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American Eagle Says First-Quarter Sales on Pace to Top $1 Billion as Shoppers Stock Up on Jeans and Shirts
American Eagle Outfitters said its fiscal first-quarter revenue is on track to top $1 billion, thanks to strength at its namesake banner as well as Aerie.
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Target Says It Will Spend More Than $2 Billion With Black-Owned Businesses by 2025
Target joins a growing list of retailers that have made commitments to work with more Black-owned businesses and carry more of their merchandise.
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Beauty and Bargain Retail Could Be the Biggest Winners in 2021, Wells Fargo Predicts
Beauty and bargain retail are poised to be the biggest winners in 2021 as consumers return to stores and socializing, according to a new survey by Wells Fargo.
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These Five S&P 500 Stocks Have Crossed Into Overbought Territory, But One Could Still Have Upside
As the S&P 500 hits record highs, some of its stocks have moved into overbought territory. Todd Gordon of TradingAnalysis.com says one could still have upside.
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Walmart Taps Designer, Project Runway Judge Brandon Maxwell to Elevate Its Fashion Labels
The big-box retailer has bought apparel brands and launched its own, but it is still better known for low prices than high fashion.
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Activist Investor Group Says Kohl's Earnings Show ‘Best of Worst' in Retail, Urges Change
The group of activists looking to seize control of Kohl’s board published a letter saying the retailer’s latest quarterly financial results were lackluster.
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Gap Forecasts Return to Sales Growth in 2021, Sending Shares Higher Despite Sales Miss
Gap Inc. is calling for a bounce back to sales growth in 2021, hopeful that customers will soon return to its stores and spend more money on apparel.
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Gap to Invest $140 Million to Build Texas Warehouse as Online Sales Swell
The Longview, Texas, warehouse will be able to process 1 million packages per day as Gap tries to double its online business over the next two years.
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Why Walmart's CEO Says Americans Urgently Need Another Stimulus Check
Walmart CEO Doug McMillon said more customers spent their recent stimulus checks on necessities, such as groceries.
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Biden and Yellen Met With CEOs of JPMorgan, Walmart, Gap to Talk Stimulus
Among those at the meeting with Biden and Treasury Secretary Yellen were JPMorgan’s Jamie Dimon and Walmart’s Doug McMillon.
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London's Iconic Oxford Street Is Rethinking Retail as It Deals With Covid-Fueled Closures
Main street is experiencing significant change as retailers close stores, customers move online and leisure activities take up more of our time.
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Ulta Beauty to Double Black-Owned Brands in Its Stores, Feature More Black Women in Ads
The retailer plans to invest $25 million in the initiative, which will celebrate and highlight Black women in ads and TV commercials.
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Retail Rents Tumble to Historic Lows in New York City Amid Bankruptcies and Store Vacancies
Rents for retail space in New York City have skid to historic lows, dropping as much as 25% from 2019 levels, according to a new report.
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These Five Stocks Priced at Less Than $25 Have Outperformed the Market This Quarter
In the spirit of the holiday, two traders analyze five stocking stuffers: Stocks that cost less than $25 and have outperformed the market this quarter.
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What to Watch Today: Stock Futures Little Changed After Another S&P 500 Record
U.S. stock futures were steady Thursday morning, one day after the S&P 500 closed at another record.
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Two High-Momentum Stocks to Buy and One to Sell After S&P 500's Impressive Month, According to Traders
The S&P 500’s impressive run this month has pushed some stocks well above their longer-term trend. Two traders share their top picks and which to avoid.
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UPS Places Shipping Limits on Some Retailers as Holiday Shopping Heats Up, Report Says
The move comes as retailers push up the start of the holiday shopping season this year because of the Covid-19 pandemic.
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Under Armour Launches a Brand With NBA Star Steph Curry to Better Compete With Nike's Jordan
Under Armour announced its official launch of the Curry Brand with NBA star Stephen Curry, in a bid to reach more younger consumers and compete with Nike.
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What to Watch Today: Dow to Fall Slightly After Closing Above 30,000 for First Time
Stock futures were relatively flat after record closes for the Dow and S&P 500.
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Stocks Making the Biggest Moves After Hours: Gap, Nordstrom, Dell Technologies & More
These are the stocks posting the largest moves after hours on Tuesday, Nov. 24.