J Crew

Sears Holdings and Urban Outfitters are apparently both looking to buy J. Crew Group. The two are weighing making rival bids for the clothing retailer. This could create a challenge to TPG Capital and Leonard Green & Partners' plan for a $3 billion buyout.

J. Crew says it will be taken private in a $3 billion deal with two investment firms, including its former parent. Under the deal, J. Crew shareholders will receive $43.50 per share from private equity firms TPG Capital and Leonard Green & Partners. That is a 16 percent premium to the stock's...

Private equity firms are likely to buy retailer J. Crew Group for $43.50 a share or about $2.8 billion, though investors might balk at such a modest premium.

President Barack Obama's joke about holding a "Slurpee Summit" between Democrats and Republicans has the makers of the sugary drink scrambling to take action. "We don't want to be opportunistic, but nothing has ever been this big for Slurpee" a 7-Eleven spokesperson said.

Consumers are still cautious about spending as the effects of the recession linger. But many retailers are feeling more optimistic as we head into the holiday shopping season. Here's a look at the people who are leading retail out of the doldrums.

The nation's retailers are reporting surprisingly solid gains for August, helped by aggressive discounting, even as unusually hot weather and job worries kept a lid on back-to-school buying. The results are providing a sliver of hope for the economic recovery, but worries still remain about the...

J. Crew Group Inc. (JCG) plans to let customers buy its outlet-store clothing online starting next month, making it easier to get its low-cost clothes at a time when consumers are counting every penny. Clothing companies typically place outlet stores in out-of-the-way malls, forcing customers to...