Shares of retailers and other consumer-services companies fell amid further signs that traditional retailers were facing arid market conditions.
Jeans maker True Religion Apparel filed for bankruptcy protection Wednesday, the latest in a string of once-popular Southern California garment sellers to succumb to the consumer's abandonment of bricks-and-mortar stores and associated labels.
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In contrast to chain stores, shares of hoteliers and cruise lines have been among the strongest on the stock market this year, The Wall Street Journal reported.
(-By Rob Curran, firstname.lastname@example.org)
(END) Dow Jones Newswires
July 05, 2017 16:26 ET (20:26 GMT)