IHL looks at coronavirus impact on retailers’ IT spendingWhile coronavirus-related declines in consumer traffic will impact retailers’ IT spending, IHL Group also sees some positive trends. Abercrombie reports strong Q4Abercrombie & Fitch’s fourth-quarter earnings and sales beat Street expectations amid continued rising demand for its namesake brand. Hudson’s Bay CEO Helena Foulkes to leave The parent company of Saks Fifth Avenue is getting a new chief executive — but it didn’t have to look very far. Analysis: Expect Target to remain on top, even if its star won’t shine as bright When looked at in isolation, Target’s final quarter numbers do not make for terrible reading. Kohl’s Q4 earnings, sales top estimates; raises dividend Kohl’s Corp. beat the Street for the fourth quarter as it closed the book on a disappointing year that did not meet its expectations. Target Q4 mixed as earnings beat Street but sales miss Disappointing sales of toys, electronics and home goods made for a somewhat mixed fourth quarter for Target Corp. even as the chain maintained its impressive run of same-store sales gains. Paper Source to rebrand Papyrus stores Some Papyrus stores will live to see another day. Expert Opinion: How the bankruptcy system needs to change Successful Chapter 11s for retailers have become few and far between. Done Deal: 7-Eleven expands footprint 7-Eleven has added more than 100 locations in Oklahoma to its portfolio. Foot Locker runs slower in Q4; expanding ‘power store’ format Weak holiday demand and a shorter shopping season took a bite out of Foot Locker’s sales in the fourth quarter. Analysis: Wayfair’s model is deeply unprofitable Wayfair ends its fiscal year on a downbeat note, proving once again that it is incapable of operating its business profitably. Wayfair’s losses mount to nearly $1 billion in 2019 Wayfair Inc. can’t seem to find a way to be profitable even as its sales continue to surge. First Previous 313 314 315 316 317 Next Last
