Retail

Wayfair reported its most recent quarterly results before the opening bell on Tuesday, including a better than expected net loss.
Chris Lange
J.C. Penney, Gap and Macy's are all on the ropes. Together they employ more than 340,000 people, and their fates depend on how long the economy is shut down.
Douglas A. McIntyre
Over the next two months, Macy’s Inc (NYSE: M) will open all 775 of its stores. This includes its Bluemercury outlets. The company’s CEO Jeff Gennette says he does not know how many...
Douglas A. McIntyre
NASCAR will restart its race schedule on May 17 with a 400-mile race at Darlington Raceway. The track holds 47,100 fans. The seats will be empty as protection against the spread of COVID-19. What...
Douglas A. McIntyre
Amazon's management faces what could be an insurmountable enemy: illnesses among its own workers and their desire to be protected from illness.
Douglas A. McIntyre
Just like the coronavirus affects people weakened by chronic health problems, the pandemic also has a more profound effect on companies that are financially weak. J.C. Penney continues to mull a...
Paul Ausick
A report that J.C. Penney is discussing debtor-in-possession financing with a group of lenders has led to a wave of selling for an already-decimated stock.
Paul Ausick
Mega-retailer Target said Thursday that online sales are booming, while store sales have been hurt by lockdowns related to COVID-19. But robust sales are challenging margins.
Paul Ausick
Private equity firm Sycamore Partners has filed suit to nullify its agreement to acquire a controlling stake in the Victoria's Secret brand from L Brands.
Paul Ausick
During the peak of the panic selling just a month ago, many investors were in the midst of bracing for the bear market to turn into a full blown stock market crash. There were fears that the window...
Jon C. Ogg
Retailer Macy's is reportedly considering issuing new debt backed by some of its owned real estate. How that property will be valued could mean the difference between survival and extinction for the...
Paul Ausick
In the strongest months as the economy recovered from the Great Recession, America added between 150,00 and 350,000 jobs a month, according to the BLS. In an average month, that number was closer to...
Douglas A. McIntyre
Bed Bath & Beyond stock soared after the retailer reported its fiscal fourth-quarter financial results.
Chris Lange
It is no secret that the economy is in a tailspin due to the impact of the COVID-19 pandemic, but sometimes the economic numbers are shocking when they are released, even when the public is braced...
Jon C. Ogg
J.C. Penney has reportedly hired advisers who specialize in reorganizing the finances of a struggling company. The venerable retailer may be unable to avoid bankruptcy protection, according to some...
Paul Ausick