Higher benefits take bite out of Costco Q2 earnings; testing curbside pickup Costco Wholesale Corp. reported fourth-quarter earnings below Wall Street expectations. Big Split: Saks Fifth Avenue stores, online site becoming separate companiesThe owner of Saks Fifth Avenue is splitting off the luxury department store retailer’s e-commerce business into a separate entity. Eyemart Express sees potential in buy now, pay later offering A Dallas-based value optical chain is launching a flexible payment option in its stores across the nation by the end of March. Big Lots Q4 mixed; accelerating store openings Big Lots reported a fourth-quarter profit that beat analysts’ expectations and provided an upbeat outlook for the first quarter. Survey: Retailers struggle with omnichannel growth Retailers are aware of sharp increases in BOPIS and curbside pickup orders, but are falling behind in their response. NRF: Signs point to potential record sales growth in 2021 — depending on COVID-19 The pandemic remains the largest uncertainty and the biggest risk the economy faces in 2021. Leading female retail tech execs see progress, call for more growth Women are obtaining more influence in the retail technology industry, with positive results for companies, customers and society in general. Gap swings to Q4 profit buoyed by Old Navy, Athleta; optimistic on 2021 Gap Inc. reported disappointing fourth-quarter sales amid global store closures and ongoing declines at its namesake and Banana Republic brands. Kroger momentum continues in Q4 The Kroger Co. reported a strong end to a strong year as Q4 digital sales soared 118%. Joann sets terms for IPO Joann is leveraging the surge in arts-and-crafts amid the pandemic to go public. Charming Charlie plots coast-to-coast store expansion A revived Charming Charlie is ramping up store expansion. BJ’s more than doubles Q4 profit, launches online EBT program BJ’s Wholesale Club had a generally strong fourth quarter and is accepting federal benefit payments for online orders in select locations. First Previous 628 629 630 631 632 Next Last