Labor & Employment

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.

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.

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.

Walmart Inc. reported a strong first quarter as consumers beat a path to its online site and stores, which have remained open during the COVID-19 pandemic.

Pier 1 Imports has decided to liquidate after being unable to find a buyer.

Store closures resulting from the COVID-19 pandemic wreaked havoc on Kohl’s first-quarter financial performance.