Specialty home furnishings retailer Williams-Sonoma Inc. exceeded Wall Street expectations for profit and revenue in the first quarter of fiscal 2019, but still plans to shutter some stores.
Costco Wholesale Corp. posted increases in net sales, same-store sales, and net income during the third quarter of fiscal 2019, but did not meet analyst expectations for revenue.
Specialty apparel retailer Express reported a net loss and declining sales but remained ahead of projections from Wall Street analysts as it plans to shutter stores.
Rite Aid Corp. has appointed Erik Keptner to the newly-created position of senior VP and chief marketing and merchandising officer, effective June 24, 2019.