Retail stocks fell 1 percent on Wall Street today with J.C. Penney Co. Inc. and Amazon.com weighing on the sector.
The S&P 500 Retailing Industry Group fell 6.70 points to 636.71 points, as the Dow Jones Industrial Average fell a milder 0.2 percent, or 25.19 points, to 13,077.34 following a dour assessment of the economy from the Federal Reserve.
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)