Amazon makes $8.45 billion acquisitionAmazon is acquiring America’s most storied movie studio. Abercrombie swings to profit; to restart remodel programAbercrombie & Fitch got off to a strong start in its first-quarter amid surging digital sales, returning store shoppers, tight inventory control and product that resonated with customers. Portfolio Software Brings New Level of Business IQ to C-Suite A retail reckoning was on the way in the United States even before COVID-19. Nordstrom loss wider than expected but sales beat Street; ‘encouraged’ by sales trends Nordstrom reported mixed results for its first quarter with sales that beat estimates but were down compared to pre-pandemic levels. Citi Trends in record Q1; raises outlook, looks to accelerate store growth Citi Trends is staging a strong comeback from the pandemic. Tuesday Morning to be relisted Tuesday Morning continues its comeback. At Home’s biggest shareholder formalizes opposition against sale CAS Investments has filed a preliminary proxy statement with the SEC for use in soliciting votes in opposition to the sale of At Home Group to private-equity firm Hellman & Friedman LLC. Fitch Ratings: Retail earnings strong in Q1 but expect moderation After a strong first quarter for many U.S. retailers, things are likely to moderate going forward. Conference Board: Economy’s upward trend to continue An important metric bodes well for the country’s economic recovery from the pandemic. Ross Stores in comeback Ross Stores reported Q1 earnings and sales that topped Street estimates with comp sales that beat pre-pandemic levels. First Previous 195 196 197 198 199 Next Last
