Retail shares ended a two-day winning streak with a 2 percent decline Monday as a group of Citi analysts forecast a tough back-to-school season, although one with some potential upside.
Comparable-store sales at broadline retailers are forecast to fall 3 to 4 percent for August and September combined — a significant drop from the 0.9 percent b-t-s rise last year and the 10-year average increase of 4.3 percent, said Citi analyst Deborah Weinswig on a conference call with fellow Citi analysts Kimberly Greenberger and Kate McShane.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)