Department Store

Canada exit impacts Nordstrom Q2 sales as profits rise

Nordstrom Inc. cited the winddown of its Canadian operations and shift in the timing of its Anniversary Sale as impacting sales during its second quarter.
Gap beats Street by swinging to profit, misses with sales in Q2

Gap Inc. reported declining sales across all its brands for the second quarter even as it swung to a profit that topped Street estimates.
Uniqlo to open at Cherry Hill Mall

The “life-wear” brand’s plan to have 200 stores in North America is focused on the East and West coasts.
Earnings, revenue fall at Williams-Sonoma in Q2

Williams-Sonoma Inc. exceeded Wall Street expectations for earnings per share (EPS) even as its profits and sales declined in the second quarter of fiscal 2023.
Kohl’s beats Street with declining profits in Q2

Kohl’s Corp. saw earnings fall less than Wall Street analysts had expected as sales also declined in the second quarter of fiscal 2023.
Macy’s swings to loss in Q2

Macy’s Inc. went into the red amid falling sales in the second quarter of fiscal 2023.
Macy’s opening four new small-format stores with a twist — here are locations

Macy’s is expanding its off-mall store concept into new regions — and with a new nameplace.
Profit, sales fall at Buckle during Q2

Net sales and net income both declined on a year-over-year basis at The Buckle Inc. in the second quarter of fiscal 2023.

Best Buy tops Street; expects this year to be ‘low point’ in tech demand