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JC Penney's Response To The 'Great Apparel Slump'
Wednesday, April 12, 2017 - 11:46am | 383Read More...Retailers and department stores are struggling in the "great apparel slump," but that doesn't mean companies are going down without a fight, according to a CNBC report. For example, struggling department store J C Penney Company Inc (NYSE: JCP) has opened up its showrooms to...
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Yet Another Sign Of Amazon's Dominance Over Retail
Saturday, March 11, 2017 - 10:53am | 372Read More...Investors looking for further justification that Amazon.com, Inc. (NASDAQ: AMZN) is hurting traditional retail will find the latest statistic very interesting. According to data compiled by Recode, Amazon commanded the No. 1 spot in total market share of online apparel sales among millenials....
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MasterCard Says Holiday Retail Sales Grew A 'Solid' 7.9%, Women's Apparel A Big Seller
Monday, December 28, 2015 - 2:23pm | 157Read More...According to Mastercard Inc (NYSE: MA), retail sales (excluding auto and gas) grew 7.9 percent during the period of Black Friday to Christmas Eve. MasterCard SpendingPulse data showed that apparel sales saw a high single-digit growth during the holiday period and women's apparel sales rose...
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Mizuho Turns Positive On Kate Spade, Notes Strong Holiday Conversion
Friday, January 23, 2015 - 9:31am | 236Read More...Betty Chen of Mizuho Securities on Friday upgraded shares of Kate Spade & Co (NYSE: KATE) to Buy from Neutral with a price target raised to $33 from a previous $28 following an online survey of more than 400 U.S. consumers. Chen notes that over 48 percent of those surveyed indicated...
