Retail private equity deals on the rise in Q2 fueled by U.S. companiesTotal retail industry private equity deals in the second quarter hit $2.63 billion globally. Foot Locker Q2 earnings, comp sales top Street; reinstates dividendFoot Locker reported a big jump in same-store sales and better-than-expected earnings as it works to get back on track following pandemic-mandated store closures. Cato in Q2 loss; ‘cautious’ about rest of year Cato Corp. saw its revenue fall 21% during the second quarter as sales softened. Rolling Stones to take on retail with flagship store The Rolling Stones are ready to paint the town red and black. Lord & Taylor still looking for new owner; closing more stores The country’s oldest department store retailer is still looking for a white knight even as more of its stores are going dark. L Brands’ better-than-expected Q2 fueled by surging Bath & Body Works L Brands Inc. reported a surprise adjusted profit for its second quarter as sales also topped expectations. Leaders in facility management provide insight on cost savings during a crisis Since mid-March, retailers and facility management leaders have been forced to navigate a crisis that altered nearly every aspect of their business. TJX posts Q2 loss; sales fall amid store closures, inventory challenges TJX Cos. swung to a second-quarter loss as its store fleet remained dark for nearly a third of the period due to the pandemic. Men’s Wearhouse, Jos. A. Bank retailers launch BOPIS Two store banners of Tailored Brands are introducing free buy-online-pickup-in-store (BOPIS) programs. Gap permanently closes some stores in San Francisco, including flagship Gap Inc. is shrinking the store portfolio of its namesake brand in its hometown. First Previous 418 419 420 421 422 Next Last
