FINANCE

Press enter to search
Close search
Open Menu

FINANCE

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.

gymboree storefront

The Children’s Place plans Gymboree relaunch, misses Street with Q3 sales

The Children’s Place will bring back Gymboree across channels in 2020.

Home Depot employee

Home Depot expects single-digit total sales increase for 2020

The Home Depot is heading into fiscal 2020 expecting year-over-year improvement in its rate of total sales growth.

Lululemon Athletica Inc. saw double-digit increases in sales and earnings during the third quarter of fiscal 2019.

American Eagle

Markdowns affected American Eagle Outfitters Inc. earnings per share (EPS) in the third quarter of fiscal 2019 even as sales hit a record.

Ann Taylor

Ascena Retail Group’s profit rose in its first quarter as the retailer said it is encouraged by “winds” in the business.

grocery shopper

The U.S. tariffs imposed on China have already cost the average American household $600 per year.

GameStop Corp. got no relief in its third quarter with sales and earnings that fell well short of analysts’ expectations. Same-store sales plunged 23.2%.

DSW shopper

Designer Brands Inc. the owner of DSW and other footwear banners, reported third-quarter profit that missed expectations and cut its guidance. 

ulta

Ulta Beauty reported better-than-expected earnings for its third quarter even as its sales fell short of estimates amid ongoing weakness in a core category.

Big Lots

Big Lots beat analysts’ expectations in its third-quarter and sounded an optimistic note about the coming year.

New York & Co

RTW Retailwinds is closing some stores as it continues to “actively evaluate” its store portfolio.

Dollar General storefront

Dollar General Corp. on Thursday reported its best quarterly same-store sales rise in nearly five years along with increases on both its top and bottom lines.

michaels

The Michaels Companies reported third-quarter earnings and sales that fell below analysts’ estimates and lowered its guidance for the fourth quarter and full year.

Kroger customer

The Kroger Co. is divesting the natural and organic food chain that it has helped grow during the past two years.

Global retail markets will deliver mixed results in 2020. That’s according to a new report from The Economist Intelligence Unit, which found that in volume terms, sales growth will slow in 2020 compared with 2019, but in U.S.

destination maternity storefront

A brand acquisition and licensing firm has made an offer to buy the brand name, online business and other intellectual assets of Destination Maternity for approximately $50 million.  The bankrupt retailer announced it has made a motion to approve the selection of Marquee Brands  as the

express exterior

Express managed to beat Street estimates for its top and bottom line as the company continues its turnaround efforts.

Hudson Bay co.

A new firm wants to take Hudson’s Bay Co. private.

J.Crew Group is proceeding with its plan to spin-off its fast-growing denim brand as a public company.

holiday shoppers

More than half of Black Friday purchases were with brands shoppers had never previously purchased from. That’s according to data from retail marketing tech company Bluecore, which found that 54% Black Friday purchases were made by first time-buyers.

Best Buy store

Best Buy is entering the holiday selling season with reasons to celebrate.

Tiffany & Co. ring

Breakfast at Tiffany’s will soon have a French accent.

The A.C. Moore chain of arts and crafts stores is calling it quits.

Dicks Sporting Goods

Dick’s Sporting Goods raised its full-year profit outlook on the heels of a strong quarter with better-than-expected earnings and sales.

New Look Vision logo

 The largest retail optical company in Canada is expanding its market reach. New Look Vision Group has entered into an agreement to acquire substantially all of the assets of Miami-based Coco Lunette Holding, which does   business principally under the Edward Beiner banner.&n

Ross

Another off-price retailer has posted strong results for its third quarter.

Show More