2% in April
News 2 months ago
US retail sales slipped 0.2% in April

U. S. retail sales declined last month, as Americans cut back their spending on clothes, appliances, and home and garden supplies. Sales dropped 0...

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Macy's tops 1Q estimates and comparable sales
News 2 months ago
Macy's tops 1Q estimates and comparable sales

Macy's put up its sixth consecutive quarter of increases in comparable store sales fueled by its robust online business. The department store chain...

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Walmart ups the delivery game with next day shipping
News 2 months ago
Walmart ups the delivery game with next day shipping

Walmart is rolling out next-day delivery on its most popular items, increasing the stakes in the retail shipping wars. The nation's largest...

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A glance at US mortgage rates
News 2 months ago
A glance at US mortgage rates

Long-term U.S. mortgage rates declined this week for a second straight week, reversing the upward trend in April as a lure to potential home buyers...

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Are retail jobs in a funk? It's complicated
News 2 months ago
Are retail jobs in a funk? It's complicated

The overall economy is adding jobs, but there's one spot that appears to be in a funk: retail. Overall, U. S. employers added 263,000 jobs in April...

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A glance at US mortgage rates
News 2 months ago
A glance at US mortgage rates

Long-term U. S. mortgage rates fell this week after four weeks of increases, giving a boost to prospective home buyers during the spring sales...

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Starbucks raises 2019 profit outlook after earnings beat
News 2 months ago
Starbucks raises 2019 profit outlook after earnings beat

Starbucks Corp. is raising its profit outlook for 2019 after better-than-expected results in its most recent quarter. The Seattle-based coffee...

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A glance at US mortgage rates
News 2 months ago
A glance at US mortgage rates

Long-term U. S. mortgage rates rose this week for the fourth straight week, though they remain historically low as a spur to home sales in the...

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