Retail

Nordstrom’s reported fiscal first-quarter profit Tuesday that missed Wall Street analysts’ expectations.

U.S. consumers may suffer if tariffs are added on footwear and clothing.

Profits in the quarter were $795 million, while revenue grew to $17.6 billion.

About one-quarter of young Americans said they don't ever plan on getting married.

The company said the keyboard issues have only surfaced in “a small percentage” of MacBooks.

Shut out of the traditional banking system by federal laws, the country's largest legal marijuana market in California could benefit if the state approves a measure creating a special class of banks to handle pot money.

Losses are widening at J.C. Penney and sales are falling after the retailer shed its furniture and major appliance businesses.

Stocks that moved substantially or traded heavily on Tuesday: Kohl's Corp., down $7.76 to $55.15

Urban Outfitters Inc. announced it would be launching a service offering customers the chance to rent its clothes.

President Trump has threatened to implement duties on an additional $300 billion in Chinese goods if an agreement cannot be reached.

Home Depot is reporting better than expected profit and revenue for the first quarter, though bad weather early in the year and an extra week in the previous fiscal year dampened the home improvement retailer's comparable store sales Those sales, watched closely by industry analysts, rose 2.5%, short of the 4.2% they were expecting, according to a survey by Zacks Investment Research.

Retailers JC Penney and Kohl’s both disappointed investors.

Same-store sales at home improvement chain rose 2.5% in the first quarter ended May 5, below expectations of a 4.2% increase, according to IBES data from Refinitiv.