RH bullish on 2021 amid store, hospitality expansion; entering Europe next yearRH (formerly known as Restoration Hardware) finished the year strong with sales and earnings that topped analysts’ expectations, and said it expects its momentum to continue in 2021, with first-quarter sales rising 50%. Gap Inc. in deal to sell Janie and JackGap Inc. is selling a children’s wear brand it acquired about two years ago to an investment platform. Rite Aid expects net loss of at least $90 million in fiscal 2022 Rite Aid is adjusting some guidance for fiscal 2020 and 2021 after a challenging Q4. Average Easter spending expected to be highest on record Shoppers are ramping up their Easter spending this year amid new stimulus checks and positive trends in vaccinations and consumer confidence. Report: Dollar General to expand private trucking fleet Dollar General is bringing more of its transportation in-house. McKinsey: Vaccination accelerates consumer spending Consumers who have been or plan to be vaccinated are more likely to engage in a variety of purchases. Carrefour to buy Brazilian retailer from Advent and Walmart Carrefour is buying the third-largest food retailer in Brazil. Kohl’s makes its case in letter to shareholders Kohl’s Corp. sent a letter to shareholders outlining why they should not vote for the five board members proposed by its activist investors group. Sales of pet supplies, care boom with no letup in sight Pets provided solace during a difficult 2020 and that translated into soaring annual revenues for pet supplies, foods, treats and other products along with vet care. Yum! Brands adds marketing platform to growing tech portfolio A global quick-service restaurant conglomerate is taking another step toward becoming a technology platform. First Previous 206 207 208 209 210 Next Last
