FINANCE

A retail reckoning was on the way in the United States even before COVID-19.

Abercrombie & Fitch got off to a strong start in its first-quarter amid surging digital sales, returning store shoppers, tight inventory control and product that resonated with customers.

Dick’s Sporting Goods reported its highest-ever first-quarter earnings and raised its full-year outlook.

Citi Trends is staging a strong comeback from the pandemic.

Nordstrom reported mixed results for its first quarter with sales that beat estimates but were down compared to pre-pandemic levels. 

CAS Investments has filed a preliminary proxy statement with the SEC for use in soliciting votes in opposition to the sale of At Home Group to private-equity firm Hellman & Friedman LLC.

Tuesday Morning continues its comeback.

After a strong first quarter for many U.S. retailers, things are likely to moderate going forward.