Williams-Sonoma reported better-than-expected earnings and sales, fueled by strong performances by its West Elm brand, digital channel and growth across all its brands.
Urban Outfitters reported second-quarter sales and earnings that topped Wall Street expectations, led by the strong performance of its Free People and namesake banners and fewer markdowns.
In a surprising move, Lowe’s Cos. will shutter its Orchard Supply Hardware division — closing all 99 stores — in order to focus on its core home improvement warehouse model.
There was no stopping Target Corp. in its second quarter — online or off — as it reported skyrocketing digital sales and “unprecedented” store traffic growth.
Shareholders of Supervalu approved a reorganization of the company that may allow it to sell its remaining retail brands sooner than expected, reported the StarTribune.