Corporate Governance

Analysis: Best Buy’s past investments in digital paid dividends during pandemic
Given that all Best Buy’s physical stores were closed for six weeks of the quarter and that it sells mostly bigger ticket discretionary products, a sales decline of 6.3% is nothing short of a remarkable result.
Best Buy earnings, sales fall but beat Street as digital sales skyrocket
Best Buy Co. reported first-quarter earnings and sales that beat analyst expectations amid a 155% rise in online sales as customers took advantage of curbside pickup at its stores.

BJ’s Q1 same-store sales jump a record 27%

BJ's Wholesale Club reported profit and sales that topped analyst expectations amid surging online sales and a spike in new members during the pandemic.
Amazon’s solar plans include first project in China

Amazon is ramping up its solar installations here and abroad.
Study puts COVID-19 income losses at $8,900 per worker

The U.S. workforce has taken a big economic hit as a result of the COVID-19 pandemic.
The price of ‘T’ is cheap at closing Knoxville mall

The 15-by-10 ft. “Power T” from the Knoxville Center Mall is up for sale.
First Look: Raley’s opens new store under Bel Air banner

Raley’s keeps expanding its California footprint.
No surprises here: Amazon is top e-retailer in North America

Mass merchant and consumer electronics retailers top an annual ranking of the top 500 North American e-commerce retailers by web sales.
TravelCenters of America focuses on expansion

TravelCenters of America Inc. is looking to expand its footprint via franchising.
Walmart reportedly to quadruple Sam’s Club store footprint in China

Walmart Inc. is thinking big in China.
Target Q1 2020: By the numbers

On an average day in April, Target Corp. fulfilled more items and orders than it did on last year’s Cyber Monday.
Phillips Edison launches re-opening website for tenants

As more states begin allowing non-essential businesses to re-open, Phillips Edison & Company has created a website to help tenants get going quickly at its 317 centers in the United States.