Ross Stores to open 100 new stores in 2023Ross Stores continues to grow both its store banners. New COO and CFO named by Westwood FinancialLauren Ball and Mark Bratt join CEO Mark Bratt to lead the growing neighborhood center developer. Amazon pauses groundbreaking of second phase of new headquarters Amazon’s latest cost-cutting move is in the real estate area. Victoria’s Secret Q4 profit tops estimate Despite a “challenging” environment, Victoria’s Secret & Co. is on “the right” path” after completing its full as an independent public company. Alex and Ani outsources warehousing and fulfillment Alex and Ani is moving its inventory into third-party warehouses and utilizing a hosted last-mule delivery platform. Costco Q2 sales up 6.5%; expands into two new countries Costco Wholesale Corp. posted second-quarter earnings that beat Street estimates as it joined other retailers in noting softening discretionary sales. Consumer confidence declines in February amid signs of spending pullback Consumers are worried about what the future will bring. Best Buy warns of declining CE sales; to expand outlet store footprint Best Buy Co. reported fourth-quarter earnings and sales that beat expectations but offered weak full-year guidance. Kroger to invest over $770 million in employees in 2023 The Kroger Co. is making a big investment this year that will raise employee wages and support comprehensive benefits. Macy’s Q4 better than expected; expects spending to remain under pressure Macy’s reported fourth-quarter profit and sales declines but still beat Wall Street estimates. First Previous 159 160 161 162 163 Next Last
