Abercrombie & Fitch reported a steeper-than-expected drop in quarterly comparable sales, in part because of inventory shortages.
In an attempt to turn around flagging sales, Gap has launched a new brand devoted to jeans from 1969, the year the company was founded. But can retro styles alone bring back its old popularity?
Many of America's best-known retailers, including Walmart, Home Depot and JCPenney, will be stepping into the earnings spotlight this week. Their reports come on the heels of disappointing January retail sales numbers from the Commerce Department.
Dell will highlight a handful of tech company results this week. Also reporting earnings will be food giants Smucker and Campbell Soup, also Marriott and other members of the lodging and hospitality industry, and the first of a long string of results from retailers.
Retailers posted mixed results for June same-store sales, with some big surprises -- Abercrombie & Fitch -- and some major disappointments -- Target. Take a look at the bull and bear arguments for some retail stock picks.