Digitalization gives retailers essential tools to combat inflationIn June, the U.S. Bureau of Labor Statistics announced that over the last year prices surged, exemplifying a key post-pandemic challenge facing retailers. Starbucks eliminates COO role in reinvention effortStarbucks Corp. is shuffling its executive ranks, including the elimination of a C-level position. Bath & Body Works cuts 130 jobs, COO exits as sales, profits fall Bath & Body Works is taking steps to improve profitability in the wake of a tough quarter, and its operations chief is leaving the company. Tractor Supply rebrands Petsense, expands loyalty offering Tractor Supply Company is refreshing its Petsense banner and opening its Neighbor’s Club loyalty program to Petsense shoppers. Kohl’s adding in-store Sephora shops at all locations Kohl’s Corp. plans to include a Sephora presence at all of its 1,100-plus stores across the U.S. SpartanNash sees higher sales, lower profits in mixed Q2 Growing expenses cut into SpartanNash profits even as sales increased in the second quarter of fiscal 2022. BJ’s Wholesale Club tops Street in record-breaking Q2 BJ’s Wholesale Club Holdings Inc. beat analyst expectations as it reported its best-ever earnings in the second quarter of fiscal 2022. Kohl's cuts outlook after tough Q2 Kohl’s Corp. cited the inflationary impact on consumer spending as negatively affecting its performance in the second quarter of fiscal 2022. TJX Q2 profit climbs as sales slip Lowered expenses and the elimination of certain losses and impairments helped TJX Companies Inc. grow profits even as sales slumped. New leasing chief joins Cullinan Properties Another highly experienced veteran of Retail Properties of America, Inc. has joined the team at Cullinan Properties. NRF: Consumers keep shopping despite inflation Retail sales grew in July, supported by moderate improvements in ongoing inflation. Weather again cools off Lowe’s fiscal performance; employees get bonus For the second straight quarter, Lowe’s Companies Inc. reported year-over-year declines in revenues and earnings. First Previous 180 181 182 183 184 Next Last
