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| January 24, 2018

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Retailers Archives -

Retailers try luring shoppers with food

January 17, 2018 |

Retailer Mark Werts was dining in a Hong Kong restaurant a few years ago when he noticed most people were doing more than chewing.

“Of about 130 people, 129 people were on their phones,” said Werts, who owns the brands American Rag Cie clothing and Maison Midi home goods. “So it struck me that…


L.A. Times – Business

Stocks keep jumping, led by retailers

January 13, 2018 |

Rising retailers pushed U.S. stock indexes further into record territory Friday, as the market’s fabulous start to 2018 carried through its second week.

Interest rates also climbed after a report showed that a key component of inflation accelerated last month. But stocks absorbed the gains without…


L.A. Times – Business

Banks, Retailers Lead Stock Gains

January 12, 2018 |

Rising retailers pushed stocks further into record territory Friday on Wall Street, the AP reports. The Standard & Poor’s 500 closed out its seventh week of gains in the last eight. .Bond yields rose following a report that inflation rose more than expected last month. The yield on the two-year…
Newser

Stocks open slightly lower; several retailers climb

January 8, 2018 |

Stock indexes opened slightly lower on Wall Street on Monday as losses in banks and healthcare stocks outweighed gains in other sectors.

Drugmaker AbbVie was down 1.9% in early trading, one of the biggest losses in the Standard & Poor’s 500 index. Bank of America was down about 1%.

Several retailers…


L.A. Times – Business

Retailers Offer Myriad Returns Options to Retain Customers

December 27, 2017 |

After a strong holiday shopping season, retailers are bracing for a flood of returns—and not just at the customer service counter.
WSJ.com: US Business

Retailers scramble to please the #samedaydelivery shopper

December 18, 2017 |

This holiday season, as giant shipping operations once again struggle to handle the e-commerce explosion, some mall retailers have found a surprising way to compete: same-day delivery.

Last week, Target Corp. said it would pay $ 550 million for Shipt, a fast-growing firm based in Birmingham, Ala.,…


L.A. Times – Business

Stocks slip; retailers and media companies slump

October 12, 2017 |

U.S. stocks were slipping in early trading Thursday as retailers and communications and media companies declined. Women’s clothing retailer J. Jill was tumbling after it slashed its forecast for the third quarter. AT&T was falling after it said it expects to lose DirecTV subscribers, while cable…


L.A. Times – Business

Stocks rise to new records, lifted by banks and retailers

September 13, 2017 |

U.S. stocks reached record highs Tuesday as banks kept rising and retailers climbed after some encouraging job data.

It was the second straight day that bank stocks made big gains as bond yields pushed higher, which enables banks to charge higher rates on loans. Retailers rose after the Labor Department…


L.A. Times – Business

Big Food Faces Pressure From Retailers Demanding Discounts

August 31, 2017 |

Packaged-food companies have been struggling with declining sales as shoppers shift from older brands to options perceived as healthier. Now retailers are adding to the companies’ woes.
WSJ.com: US Business

Stocks eke out gain after retailers post stronger-than-expected earnings

August 17, 2017 |

U.S. stocks rose slightly Wednesday as Urban Outfitters and Target helped retailers rally. That was enough to overcome losses by energy companies and market turbulence stirred up by the controversy over President Trump’s manufacturing council.

Urban Outfitters and Target did better in the second…


L.A. Times – Business