Between the end of 2009 and this July e-commerce doubled its share of the retail pie and while overall sales have risen a cumulative 31 percent, depar..
Americans are spending less and less at the malls, preferring to shop online. As a result, many US department stores are facing bankruptcy and closure.
Online shopping and widespread discounting have shrunk profit margins and increased store closures, such as that of Aeropostale
By Tanya Agrawal and Yashaswini Swamynathan May 13 (Reuters) - The S&P and Dow were struggling for direction on Friday as investors digested strong April ret...
By Tanya Agrawal and Yashaswini Swamynathan May 13 (Reuters) - U.S. stocks were lower on Friday afternoon as a decline in oil prices added to the pressure fr...
NEW YORK (Reuters) - The U.S. dollar rose to a more than two-week high against a basket of currencies on Friday following strong U.S. economic data, putting pressure on oil prices, which fell after three
Stocks wrapped up a week of fluctuations on a lower note as continued weakness from retailers dampened sentiment. Reports from Nordstrom (-13.3%) and Dilla
A late slump Friday pulled U.S. stocks to their third straight weekly loss. Companies that make clothing, food and household goods dropped on more bad news from retailers, and energy companies fell with the price of oil.
U.S. stocks are skidding Friday afternoon and heading for their third straight week of losses. Companies that make clothing, food and household goods are falling as retailers continue to report plunging first-quarter sales. Energy companies ...
NEW YORK (AFP) - Retailer, banks and energy shares were among the biggest losers on Friday as US stocks closed a choppy week of trade sharply lower.. Read more at straitstimes.com.
NEW YORK: U.S. stocks fell on Friday as a decline in oil prices added to pressure from consumer companies after gloomy quarterly reports from Nordstrom and J.C. Penney overshadowed upbeat April retail sales data.