Retail stocks slid 1.4 percent on Tuesday, as Target Corp. and The TJX Cos. Inc. took a cautious stance toward the holiday season even as they posted improved third-quarter profits compared with a year ago.
The S&P Retail Index fell 5.64 points to 404.23. The Dow Jones Industrial Average gained for the third consecutive day, rising 0.3 percent, or 30.46 points, to 10,437.42, the highest level in 13 months. Shares of Target dropped 3 percent to $48.77 and TJX dipped 1.5 percent to $38.91.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"