ARTICLES BY THIS AUTHOR
- 5/26/2023
Big Lots to suspend dividend to bolster liquidity on heels of big loss
Big Lots reported a much wider-than-expected first-quarter loss as sales declined 18% and its customers dealt with inflation, lower tax refunds and higher interest rates. - 5/26/2023
Gap narrows Q1 loss amid cost cutting as sales decline; still looking for a CEO
Gap Inc. put a big dent in its net loss from a year ago even as sales fell across its four brands. - 5/26/2023
World’s ‘smallest bike store’ opens in New York City
The London-based maker of a leading folding bike brand is celebrating National Bike Month with a pop-up. - 5/25/2023
Crisp & Green to open in Manhattan as its eyes 1,000-plus store expansion
Crisp & Green continues its national expansion. - 5/25/2023
Dollar Tree slashes profit outlook amid elevated shrink, ‘unfavorable’ sales mix
Dollar Tree reported a mixed quarter with sales that topped Street estimates and earnings that fell short amid elevated shrink and a shift in consumer buying to consumables. - 5/25/2023
Von Maur to open first location in North Dakota, at Fargo’s West Acres Mall
Von Maur continues to expand its national footprint. - 5/25/2023
Best Buy earnings tops Street but sales fall short; consumers feeling ‘cautious’
Best Buy reported first-quarter profit that beat expectations and reaffirmed its full-year outlook even as its sales fell short. - 5/25/2023
American Eagle Outfitters lowers forecast amid ‘ongoing macro challenges’
American Eagle Outfitters reported first-quarter income and revenue in line with Street estimates but slashed its full-year forecast. - 5/24/2023
Target pulls some Pride Month items after employees receive anti-LGBTQ threats
Target Corp. is feeling the heat from some customers angry over the retailer’s collection of LGBTQ+ merchandise.