Private equity firm acquires Subway in reported $9.6 billion dealSubway has found a buyer. Earnings, revenue fall at Williams-Sonoma in Q2Williams-Sonoma Inc. exceeded Wall Street expectations for earnings per share (EPS) even as its profits and sales declined in the second quarter of fiscal 2023. New CEO named at Advance Auto Parts Home Depot veteran Shane O’Kelley takes over from Tom Greco, who led the company for seven years. Foot Locker swings to loss in Q2 Foot Locker Inc. reported a net loss amid falling sales in a difficult second quarter of fiscal 2023. Kohl’s beats Street with declining profits in Q2 Kohl’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 Q2 Net 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). First Previous 112 113 114 115 116 Next Last
