An in-depth analysis of fourth-quarter 2017 sales results revealed that despite increasing sales, many retailers still face declining gross margin percentages and lower overall EBITDA.
Pier I Imports does not expect its financial performance this year to be “materially” impacted by the proposed tariff on China — even though more than half of its sales come from Chinese-made merchandise.
Lululemon Athletica Inc. has ended its search for a chief executive — a hunt it initiated in February after its existing chief abruptly resigned for falling short of the company’s “standards of conduct.”