Sales at the retailer are plunging, leading executives to roll out some dramatic fixes. Shares rise 4% in response.
The market is acting like it's the end of the world for retail. It's not.
Shares of the retailer are falling nearly 8% after a sharp earnings miss.
With fewer teens working, the spending power for apparel is in parents' hands. And parents like Wal-Mart and Target.
As the mall crowd continues to turn up its nose at the retailer's stores, the company shifts to focus on outlets and international expansion.
Employees are demanding to use iPhones and iPads for work. The iPhone is 'the tip of the spear,' one software executive says.
Saks, Tommy Bahama and other retailers are adding alcohol to their locations, hoping that shopping under the influence helps their bottom lines.
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A sustained rally could have important implications for American and multinational companies, potentially resounding across the stock market.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
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