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News & Analysis

J.C. Penney Ditches Home Appliances to Focus on Apparel

The company also plans to largely halt selling furniture, which will now only be available in select stores in Puerto Rico and on J.C. Penney websites.

News & Analysis

J.C. Penney Ditches Home Appliances to Focus on Apparel

The company also plans to largely halt selling furniture, which will now only be available in select stores in Puerto Rico and on J.C. Penney websites.


News & Analysis

J.C. Penney's Seeking Yet Another Leader After CEO's Abrupt Exit

Marvin Ellison was poached by home-improvement retailer Lowe’s, a surprise exit that sent J.C. Penney’s stock down to historic lows.

News & Analysis

J.C. Penney's Seeking Yet Another Leader After CEO's Abrupt Exit

Marvin Ellison was poached by home-improvement retailer Lowe’s, a surprise exit that sent J.C. Penney’s stock down to historic lows.


Retail

New Neiman Marcus CEO Faces Steep Challenge of Billions in Debt

Geoffroy van Raemdonck, who becomes chief executive officer next month, is taking over a retailer facing heavy losses, an industrywide traffic slowdown and nearly $5 billion in debt.

Retail

New Neiman Marcus CEO Faces Steep Challenge of Billions in Debt

Geoffroy van Raemdonck, who becomes chief executive officer next month, is taking over a retailer facing heavy losses, an industrywide traffic slowdown and nearly $5 billion in debt.


News & Analysis

How Dickies' Work Clothes Went From Reliable to High Fashion

Partnerships with Opening Ceremony and other brands have pushed the workwear stalwart to the centre of America’s fashion conversation — just in time for it to be scooped up by a massive clothing conglomerate.

News & Analysis

How Dickies' Work Clothes Went From Reliable to High Fashion

Partnerships with Opening Ceremony and other brands have pushed the workwear stalwart to the centre of America’s fashion conversation — just in time for it to be scooped up by a massive clothing conglomerate.


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Financial Markets

Fossil Group Tops 3Q Profit Forecasts

Fossil Group Inc. on Thursday reported third-quarter earnings of $57.5 million. The results surpassed Wall Street expectations.

Financial Markets

Fossil Group Tops 3Q Profit Forecasts

Fossil Group Inc. on Thursday reported third-quarter earnings of $57.5 million. The results surpassed Wall Street expectations.


Financial Markets

J.C. Penney Posts Smaller Loss as Sephora, Menswear Drive Sales

J.C. Penney Co. posted a second-quarter loss that was smaller than analysts estimated as sales of men’s clothing and Sephora cosmetics boosted sales.

Financial Markets

J.C. Penney Posts Smaller Loss as Sephora, Menswear Drive Sales

J.C. Penney Co. posted a second-quarter loss that was smaller than analysts estimated as sales of men’s clothing and Sephora cosmetics boosted sales.


Financial Markets

Fossil Group Beats 2Q Profit Forecasts

Fossil Group Inc. on Tuesday reported second-quarter net income of $54.6 million. The results surpassed Wall Street expectations.

Financial Markets

Fossil Group Beats 2Q Profit Forecasts

Fossil Group Inc. on Tuesday reported second-quarter net income of $54.6 million. The results surpassed Wall Street expectations.


Retail

Fossil Group Tops 3Q Forecasts

Fossil Group Inc. on Tuesday reported third-quarter earnings of $103.7 million. The results beat Wall Street expectations.

Retail

Fossil Group Tops 3Q Forecasts

Fossil Group Inc. on Tuesday reported third-quarter earnings of $103.7 million. The results beat Wall Street expectations.