A retail rally helped spur broad gains in U.S. stock markets Thursday after stores turned in June comps results that bested low expectations.
Wal-Mart, a component of the Dow Jones Industrial Average, posted better-than-expected same-store sales for the first time since March and reiterated its second-quarter earnings guidance range. The company said surveys showed consumers continued to struggle financially and higher gas prices were their greatest concern.
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)