Dick’s Sporting Goods reported soaring second-quarter earnings and sales, with a nearly 200% increase in online revenue, as more consumers bought its goods to stay active during the pandemic.
Bed Bath & Beyond Inc. is eliminating 2,800 jobs across its stores and headquarters in its ongoing effort to cut costs and streamline operations as it focuses on online sales.
Children’s Place reported a wider-than-expected loss and a 12% sales decline for its second quarter amid a decrease in back-to-school spending that started in July.
