Analysis: Spin-off of Old Navy could spell beginning of end for Gap brandThe spin-off of Old Navy is great news for the brand in that it will no longer have its success consistently outweighed by the sluggish performance of the Gap. Gap Inc. to split into two public companiesGap Inc. is spinning off fast-growing Old Navy as a standalone company. It also plans to close about 230 namesake stores during the next two years. 7-Eleven to enter big new market 7-Eleven is making its first foray into India. Analysis: Penney now has the right leader but has very little time to course correct Today’s very weak results underline the fact that J.C. Penney is now the laggard of the retail industry. J.C. Penney to close 18 full-line stores, nine specialty stores J.C. Penney is trimming its real estate footprint as it looks to allocate its resources to stores and initiatives that offer the greatest long-term value potential. Adore Me shows love to expecting, new moms with acquisition Fast-growing omnichannel lingerie startup Adore Me is expanding into the maternity apparel market. Services help fuel Office Depot Q4 growth; to add more co-working spaces Office Depot’s increased emphasis on business services and solutions drove the chain’s revenue growth in the fourth quarter. Analysis: Best Buy’s customer service makes it a destination for many On the surface, Best Buy’s overall sales figures look disappointing – with both enterprise wide and domestic revenue tumbling over last year. Best Buy Q4 earnings, comp sales top Street; gives upbeat guidance Best Buy reported a strong fourth quarter amid increased holiday demand for wearables, appliances, gaming and smart home devices. Analysis: Economy is now in a sweet-spot for off-price leader TJX While some retailers failed to meet expectations over the holiday period, TJX was not one of them. Lowe’s swings to Q4 loss on charges; encouraged by early signs of spring business Lowe’s Companies reported mixed results for its fourth quarter as its earnings were impacted by a weak housing market in Canada. TJX Cos. Q4 comp-sales crush estimates; raises dividend TJX Cos. reported better-than-expected sales for its fourth quarter as it also celebrated its 23rd consecutive year of comp-sales growth. First Previous 374 375 376 377 378 Next Last
