ARTICLES BY THIS AUTHOR
- 11/16/2022
Kohl’s profit falls 60%; pulls outlook, citing retail volatility, CEO hunt
Kohl’s Corp. reported declines in third-quarter sales and profits and withdrew its guidance for the year as it deals with market volatility, investor pressure and the upcoming departure of its CEO. - 11/15/2022
Lowe’s Q3 sales rise amid continued home spending by pros and DIY customers
Lowe's Companies reported better-than-expected earnings and sales and raised its full-year profit forecast as home improvement demand remains strong even in the face of inflation. - 11/15/2022
Retail sales up in October as consumers keep spending
American shoppers didn’t let inflation put too much of a dent in their spending in October, with many getting a jump start on the holiday season. - 11/15/2022
Chipotle to open 250 to 285 restaurants in 2023
Chipotle Mexican Grill has reached a new milestone. - 11/15/2022
Checkers & Rally signs deals for 40 new restaurants in three states
Checkers & Rally continues its rapid growth. - 11/15/2022
TJX posts mixed quarter; names new CFO
The TJX Cos. reported mixed results for its third quarter as its profit topped analysts’ estimates but its revenue experienced a slight decline amid declining sales at its Home Goods banner. - 11/15/2022
Target’s Q3 profit plunges, sales slow; to cut up to $3 billion in costs
Target Corp.’s third-quarter profit took a big hit as it worked to clear excess inventory and sales softened ahead of the holiday season, causing the retailer to cut its fourth-quarter outlook. - 11/14/2022
First Look: Starbucks’ new mega-store in Empire State Building
Starbucks has unveiled a one-of-a-kind destination with a stunning, one-of-a-kind design in New York City. - 11/14/2022
Mastercard: Black Friday sales to rise 15%; in-store sales to see big increase
With many retailers closed again this year on Thanksgiving, shoppers are gearing up for a Black Friday shopping blitz — particularly in stores. - 11/14/2022
Dillard’s to go big at South Plains Mall
Dillard’s is investing in the Lubbock, Texas, market. - 11/14/2022
Ahold Delhaize USA names company veteran as new CEO
The chief executive of Ahold Delhaize USA plans to retire. - 11/14/2022
Walmart Q3 smashes estimates fueled by strong grocery sales; lifts outlook
Walmart Inc.’s third-quarter sales rose nearly 9% as inflation-weary shoppers continued to prioritize value and deals, especially in grocery.