Foot Locker reported better-than-expected profit and comparable sales for its first quarter amid signs that its turnaround plan may be starting to take hold.
Amid price increases, the reputation of retailers took a dip in an annual ranking of the reputations of the “most visible” brands in the United States.
The Kroger Co. and Albertsons Cos. are expanding the number of stores they plan to sell in a bid to gain regulatory approval for their long-delayed $25 billion merger.
