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Coverage and analysis on finance news, including quarterly results, general retail sales and bankruptcy filings, for the retail channel brought to you by Chain Store Age.

J.C. Penney Q4 tops Street but warns sales decline will continue in 2020

J.C. Penney is not expecting much relief anytime soon in its sales performance. 

Bed Bath & Beyond

Bed Bath & Beyond to streamline operations; cutting 500 corporate jobs

Bed Bath & Beyond is reducing the size of its corporate workforce as it continue efforts to turnaround its ailing business.

wayfair

Wayfair Inc. can’t seem to find a way to be profitable even as its sales continue to surge. 

wayfair warehouse

Wayfair ends its fiscal year on a downbeat note, proving once again that it is incapable of operating its business profitably. 

Weak holiday demand and a shorter shopping season took a bite out of Foot Locker’s sales in the fourth quarter. 

tjx

TJX. Cos. showed the strength of its off-price model in the fourth quarter with sales and earnings that beat expectations amid increased store traffic. All its banners came up as winners. 

Lowe’s employee helping customer

Lowe’s Cos. efforts to a profit in the fourth quarter amid ongoing efforts to accelerate its online business.

A real-estate focused venture capital firm closed a $100 million vehicle that aims to invest in emerging brands and retail concepts to accelerate their physical store expansion.

woman with shopping bags

The nation’s retail sales will increase between 3.5% and 4.1% in 2020. 

Walmart will reportedly purchase products by category, rather than by channel.

There’s no nice way of saying it: J.C. Penney was one of the losers over the holidays.

After a dismal set of results from many clothing retailers over the holiday period, some may be wondering whether consumers were buying much apparel at all.

Macy’s

Macy’s Inc. reported earnings and sales that beat analysts’ expectations amid a sales uptick in the days leading up to Christmas.

The ongoing high level of data breaches and fraud innovation techniques is driving high losses for e-commerce and other types of businesses. 

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