Ross Stores reported a strong quarter that beat expectations but warned of possible risks from escalating supply chain congestion and the COVID-19 delta variant.
The TJX Companies made a strong showing in the second quarter with sales and profits that best analysts’ estimates even as some of its international stores were temporarily closed due to the pandemic.
Commercial real estate investors and experts expect leasing velocity and tenant walkthroughs to increase in the retail sector, while rents will remain flat.
Walmart Inc. is providing a new incentive to keep workers on the job at its warehouses and fulfillment centers amid a tight labor market and as it ramps up for the holiday season.