David’s Bridal filed for bankruptcy protection on Monday, with a promise that all dress orders would be delivered on time and bridal appointments would not be affected.
J.C. Penney on Thursday withdrew its annual earning forecast on the heels of a weak third quarter that saw sales tumble 5.8%, missing analysts’ estimates.
A strong labor market that is boosting consumer spending helped retail sales make a comeback in October, sending a positive note to retailers as they head into the holiday shopping season.