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Something rare occurred on Wall Street Thursday: Investors cheered for brick-and-mortar retailers

Posted by   /  July 14, 2017  /  No Comments

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By Jackie Wattles | CNNMoney

Amid a sea of bad news — store closings, layoffs and declining sales — Thursday was a bright spot for the traditional retail industry, which has suffered with the rise of e-commerce.

Things kicked off when Target (TGT) raised its earnings guidance, saying it’s seen “improved traffic and sales” over the past two months.

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  • Published: 2 weeks ago on July 14, 2017
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  • Last Modified: July 14, 2017 @ 10:56 am
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