FINANCE

Owner of Panera Bread, Krispy Kreme in another big acquisition

JAB is expanding its brand portfolio—again.
U.K. home improvement chain sold—for $1.34

The struggling Homebase chain is getting a new owner.
Blockchain in Retail: Building a new level of consumer trust

Cheerleaders for blockchain say the technology will be as disruptive for retail as the advent of online shopping.
Commentary: Gap management talks a better game than it is actually playing

Although Gap's headline first-quarter sales growth looks very strong, the reality is that it is inflated by both currency gains and a change in the way revenue is accounted for.
Foot Locker Q1 earnings, sales top Street

New product and partnerships with key partners helped Foot Locker top analysts estimates for its first quarter.
Analysis: Best Buy in strong competitive position

Today's robust results from Best Buy serve as a reminder that with focus and effort it is possible for any retailer to succeed against Amazon and other online players.
Growth slows at Gap’s most important division

Gap Inc. on Thursday reported first quarter earnings and same-store sales that missed Street analysts amid a surprising slowdown at its Old Navy brand. Total sales, however, were better than expected.
Stein Mart’s Q1 earnings double; raises outlook

Off-price retailer Stein Mart raised the first half of its forecast as improvements in store inventory contributed to its earnings.

Retailers warn tariffs will have widespread consequences on U.S. economy