FINANCE

The spinoffs of L Brands’ two divisions are on track.

Target Corp. came out of the gate strong in its first quarter, crushing earnings and sales expectations. 

Target Corp. had a record-breaking first quarter, with market share gains of $1 billion as shoppers flocked to its stores and sales of its owned-brands continued to surge.

7-Eleven is selling 293 Speedway and 7-Eleven stores are part of a settlement with the Federal Trade Commission.

The TJX Companies is starting to making up for lost time last year when its stores around the globe were shuttered due to the pandemic.

Lowe’s Companies reported a strong first quarter, fueled by consumer sales and increasing sales from the professional segment.

Walmart’s first-quarter sales and earnings easily topped Wall Street expectations.

Macy’s outperformed expectations across all three of its brands — Macy’s, Bloomingdale’s and Bluemercury — and swung to a profit in the first quarter as shoppers returned to its stores.