Tailored Brands sells a division; lifts guidanceMenswear giant Tailored Brands has exited the corporate dress business. Avenue Stores files for bankruptcy; looking for a buyerAvenue Stores is changing its business model. Rite Aid tightens payment processing and security The drugstore chain is deploying a new payment platform across its stores and e-commerce site. UPS is piloting driverless delivery Some consumers in Arizona have been receiving UPS packages courtesy of autonomous vehicles. Dillard’s Q2 loss widens; to close three stores Department stores woes continued as Dillard’s posted a much wider second-quarter loss than expected. Consumers grow wary as sentiment falls amid trade concerns Consumer sentiment declined in early August to its lowest level since the start of the year. Banana Republic hops on board the latest retail trend Banana Republic has joined the growing ranks of retail companies that are letting consumers rent apparel. Starbucks ups local renewable energy commitment Starbucks Corp. is sourcing more of its green energy locally. Analysis: Walmart remains a retail winner with good news on top and bottom line This time last year, amid a mini-consumer boom, Walmart posted comparable sales growth of 4.5% in the U.S. Walmart beats Street, ups outlook amid higher U.S. sales, online grocery growth Walmart posted its 20th consecutive quarter of U.S. sales gains in its second quarter, along with a top and bottom line that topped analysts’ expectations. J.C. Penney narrows loss but sales fall; opening in-store resale shops J.C. Penney on Thursday reported mixed results for its second quarter, cutting its loss by more than half even as its sales continued to erode. Analysis: Next six months critical to J.C. Penney survival J.C. Penney has served up another slice of gloom with an incredibly bad set of sales numbers. First Previous 445 446 447 448 449 Next Last
