Retail

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.

Dressbarn, the women's clothing chain that's been around for nearly 60 years, is closing all 650 of its stores.

The latest round of proposed tariffs on Chinese goods could lead to the closure of 12,000 retail stores, according to a report.

The struggle intensified Monday, when Blue Apron announced that it could be delisted from the New York Stock Exchange.

The Trump administration has also begun targeting the Post Office’s pricing model.

The footwear companies estimate that the tariffs, if finalized, would cost U.S. consumers more than $7 billion annually.

Making accessories out of old uniforms 'is the least of the things' entrepreneur Eve Baum can do for military people, she said.

While the CBD industry has grown rapidly in recent years, it has remained a taboo subject in the sports world.