Refashioning Gap: CEO Sees Future in Outlets, Online

Gap might be undergoing an extreme makeover, but the chain is no longer the key growth engine of Gap Inc., CEO Glenn Murphy told investors Wednesday. The apparel giant is shifting its emphasis to its outlet businesses, newer divisions such as Piperlime and Athleta, and overseas growth.

Retailers Cut Corners to Avoid Apparel Price Hikes

Expect your T-shirts to get a little bit thinner next year -- and maybe even a little more expensive. Apparel retailers are looking high and low for ways to keep from passing on too much of their own rising costs to consumers. The trick: Doing it without compromising on quality.

Gap's Fiscal 3Q Profit Falls 1.3% on Declining Old Navy Sales

Gap's (GPS) fiscal third-quarter profit fell 1.3% as negative same-store sales for the clothing retailer's Old Navy chain offset gains overseas. Shares fell in extended trading after the company failed to beat Wall Street earnings forecasts.

Up or Down: 5 Retailing Leaders -- and 5 Laggards

Some merchants adjusted quickly to the "new normal" of penny-pinching shoppers, but others are still struggling with shrinking consumer budgets or headwinds they were fighting before the bottom fell out. Here's a look at the two groups that are going in two different directions.

Getting Smarter, Retailers Beat Expectations

Despite heat waves, penny-pinching parents and a weak job market, stores posted generally solid sales in August. They benefited from a sharper focus on inventory control, giving locals stores more say in merchandising and by using well-timed promotions.

August Retail Sales: Expect a Mixed Bag

Despite the searing weather and a lukewarm economic recovery, major merchants are expected to report growing retail sales in their August tallies on Thursday

Retail Sales Suffer in the Intense July Heat

The weather was hot in July, but consumers went cold, leading to disappointing retail sales that came in below or at the low end of most forecasts. The high temperatures across the U.S. may have been one culprit, helping boost sales of marked-down summer clearance items.

Polo Ralph Lauren Shares Could Soon Be Riding Higher

The recession hardly made a dent in Polo Ralph Lauren's upward sales progress, so it should have tremendous leverage in advancing in the economic recovery that's increasingly gaining traction. The shares hit a 52-week high on April 14.

Calvin Klein Is Making Warnaco Look Sharp

Despite worries about the economic slowdown and tepid consumer spending, shares of Warnaco, a global designer, maker and marketer of apparel, are on a tear. What's behind the stock's big surge? The continued strength of its widely popular Calvin Klein line.

Retailers Are Merrier after Holiday Sales Rise

Holiday sales grew a stronger than forecast 3.6% in 2009, offering a present to retailers still struggling from last year's devastating drop. Now inventories are heading up, suggesting an even better 2010.

Retail sales creep up in October

Retail sales keep creeping upward toward the holiday season. Numbers just released by the federal government show most retail segments had higher...

For fall, go faux

Faux leather jacketIt's hard to say goodbye to the summer shopping season. Not only are flip-flops, sundresses and tissue tanks easy to wear, they're also usually the...