Seattle and Salt Lake City thrived in 2020; Las Vegas and New Haven divedOnly 11 metros in the United States equaled or surpassed their average retail sales growth rates from the previous five-year period. Walmart makes major commitment to U.S. manufacturingWalmart will spend $350 billion in the next 10 years on items made, grown or assembled in the U.S. FedEx to phase in electric delivery vehicles A shipping giant is focusing on electric vehicles and sustainable facilities as key components of a plan to achieve carbon neutrality. Kohl’s tops Q4 earnings, sales estimates; forecasts growth in 2021 Kohl’s Corp. ended a tough year on an upbeat note. Foot Locker in surprise sales miss amid COVID-related store closures Foot Locker reported a mixed end to the year, with profit that expectations but sales that disappointed, including a 2.7% drop in same-store sales. Zumiez integrates financial data with enterprise operations A specialty teen retailer is blending financial results with workforce and operational data to provide better business insights. Former Express CEO to take top spot at Maurices The chief executive of Maurices is retiring. Victoria’s Secret to close more locations, Bath & Body Works to open 49 stores Victoria’s Secret isn’t done closing stores. Outdoor Voices taps Urban Outfitters exec as CEO Outdoor Voices has a new leader. Pyramid to add residential developments at all its malls The pandemic’s historic super-charging of online shopping has forced nearly every owner-operator of enclosed malls to rethink their components. Costco raising its U.S. minimum wage to $16 an hour; Zales parent going to $15 an hour Costco Wholesale will soon have one of the highest starting wages for U.S. workers in retail. Best Buy earnings top Street but sales growth slows; cites ‘uncertainty’ as spending shifts Best Buy Co.’s fourth-quarter earnings topped expectations but its revenue fell short as sales growth started to slow from earlier in the pandemic. First Previous 300 301 302 303 304 Next Last
