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Nordstrom shares jump after earnings beat estimates
News 4 months ago
Nordstrom shares jump after earnings beat estimates

Nordstrom has not been able to escape the broader sales decline among many department stores. Nordstrom's board declined a proposal to allow co...

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Macy's blames sluggish sales on weak shopping malls
News 4 months ago
Macy's blames sluggish sales on weak shopping malls

Macy's said its stores at weaker U. S. shopping malls were hurt by slower foot traffic during the latest quarter, leading to a steeper-than...

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Retailers such as Kohl's are 'in trouble' without better digital presence or bargains, Jim Cramer says
News 4 months ago
Retailers such as Kohl's are 'in trouble' without better digital presence or bargains, Jim Cramer says

"If you're not offering a great digital experience or nearly unbeatable bargains... you are in trouble," CNBC's Jim Cramer says of retailers. He...

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Here's what heavy discounts in September mean for retailers this holiday season
News 4 months ago
Here's what heavy discounts in September mean for retailers this holiday season

The sharp selloff of retail stocks Tuesday sends a powerful signal: Investors are worried the deep discounts that battered Kohl's latest earnings...

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As retailers gear up for earnings, experts look to unexpected areas of the market for gains
News 4 months ago
As retailers gear up for earnings, experts look to unexpected areas of the market for gains

It's a big week for retail. Big names like Walmart, J. C. Penney and Burberry are gearing up to deliver their quarterly reports this week, hot off...

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Sears owner gets $250 million lifeline, says it will shut another 96 stores
News 4 months ago
Sears owner gets $250 million lifeline, says it will shut another 96 stores

As the holiday season approaches, the parent company of Sears and Kmart has secured a $250 million lifeline and announced plans on Thursday to shut...

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Kohl's, Macy's turn to pop-up shops and Instagram-worthy displays to try to win the holidays
News 4 months ago
Kohl's, Macy's turn to pop-up shops and Instagram-worthy displays to try to win the holidays

Kohl's will have a holiday pop-up shop in New York this weekend, while Macy's Story spaces have a fresh holiday theme. Retailers, in a bid to win...

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More people are going to the mall to eat at the food court, not shop, UBS says
News 4 months ago
More people are going to the mall to eat at the food court, not shop, UBS says

More and more people are going to the mall to eat at the food court, not to buy clothes, according to a survey from UBS. The investment bank said...

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Barneys store liquidation sales to begin as soon as bankruptcy deal closes, private sales start next week
News 4 months ago
Barneys store liquidation sales to begin as soon as bankruptcy deal closes, private sales start next week

Store liquidation sales at Barneys New York will begin soon, according to a release issued Friday. Private sales will begin next week for Barneys' ...

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Price wars and e-commerce investment to weigh on retailer profits, Moody's says
News 4 months ago
Price wars and e-commerce investment to weigh on retailer profits, Moody's says

Intense competition for market share and the cost of integrating e-commerce with brick-and-mortar stores has driven Moody's Investors Service to...

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