Foot Locker in surprise sales miss amid COVID-related store closuresFoot Locker reported a mixed end to the year, with profit that expectations but sales that disappointed, including a 2.7% drop in same-store sales. REI details plans for first satellite officeREI Co-op’s first satellite office will be surrounded by trail networks and “sandwiched” between two parks. Former Express CEO to take top spot at Maurices The chief executive of Maurices is retiring. Costco raising its U.S. minimum wage to $16 an hour; Zales parent going to $15 an hour Costco Wholesale will soon have one of the highest starting wages for U.S. workers in retail. Outdoor Voices taps Urban Outfitters exec as CEO Outdoor Voices has a new leader. Belk files for bankruptcy with eye on speedy exit as plan approved in one day Belk filed for bankruptcy protection with a lender-supported reorganization plan that cut its debt load by about $450 million. Lowe’s Q4 tops Street as sales jump 27%; cites broad demand across all departments Lowe’s Cos. reported fiscal fourth-quarter profit and sales that beat expectations as spending on home projects continues to surge amid the pandemic. Gelson’s Markets to be acquired by Japanese retailer Gelson’s Markets, which will celebrate its 70th anniversary this July, is being sold to a Japanese company looking to expand its fledgling U.S. footprint. Fry’s Electronics goes out of business — abruptly Fry’s Electronics has called it quits after being in business for nearly 36 years. Consumer confidence at three-month high in February Consumer confidence rose in February amid the vaccine push and as Americans grew more optimistic about the economy — and travel. First Previous 163 164 165 166 167 Next Last
