Michaels Q1 earnings top Street; outlook disappointsThe Michaels Companies Inc. beat first-quarter profit expectations, but missed on same-store sales and provided a downbeat second-quarter outlook. Supervalu looks to major restructuringSupervalu Inc. wants to separate its retail operations and grocery wholesale divisions. Private equity firm makes ‘best and final’ bid for Rent-A-Center Vintage Capital Management has upped its offer for Rent-A-Center. Macy’s takes stake in tech retailer Macy’s has taken a minority stake in a company that helps emerging brands build out brick-and-mortar stores with minimal effort. RH continues to expand with showcase destinations; developing smaller model RH (formerly known as Restoration Hardware) reported first-quarter earnings above Street expectations and upped its guidance as it continues to expand in high-end brick-and-mortar. Lands’ End starts year on strong note Specialty lifestyle retailer Lands’ End showed momentum in its first quarter, narrowing its loss and posting sales above expectations. Report: Home Depot to undertake billion dollar supply chain revamp Home Depot is embarking on an ambitious and costly supply chain upgrade as it looks to speed up the delivery of goods to consumers. Nine West Holdings sells its footwear brands Nine West Holdings has sold its namesake and Bandolino businesses to Authentic Brand Group. Rent-A-Center gets increased acquisition offer An interested party has upped the ante for Rent-A-Center. Starbucks launches prepaid card—with a rewards twist Starbucks Corp. is making it easier for consumers to accrue points in its loyalty program. Walmart sues to stop former top exec from joining Amazon The battle between Walmart and Amazon has taken a personal turn. PetSmart reportedly hires advisors in effort to trim debt PetSmart is the latest highly-leveraged — and sales challenged — retailer to be struggling under debt accumulated in a private equity buyout. First Previous 421 422 423 424 425 Next Last
