It is difficult to overstate the crisis the American consumer faced at the onset of the Great Recession. Yet somehow over the past six years real household consumption managed to grow at an annual rate of 2.2 percent.
— May 25, 2015
The tech sector that stole the IPO buzz from fashion companies in 2014 is on track to do it again this year.
— May 23, 2015
In the consumer and retail space, the list of top 50 cash hoarders included Walgreens Boots Alliance Inc., Procter & Gamble, and Wal-Mart Stores Inc.
Robert Mettler and second independent director to join retailer’s board.
— May 22, 2015
Fashion and luxury stocks were uneven in morning trading on Friday.
The luxury group saw a 35.4 percent fall in net profit last year.
Baozun and Shopify each had their IPO day.
— May 21, 2015
The company priced its shares at $10 each Wednesday night.
Comparable sales gain of 4.8 percent includes e-commerce expansion.
Buckle Inc. delivered a 10 percent profit decline on sales that fell 0.1 percent for the first quarter.