Urban Outfitters Q4 same-store sales fall shortUrban Outfitters' total company net sales for the quarter ended January 31, 2019, increased 3.7% $1.13 billion. Skechers runs strong in Q4; bullish on guidanceStrong global sales gave a big boost to Skechers in the fourth quarter. Shopko to close 250 more stores Following a January Chapter 11 filing, Shopko is shuttering 251 stores on top of the 38 locations it previously announced would close. Payless ShoeSource reportedly preps for bankruptcy Payless ShoeSource may be taking its second trip to bankruptcy court in less than two years. Amazon places interest in autonomous vehicles with investment Amazon is taking its involvement with self-driving vehicles to a new level by funding a startup. Foot Locker makes biggest investment to date Online sneaker marketplace Goat Group fits into Foot Locker’s omnichannel innovation plans. Sears will stay in business as judge approves Eddie Lampert’s bid Sears Holdings Corp. has been given a lifeline. CPG forecasts stellar year for retailers Wage and job growth are expected to translate into good news for retailers in 2019. Analysis: Tapestry needs more compelling product to drive up revenue Although Tapestry traded well in 2018, these results show that it stumbled during the most important retail period at the end of the year. Tapestry’s holiday performance disappoints; cuts guidance Despite a surging bottom line, Tapestry Inc. reported second quarter profit and sales that were below Street estimates, citing a volatile economic and geopolitical backdrop. First Previous 599 600 601 602 603 Next Last
