Finance & Capital Management

Bob’s Stores, Eastern Mountain Sports acquired
The U.K. owner of Bob’s Stores and Eastern Mountain Sports has sold the two sporting goods and clothing brands to a company that focuses on intellectual property rights management through divisions in music, video networks and brands.
Gap swings to loss amid higher costs, Old Navy woes
Gap Inc. reported a first-quarter loss and declining sales, and slashed its annual guidance to reflect an uncertain macroeconomic environment, inflation pressures and “executional” challenges at its largest division: Old Navy.

Big Lots swings to loss as inflation, high gas prices weigh on spending

Big Lots reported a surprise fiscal first-quarter loss and disappointing sales as higher fuel prices and broader inflation cut into consumer spending, and said it would scale back spending related to new store openings and remodels.
Former CEO of Neiman Marcus takes reins at Intermix

Intermix is searching for a new chief executive.

$Karen Katz\$
Apple raising starting pay to $22 an hour for U.S. workers

Apple is hiking wages as the company faces a still-tight labor market, inflation and a fledgling union drive.
Dollar Tree profit jumps 43.2%; details new investments

Dollar Tree got off to a strong start in its first quarter, with record quarterly earnings and solid sales.
Macy’s Q1 sales up across all divisions; raises outlook

Macy’s reported strong first-quarter sales across its three brands, buoyed by increased traffic to its stores as customers returned to buy new outfits, make-up and luggage.
Dollar General sales rise; beats estimates and raises outlook

Dollar General reported a better-than-expected first quarter with strong topline growth amid cost controls that helped it manage inflation and supply chain pressures.
Parent company of The Athlete’s Foot acquires Shoe City

The Arklyz Group has added another retail brand to its portfolio.
Starbucks selling Evolution Fresh juice brand as it focuses on core business

Starbucks Corp. is getting out of the juice business.
Express bucks trend, ups outlook as sales surge; opening more Edit, UpWest stores

Express continues to gain momentum.
Dick’s Sporting Goods tops Street; cuts outlook amid ‘macroeconomic conditions’

Dick's Sporting Goods Inc. reported fiscal first-quarter results that beat expectations but cut its full-year financial outlook, citing "uncertain macroeconomic conditions."

Finance & Capital Management

Bob’s Stores, Eastern Mountain Sports acquired

Gap swings to loss amid higher costs, Old Navy woes

Big Lots swings to loss as inflation, high gas prices weigh on spending

Former CEO of Neiman Marcus takes reins at Intermix

Apple raising starting pay to $22 an hour for U.S. workers

Dollar Tree profit jumps 43.2%; details new investments

Macy’s Q1 sales up across all divisions; raises outlook

Dollar General sales rise; beats estimates and raises outlook

Parent company of The Athlete’s Foot acquires Shoe City

Starbucks selling Evolution Fresh juice brand as it focuses on core business

Express bucks trend, ups outlook as sales surge; opening more Edit, UpWest stores

Dick’s Sporting Goods tops Street; cuts outlook amid ‘macroeconomic conditions’