ARTICLES BY THIS AUTHOR
- 12/9/2024
Ollie’s Bargain Outlet buying up Big Lots leases; new CEO to take reins in February
Ollie’s Bargain Outlet reported a 7.8% increase in revenue for its third quarter as it continues to expand its store count — with the help of former Big Lots locations. - 12/8/2024
C-Suite Moves: November update
Here are the major leadership changes that occurred during November, starting with the most recent. (All changes have already taken effect unless otherwise noted.) - 12/8/2024
Activists want Macy’s to cut capital expenditures, consider selling Bloomingdale’s
A new round of activist investors are taking aim at Macy’s Inc., calling for a new approach to restoring profitability that includes a review of its real estate, accelerated share buybacks and the possible sale of its two high-performing banners: Bloomingdale’s and Blue Mercury. - 12/5/2024
Tractor Supply hikes store expansion goal; 90 new locations on tap for 2025
Tractor Supply Company has set ambitious long-term financial targets and store expansion goals as part of its Life Out Here 2030 strategy. It also plans to expand into the business-to-business market and scale a retail media network. - 12/5/2024
Conditions shaping up for successful holiday season, says NRF chief economist
Strong results during the third quarter and continued growth in key economic data since then have set the stage for a solid holiday season. - 12/5/2024
Ulta Beauty Q3 earnings, sales top Street; raises full-year outlook
Ulta Beauty reported better-than-expected earnings and sales for its third quarter but warned of a still-challenging environment. - 12/5/2024
Lululemon reports solid Q3 fueled by strong international growth
Lululemon Athletica Inc. reported better-than-expected third-quarter earnings and revenue and raised its guidance as surging sales overseas made up for weaker results at home, where comp sales fell 2%. - 12/4/2024
Five Below taps Forever 21 leader as CEO; Q3 sales rise 14.7%, income drops
Five Below has ended its search for a chief executive. - 12/4/2024
Mango CEO honored as 2024 Business Leader of the Year; details U.S. expansion
Tony Ruiz, CEO of Mango, received the 2024 Business Leader of the Year award from the Spain-U.S. Chamber of Commerce in recognition of “his leadership and foresight at the helm of the company.” - 12/4/2024
Dollar General to remodel 4,250 stores, open 575 stores in 2025
Dollar General’s third-quarter results took a hit as multiple hurricanes impacted its business, but it still managed to top sales estimates.