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. 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. Dick’s Sporting Goods to open experiential prototype; Q4 sales rise 19.8% Dick’s Sporting Goods ended its fiscal year on a strong note, maintaining momentum as consumers continue to focus on outdoor activities and home workouts amid the pandemic. Tailored Brands secures $75 million lifeline Tailored Brands Inc. has secured some badly needly additional financing less than three months after it exited bankruptcy. 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. 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. 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. Higher benefits take bite out of Costco Q2 earnings; testing curbside pickup Costco Wholesale Corp. reported fourth-quarter earnings below Wall Street expectations. 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. Kroger momentum continues in Q4 The Kroger Co. reported a strong end to a strong year as Q4 digital sales soared 118%. First Previous 286 287 288 289 290 Next Last
