Latest Apparel and accessories retail News

JCPenney halves losses, will begin selling used clothing

Aug. 15, 2019 12:06 PM EDT

Shares of J.C. Penney surged after the ailing department store cut its quarterly losses in half and announced that it would begin selling used clothing to staunch fading sales. Retailers have been searching for ways to get people back into its stores in the decade since the global economic downturn altered...

Macy's sends ominous signal for retailers in 2Q

Aug. 14, 2019 12:55 PM EDT

NEW YORK (AP) — Macy's lowered its annual earnings guidance after the department store struggled with a big earnings miss during the second quarter as it was forced to slash prices on unsold merchandise. The department store said Wednesday a combination of factors including a fashion miss, slow...

The Latest: Trump - tariff delay lessens impact on holidays

Aug. 13, 2019 12:48 PM EDT

NEW YORK (AP) — The Latest on the shifting trade relations between the U.S. and China (all times local): President Donald Trump says he delayed some tariffs in an escalating trade war with China to lessen the impact on the Christmas shopping season. The announcement jolted shares of companies that rely on...

Barneys seeks bankruptcy protection, closes most stores

Aug. 6, 2019 4:36 PM EDT

NEW YORK (AP) — Barneys New York is filing for Chapter 11 bankruptcy protection, the latest retailer to buckle as shoppers move online. The iconic clothier founded almost a century ago will keep the doors open at its 10-story Madison Avenue store, but it has secured $75 million in financing to pay...

Once a retail shrine , flagship stores lose their shine

Aug. 1, 2019 5:43 PM EDT

NEW YORK (AP) — It used to be considered the retailer's crown jewel — a large format store on a swank corridor that showed off the best of what a brand had to offer. But now the so-called flagship store is disappearing from high-profile shopping thoroughfares like Manhattan's Madison Avenue and...

LL Bean poised to open 1st store in Canada

Jul. 22, 2019 5:30 AM EDT

FREEPORT, Maine (AP) — L.L. Bean is poised to open its first store in Canada. The Maine-based retailer announced Thursday that the 13,000-square-foot (1,210-sq. meter) store will open Aug. 23 in Oakville Place, just outside of Toronto. The retailer announced last year that it would be looking to open...

5 good times to shop for almost anything

Jul. 4, 2019 9:06 AM EDT

There's a best time to buy just about anything , but knowing which product will go on sale at what time isn't always easy. So here's a list of general shopping rules that can apply to most things you'll buy. With these tips, you can figure out the best time — or at least a good time — to purchase...

A retail rainbow: Vendors mark LGBTQ Pride on sales racks

Jun. 23, 2019 8:46 AM EDT

NEW YORK (AP) — Major retailers have diversified their inventory for Pride month, selling apparel and other goods that celebrate LGBTQ culture to mark the 50th anniversary of the Stonewall uprising . In New York City, Macy's flagship store is adorned with rainbow-colored Pride tribute windows, set in the...