NEW YORK — With the exception of J.C. Penney Co. Inc.’s out-of-the-ballpark expectations for October same-store sales, most stores are trending within their modest plans.
Shares of retailers, though, had a tough day on the equity markets. The Standard & Poor’s retail index dropped 6.39 points, or 2.2 percent, to close at 290.60 Monday. This compared with the broader S&P 500, which was off 7.43 points, or 0.8 percent, at 890.22 and the Dow Jones Industrial Average, which slid 75.95 points, or 0.9 percent, to 8,368.04.
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)