Kohl’s beats Street with declining profits in Q2Kohl’s Corp. saw earnings fall less than Wall Street analysts had expected as sales also declined in the second quarter of fiscal 2023. Profit, sales fall at Buckle during Q2Net sales and net income both declined on a year-over-year basis at The Buckle Inc. in the second quarter of fiscal 2023. Dollar General opens first-of-its-kind distribution center Dollar General is expanding its supply chain infrastructure with a new type of facility. Commentary: Aldi’s purchase of Winn Dixie, Harvey Supermarket is ‘massive step’ John Clear, director of the retail and consumer group of management consultant Alvarez and Marsal, offers insights on Aldi’s expansion strategy. Ross Stores beats Street and lifts outlook as customers shop for bargains Ross Stores reported better-than-expected second-quarter earnings and sales as shoppers sought out its stores for bargains. Study: AI will have a $580 billion impact on Amazon and Walmart Two retailers will account for close to 40% of an expected windfall from radical industry transformation caused by artificial intelligence (AI). Placer.ai: Convenience-stores driving massive traffic Convenience stores have evidently captured consumers’ hearts, as visits nationwide have increased more than 60% over the past four and a half years. U.S. consumer spending remains strong in July — but not in all categories Consumers continued to show their resilience in July. Coach parent Q4 earnings, revenue miss amid softer U.S. demand Tapestry reported weaker-than-expected fourth-quarter earnings and revenue days after it announced a big acquisition. Report: New owners of BuyBuy Baby and Harmon plot store returns Two bankrupt brands whose stores have all gone dark may yet live to see another day in brick-and-mortar — one in a big way. First Previous 111 112 113 114 115 Next Last
