FINANCE

Home Depot sales momentum continues in Q4; holds back outlook due to pandemic
The Home Depot Inc. reported fourth-quarter profit and sales that easily topped Street expectations — including its third straight quarter of 25% comps — as consumers continued to invest heavily in their homes amid the pandemic.
Skincare company Heyday wants to open ‘hundreds of stores’ in next five years
Heyday plans to ramp up its brick-and-mortar expansion via franchising.

Macy’s posts first profitable quarter in a year on strong holiday, digital sales

Macy’s Inc. ended a year of “unprecedented disruption” on a very upbeat note, topping Street estimates and reporting quarterly sales improvements across all three of its brands.
Estée Lauder to acquire beauty retailer Deciem in $1 billion deal

The Estée Lauder Companies Inc. has agreed to buy a majority stake in indie beauty brand Deciem Beauty Brand Group Inc.
Kohl's rejects activist investor group's move for board control

Kohl’s Corp. is pushing back against a group of activist investors who think the retailer is not moving quick enough to address “stagnant sales” and “declining gross margins” — issues that it said predate the pandemic.
Kirkland’s ends year on an upbeat note

E-commerce helped drive Kirkland’s sales during the fourth quarter.
Solstice files for bankruptcy

Solstice Marketing Concepts has filed for Chapter 11 bankruptcy protection.
Foot Locker ups capital expenditures for 2021; raises dividend

Foot Locker is increasing its capital expenditures for 2021 to a pre-COVID level.
Walmart Q4 sales soar, but earnings miss; raising wages for 425,000 workers

Walmart Inc. reported fourth-quarter earnings that fell short of expectations amid COVID-related costs and ongoing investments in e-commerce and cautioned that it expects sales to be moderate this year.
Tractor Supply acquires 167-store Orscheln Farm and Home

Tractor Supply Company is expanding its footprint in the Midwest through an acquisition.

Home Depot sales momentum continues in Q4; holds back outlook due to pandemic

Skincare company Heyday wants to open ‘hundreds of stores’ in next five years

Macy’s posts first profitable quarter in a year on strong holiday, digital sales

Estée Lauder to acquire beauty retailer Deciem in $1 billion deal

Kohl's rejects activist investor group's move for board control

Kirkland’s ends year on an upbeat note

Solstice files for bankruptcy

Foot Locker ups capital expenditures for 2021; raises dividend

Walmart Q4 sales soar, but earnings miss; raising wages for 425,000 workers

Tractor Supply acquires 167-store Orscheln Farm and Home