The largest U.S. banks are keeping their exposure to the beleaguered retail sector in check, according to Fitch Ratings' latest Banks Chart of the Month.
Last week’s election results will embolden labor community and shake up political dynamics in Congress, according to weekly recap of retail-related legislative developments.
J.C. Penney gave its investors — and the retail industry — some good news on Friday, topping Street estimates and reporting better than expected sales for its third quarter.