Department Store

Two iconic but struggling brands are collaborating for the first time.

Best Buy reported better-than-expected second-quarter earnings and sales but provided a mixed outlook for the year amid the continuing spending pull back on appliances, computers and other electronics.

Kimco Realty is expanding its portfolio in its key markets via a big acquisition.

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 Inc. reported declining sales across all its brands for the second quarter even as it swung to a profit that topped Street estimates.

The “life-wear” brand’s plan to have 200 stores in North America is focused on the East and West coasts.

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 Corp. saw earnings fall less than Wall Street analysts had expected as sales also declined in the second quarter of fiscal 2023.