Dollar General earnings, sales miss; cites 'financially constrained' customer Dollar General reported disappointing second-quarter earnings, revenue and same-store sales and slashed its full-year outlook as its core customers continue to cut back discretionary spending. Nordstrom Rack, Anniversary Sale lift Nordstrom’s Q2 revenue Nordstrom posted better-than-expected second-quarter earnings and rising sales but issued cautious guidance going forward. Dick’s Sporting Goods hit by cyberattack Dick’s Sporting Goods says it has contained a recent intrusion into its IT systems. Abercrombie & Fitch on fire as Q2 sales soar 21% Abercrombie & Fitch Co. delivered another strong quarter with broad-based growth across its brands, regions and channels. Foot Locker sales up; to move HQ to Florida, open Dallas tech hub More changes are afoot at Foot Locker, from moving its headquarters to shuttering stores and streamlining operations in some international markets. Brookings: Retail is commercial real estate’s 2nd most valuable asset class The most stable sector during the pandemic, retail rises above industrial and office with a value of $3.03 trillion according to a Brookings report. Kohl’s Q2 profit rises despite sales drop; ups profit but lowers revenue guidance Kohl’s Corp.’s turnaround strategy is still a work in progress. Schnucks names new chief merchant, growth officers Schnuck Markets, Inc. has added new talent to its C-suite and created a new role focused on expansion. Legendary retailer Leonard Riggio dies at 83 The man credited with transforming the book publishing industry has passed away. Consumer confidence inches up in August to highest level in six months Consumers are feeling more confident even as they grow more concerned about the labor market. Freddy's plans 10 new South Carolina stores Freddy’s Frozen Custard & Steakburgers is planning to expand its store count in the Southeast. Lowe’s to end some diversity policies Lowe’s Companies is the latest company to scrap some of its diversity, equity and inclusion (DEI) programs. First Previous 28 29 30 31 32 Next Last
