Specialty stores sustained the worst damage as retail stocks took another beating Monday, their fifth day of decline in the last six sessions.
The Standard & Poor’s Retail Index closed at 239.98, off 6.6 points, or 2.7 percent. The drop was slightly greater than the major indices. The Dow Jones Industrial Average lost 223.73 points, or 2.6 percent, and the S&P 500 was down 22.54 points, also 2.6 percent, to 850.75.
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)