Financial

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Financial

The view outside Sears.

Shareholder Sues Sears Holdings Over Seritage REIT

A shareholders seeking class-action status has filed a lawsuit against Sears Holdings and Edward Lampert over the proposed REIT transaction.

Calvin Klein White Label RTW Fall 2015

Calvin Klein Pushes PVH Past Q1 Estimates

Shares move up after hours on earnings beat, guidance lift and share repurchase plan.

Consumer Spending Softens, Retail Shares Gain on Outlook

Despite bringing in higher earnings, consumers failed to spend their money in April and socked it away instead.

Consumer Spending Slumps in April

The S&P 500 Retailing Industry Group index shed 0.3 percent to 1,129 amid a report from the Commerce Department’s Bureau of Economic Analysis that showed weak consumer spending.

European Stock Markets Put On Uneven Show

Retail and luxury stocks were also mixed in morning trading on Monday.

Terry Lundgren

Strong Dollar: Good for Consumers, Bad for Stocks?

It seems counterintuitive (from a Western-centric perspective), but a strong dollar is often bad for business — at least if you’re a U.S. company with business overseas.

A Destination XL store.

Destination XL Cuts Loss, Exceeds Guidance

Stock up more than 8 percent as top and bottom lines exceed expectations.

Giorgio Armani RTW Fall 2015

Giorgio Armani Logs Another Year of Growth

In 2014, the Italian fashion group saw gains in profitability and revenues, boosted by growth at all brands.

Europe’s Markets Fall Again

Ongoing concerns over Greece’s debt situation weighed on investors.