ARTICLES BY THIS AUTHOR
- 5/31/2020
‘Uncertainty abounds’ about economic recovery, says NRF chief economist
The reopening of businesses shut down by the COVID-19 pandemic is a significant step forward. - 5/31/2020
Nearly half of consumers ready to shop in-store this week
Forty-seven percent of people are willing to visit a store this week. - 5/28/2020
Nordstrom swings to big loss; has ‘sufficient liquidity’ to weather COVID-19
Nordstrom reported a $521 million loss and a 40% drop in sales as its stores closed during the pandemic. - 5/28/2020
Ulta Beauty slashes store expansion amid dismal Q1
The COVID-19 pandemic took a big toll on Ulta Beauty, which reported a first-quarter loss amid plunging store sales. - 5/28/2020
Five Below reopens stores; resumes expansion program
Five Below is not backing down from its aggressive store expansion. - 5/28/2020
Surging online demand give big boost to Williams-Sonoma Q1 sales
Williams-Sonoma reported an unexpected increase in comparative sales as consumers stuck at home shopped online for furniture and other household goods. - 5/28/2020
City Furniture expanding, hiring
Florida-based City Furniture is continuing with its growth plan. - 5/28/2020
Big Lots quarterly profit triples; provides upbeat outlook
Big Lots Inc. reported first-quarter profit that was well above analysts’ estimates as the COVD-19 pandemic drove a big increase in same-store sales. - 5/28/2020
Costco Q1 sales rise; extra costs bite into earnings; sampling to make comeback
Costco Wholesale Club’s first-quarter sales rose as customers stocked up on bulk grocery items and other essentials during the early states of the pandemic.