ARTICLES BY THIS AUTHOR
- 8/18/2020
Leaders in facility management provide insight on cost savings during a crisis
Since mid-March, retailers and facility management leaders have been forced to navigate a crisis that altered nearly every aspect of their business. - 8/18/2020
Giant Food expands in Virginia
Giant Food continues to roll out its new and improved store format. - 8/18/2020
Gap permanently closes some stores in San Francisco, including flagship
Gap Inc. is shrinking the store portfolio of its namesake brand in its hometown. - 8/18/2020
ASHRAE epidemic task force releases updated building readiness guide
The ASHRAE Epidemic Task Force has updated its reopening “Building Readiness” guidance for HVAC systems to help mitigate the transmission of COVID-19. - 8/18/2020
Lowe’s in blow-out quarter with earnings near $3B mark
Lowe’s Companies saw its second-quarter U.S. same-store sales rise 35.1% as consumer spending on home projects continues to surge amid the pandemic. - 8/18/2020
TJX posts Q2 loss; sales fall amid store closures, inventory challenges
TJX Cos. swung to a second-quarter loss as its store fleet remained dark for nearly a third of the period due to the pandemic. - 8/18/2020
Target profits soar 80%, comp-sales jump 24.3% in record-setting quarter
Target Corp. crushed all estimates for its second quarter as it posted skyrocketing profits and the strongest quarterly same-store sales growth in its history amid strong digital and store growth. - 8/17/2020
E-commerce sales jumped nearly 40% in second quarter, says U.S. Census Bureau
The shift to e-commerce fueled by the COVID-19 pandemic shows no signs of losing momentum. - 8/17/2020
Holiday survey: Another lockdown wouldn’t affect holiday spend
Most U.S. consumers aren’t planning on cutting back on holiday spending, but they are prioritizing who they purchase for and adjusting budgets accordingly. - 8/17/2020
Home Depot’s quarterly comp-sales soar 25% as retailer tops Wall Street
If there were any doubts that Home Depot sales would benefit from the home-focused environment ushered in by the global pandemic, they were erased by the company’s second-quarter performance. - 8/17/2020
Revitalized Payless to open 300 to 500 stores during next five years
Payless is back in business in North America — with a modified name and big store expansion plans. - 8/17/2020
Kohl’s Q2 profit plunges but beat estimates; planning ‘conservatively’
Kohl’s Corp. reported better-than-expected second-quarter results but offered a sobering assessment of the months ahead.