Payless ShoeSource is set to emerge from bankruptcy as soon as Wednesday and is banking on a strategy focused on bricks-and-mortar sales at a time when e-commerce is casting an ever-growing footprint on retail sales.
Target Corp forecast sales to increase for the first time in five quarters, thanks to improved customer traffic and sales trends, sending its shares up as much as 4.4 percent and pushing retail stocks higher.
The natural makeup line, which has been worn by the likes of Emma Watson and Robin Wright, is now available on Sephora.com. In August, the makeup retailer will carry a selection of the line in its physical stores.
Major brands from Aldi to Zara agreed on Thursday to improve conditions for up to 2 million Bangladeshi garment workers, four years after a garment factory collapse in Dhaka killed more than 1,000 people.