ARTICLES BY THIS AUTHOR
- 5/27/2022
Big Lots swings to loss as inflation, high gas prices weigh on spending
Big Lots reported a surprise fiscal first-quarter loss and disappointing sales as higher fuel prices and broader inflation cut into consumer spending, and said it would scale back spending related to new store openings and remodels. - 5/27/2022
Ulta Beauty Q1 sales surge 21%; raises outlook
Ulta Beauty reported strong results for its first quarter with better-than-expected sales and earnings growth, supported by double-digit comparable sales growth across all major categories. - 5/27/2022
Gap swings to loss amid higher costs, Old Navy woes
Gap Inc. reported a first-quarter loss and declining sales, and slashed its annual guidance to reflect an uncertain macroeconomic environment, inflation pressures and “executional” challenges at its largest division: Old Navy. - 5/27/2022
Fashionphile opens huge showroom in the Big Apple — complete with ‘The Cage’
Fashionphile is promising the world’s largest collection of Hermès Birkin bags at its new location in Manhattan’s West Chelsea neighborhood. - 5/26/2022
Dollar General sales rise; beats estimates and raises outlook
Dollar General reported a better-than-expected first quarter with strong topline growth amid cost controls that helped it manage inflation and supply chain pressures. - 5/26/2022
Apple raising starting pay to $22 an hour for U.S. workers
Apple is hiking wages as the company faces a still-tight labor market, inflation and a fledgling union drive. - 5/26/2022
Macy’s Q1 sales up across all divisions; raises outlook
Macy’s reported strong first-quarter sales across its three brands, buoyed by increased traffic to its stores as customers returned to buy new outfits, make-up and luggage. - 5/26/2022
Former CEO of Neiman Marcus takes reins at Intermix
Intermix is searching for a new chief executive. - 5/26/2022
Dollar Tree profit jumps 43.2%; details new investments
Dollar Tree got off to a strong start in its first quarter, with record quarterly earnings and solid sales. - 5/26/2022
Victoria’s Secret launches online marketplace focused on women-led brands
Victoria’s Secret & Co. is doubling down on its inclusion efforts.