A federal judge in Wisconsin has reportedly struck down a proposed deal that would resolve bankrupt department store retailer Shopko’s liquidation of its business.
Gap has started its fiscal year with a sobering set of numbers that show the business is still spluttering and stumbling as it aims to rebuild brand equity with consumers.
Specialty home furnishings retailer Williams-Sonoma Inc. exceeded Wall Street expectations for profit and revenue in the first quarter of fiscal 2019, but still plans to shutter some stores.
Costco Wholesale Corp. posted increases in net sales, same-store sales, and net income during the third quarter of fiscal 2019, but did not meet analyst expectations for revenue.