Kohl’s tops Q4 earnings, sales estimates; forecasts growth in 2021Kohl’s Corp. ended a tough year on an upbeat note. Publix sales jump to $44.9 billion in 2020 amid COVID-19 spendingPublix ended the year on a strong note as the ongoing pandemic continued to drive sales. Walmart taps two Goldman Sachs bankers to lead chain’s fintech start-up Walmart’s expansion into finance continues to ramp up with the reported hiring of two heavy hitters. Zumiez integrates financial data with enterprise operations A specialty teen retailer is blending financial results with workforce and operational data to provide better business insights. Foot Locker in surprise sales miss amid COVID-related store closures Foot Locker reported a mixed end to the year, with profit that expectations but sales that disappointed, including a 2.7% drop in same-store sales. Best Buy earnings top Street but sales growth slows; cites ‘uncertainty’ as spending shifts Best Buy Co.’s fourth-quarter earnings topped expectations but its revenue fell short as sales growth started to slow from earlier in the pandemic. Gelson’s Markets to be acquired by Japanese retailer Gelson’s Markets, which will celebrate its 70th anniversary this July, is being sold to a Japanese company looking to expand its fledgling U.S. footprint. Store closures take $1 billion bite out of TJX sales in Q4 TJX Cos. reported fourth-quarter earnings and sales that missed expectations as its sales took a big hit from store closures around the world. Belk files for bankruptcy with eye on speedy exit as plan approved in one day Belk filed for bankruptcy protection with a lender-supported reorganization plan that cut its debt load by about $450 million. Lowe’s Q4 tops Street as sales jump 27%; cites broad demand across all departments Lowe’s Cos. reported fiscal fourth-quarter profit and sales that beat expectations as spending on home projects continues to surge amid the pandemic. First Previous 212 213 214 215 216 Next Last
