Short positions held against the SPDR S&P Retail ETF reached 666% last week, according to data from S3 Partners, a financial analytics firm. It’s the highest level of bets against big retailers such as Macy’s and Kohl’s since March. The boost in short positions comes after weak retail earnings at […]

Macy’s reported disappointing third-quarter earnings Thursday that showed a decline in same-store sales and a slashed full-year outlook. Shares fell as much as 9.1% in early trading on the news. The department store has struggled to make meaningful gains during a tough year for retailers. Watch Macy’s trade live on […]