Shares of J.C. Penney Co. Inc. soared in the aftermath of a better-than-expected fourth-quarter results as retail shares managed small gains.
The S&P 500 Retailing Industry Group was up 0.1 percent to 934.32, padding its winning streak to six sessions. The Dow Jones Industrial Average and S&P 500 both ended with 0.5 percent increases, to 16,272.65 and 1,854.29, respectively.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)