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| November 18, 2017

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Retailers Archives -

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

Slumping Retailers Lead US Stocks Lower

June 6, 2017 |

Disappointing results from several retailers led US stock indexes lower on Wall Street, the AP reports. Macy’s fell sharply Tuesday after warning that its profit margins could be weaker than the company had forecast earlier. Michael’s, Conn’s, Casey’s General Stores and Fred’s also dropped. Banks and other financial companies also…
Newser

Retailers lead stocks higher; Best Buy jumps

May 25, 2017 |

A strong batch of earnings from retailers including Best Buy is sending stock prices higher in early trading on Wall Street.

Best Buy soared 12% early Thursday after reporting earnings and sales that came in well ahead of what analysts were expecting.

Williams-Sonoma gained 3.9%. PVH, which owns…


L.A. Times – Business

Stocks wobble; energy companies and retailers rise

April 6, 2017 |

U.S. stocks are wavering Thursday morning after a sharp drop late in the previous day. Energy companies are rising with the price of oil, and retailers are up after a series of strong sales reports. Later, President Trump and his Chinese counterpart, Xi Jinping, will start a two-day meeting.

KEEPING…


L.A. Times – Business

Fashion brands — including several L.A. retailers — are dying off as consumer habits change

March 20, 2017 |

American Apparel bit the dust. So did Nasty Gal. BCBG Max Azria filed for bankruptcy, along with teen retailer Wet Seal.

The fashion industry has long been a fickle beast, with trends rising and dying sometimes in the space of weeks. But changing consumer habits — including the emergence of e-commerce…


L.A. Times – Business

Shopping habits are changing, and teen-oriented retailers like Wet Seal are among the casualties

January 28, 2017 |

Orange County’s Wet Seal Inc. has apparently become the latest retailer to close its doors for good in a spate of mall-shop shutdowns. 

The teen-oriented retailer filed a notice with the state on Jan. 20 that it was firing 148 employees in Irvine, where it is headquartered, in what it described…


L.A. Times – Business

Retailers lead U.S. stocks mostly lower; Target slumps 5%

January 18, 2017 |

Stocks opened mostly lower on Wall Street on Wednesday, led by declines in retailers after Target cut its profit and sales projections.

Target slumped 5% in early trading after saying its holiday season sales were weak. Other retailers also fell. Kohl’s slumped 4%, and Macy’s and Dollar Tree each…


L.A. Times – Business