Children’s Place Q4 tops Street; to close 122 stores in 2021Children’s Place reported fourth-quarter profit and sales that topped estimates as it continues to downsize its store footprint. Washington Prime Group skips interest payment, may be filing bankruptcyWashington Prime Group, owner-operator of nearly 100 malls and shopping centers across the United States, could be preparing a Chapter 11 filing. Tailored Brands secures $75 million lifeline Tailored Brands Inc. has secured some badly needly additional financing less than three months after it exited bankruptcy. Higher benefits take bite out of Costco Q2 earnings; testing curbside pickup Costco Wholesale Corp. reported fourth-quarter earnings below Wall Street expectations. Big Split: Saks Fifth Avenue stores, online site becoming separate companies The owner of Saks Fifth Avenue is splitting off the luxury department store retailer’s e-commerce business into a separate entity. Big Lots Q4 mixed; accelerating store openings Big Lots reported a fourth-quarter profit that beat analysts’ expectations and provided an upbeat outlook for the first quarter. NRF: Signs point to potential record sales growth in 2021 — depending on COVID-19 The pandemic remains the largest uncertainty and the biggest risk the economy faces in 2021. Gap swings to Q4 profit buoyed by Old Navy, Athleta; optimistic on 2021 Gap Inc. reported disappointing fourth-quarter sales amid global store closures and ongoing declines at its namesake and Banana Republic brands. Kroger momentum continues in Q4 The Kroger Co. reported a strong end to a strong year as Q4 digital sales soared 118%. Joann sets terms for IPO Joann is leveraging the surge in arts-and-crafts amid the pandemic to go public. BJ’s more than doubles Q4 profit, launches online EBT program BJ’s Wholesale Club had a generally strong fourth quarter and is accepting federal benefit payments for online orders in select locations. Michaels beats Street with Q4 profits, earnings The good financial news continues for The Michaels Companies with strong results for the last quarter of fiscal 2020. First Previous 244 245 246 247 248 Next Last
