Costco Wholesale Club’s first-quarter sales rose as customers stocked up on bulk grocery items and other essentials during the early states of the pandemic.
Foot Locker reported a much wider-than-expected fiscal first-quarter loss as its stores went dark during the pandemic and is temporarily suspending its cash dividend.
The Urban Land Institutes latest Real Estate Economic Forecast shows that investors have less to worry about than they did during the recession of 2008 — unless they happen to have large holdings in hotels or retail.