While apparel ranks as one of the most purchased categories online, clothing stores in malls still own a strong advantage over e-commerce competitors, a new study found.
The nation’s largest bookseller reported a wider loss in its fourth quarter over last year amid disappointing sales and charges related to turnaround initiatives.
The timing of the Fourth of July holiday — it falls on a Wednesday this year — will put a crimp on celebrations and spending this year, but not by that much.