FINANCE

Advance Auto Parts reported a tough first quarter with a big profit miss as its cut its full-year outlook and slashed its dividend.

Increased worries about the labor market put a dent in consumer confidence in May.

The numbers are in, and generative artificial intelligence (AI) is poised to have a major impact on retail.

Retailers are invited to join Chain Store Age as it honors some of the industry’s most accomplished female executives at its Retail’s Top Women Awards virtual event on June 21, from 4:30 – 6:30 p.m. EDT.

Costco Wholesale Corp. reported third-quarter results that missed expectations as consumer spending on bulk items remained slow.

Ulta Beauty reported a solid quarter even as beauty sales begin to moderate from the highs of the past two years.

Big Lots reported a much wider-than-expected first-quarter loss as sales declined 18% and its customers dealt with inflation, lower tax refunds and higher interest rates.

Gap Inc. put a big dent in its net loss from a year ago even as sales fell across its four brands.