Labor & Employment

Foot Locker reported a much wider-than-expected fiscal first-quarter loss as its stores went dark during the pandemic and is temporarily suspending its cash dividend.

Amazon is reportedly delaying its annual Prime Day online sales extravaganza from July to September.

With its stores dark for half the quarter due to the COVID-19 pandemic and a weak e-commerce presence (or none at all for some of its brands), The TJX Cos. posted a much wider first-quarter loss than expected.

Lowe’s reported a strong first quarter with sales and profit that beat analyst expectations — and with same-store sales growth that beat rival Home Depot. 

An e-tail giant will open its third supply chain facility in Delaware.

The U.S. workforce has taken a big economic hit as a result of the COVID-19 pandemic.

Target Corp. reported a 10.8% increase in first-quarter comparable sales as its digital sales steadily accelerated during the COVID-19 crisis.

Cullinan Properties, developer of several mixed-use properties in the central United States, has hired Tim Hogenkamp as its new chief financial officer.