GameStop Corp.’s losses mounted in the fourth quarter as the company continues to deal with headwinds from the decline of physical game disc sales and the changing gaming environment.
A resilient economy has left retailers optimistic about the sales environment moving forward, but concerns persist about keeping up with evolving consumer behaviors.
Mergers and acquisitions activity by retail and CPG companies is undergoing a significant shift as retailers focus on acquiring capabilities that enhance efficiency and agility rather than building economies of scale.
Walgreens reported second quarter sales and earnings on Tuesday that missed analysts’ expectations and lowered its 2019 forecast amid a “most difficult” quarter.