A big increase in digital sales and increased demand for its Aerie brand helped American Eagle Outfitters end the year on a strong note, with the chain reporting its 12th straight quarter of same-store sales growth.
Kroger Co.’s earnings and revenue rose in the fourth quarter, but it issued a conservative profit outlook for 2018 as competition in the supermarket sector continues to intensify.
The nation’s largest toy store retailer is making preparations to liquidate its operations in the United States, Bloomberg reported late Thursday afternoon.
There were signs in the fourth quarter that Abercrombie & Fitch Co.’s turnaround is taking hold as the chain’s namesake brand ended its five-year same-store sales losing streak.