FINANCE

Designer Brands Inc. reported fiscal first-quarter profit and net sales ahead of expectations, with strong growth in its owned brands.  

With a single acquisition, DoorDash Inc. has become a major global player in the online delivery space.

While overall grocery inflation continues to rise year-over-year, two specific channels are most responsible for the increase.

Victoria’s Secret & Co. posted a better-than-expected first quarter even as ongoing supply chain issues drove up costs.

Lidl is looking to give shoppers a break on select products amid elevated food prices.

Neiman Marcus Group has a new minority partner with serious digital commerce credentials.

Sweetwater is simplifying the application and purchase process for its private-label credit cards.

Gap Inc. reported a first-quarter loss and declining sales, and slashed its annual guidance to reflect an uncertain macroeconomic environment, inflation pressures and “executional” challenges at its largest division: Old Navy.