Macy’s surprises with Q1 profit, beat estimatesMacy’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. Bed Bath & Beyond taps Tiffany vet for new finance positionBed Bath & Beyond is shoring up its financial team with a new position and other appointments. At Home sale in jeopardy A big roadblock has appeared in the sale of At Home Group to a private-equity company. Salesforce: E-commerce will stay elevated post-pandemic Consumers plan to make fewer online purchases once COVID-19 has passed, but will still buy online more than they did before the pandemic. Smart & Final to be acquired by Mexican retailer in $620 million deal Grupo Comercial Chedraui, the third largest retailer in Mexico, is expanding its footprint in the U.S. grocery space. Core retail sales stall in April but are up 28.8% year-over-year Retail sales in the United States unexpectedly stalled in April as consumers pulled back in certain categories following a sharp increase in March. Dillard’s back in the black; doubles capital spending Dillard’s started off its fiscal year on a positive note. Ralph Lauren to sell Club Monaco to private equity firm Ralph Lauren Corp. is selling Club Monaco as part of its turnaround strategy to focus on its core namesake brands. Walmart adds virtual fitting room amid growing fashion push Walmart is extending its push into fashion as it looks to enhance the customer shopping experience of buying clothes online. McDonald’s raising hourly pay in company-owned restaurants amid tight labor market McDonald’s Corp. is feeling the labor crunch. First Previous 266 267 268 269 270 Next Last
