Investors struggled to find their footing Thursday and pushed retail shares down 0.1 percent as concerns about Washington’s bailout for banks outweighed news that January retail and food service sales rose a seasonally adjusted 1 percent from their poor showing in December.
Nearly coming back from larger declines earlier in the day, the S&P Retail Index dipped 0.21 points to 267 as the Dow Jones Industrial Average slid 0.1 percent, or 6.77 points, to 7,932.76.
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)