Discount Store

Five Below is not backing down from its aggressive store expansion.

Big Lots Inc. reported first-quarter profit that was well above analysts’ estimates as the COVD-19 pandemic drove a big increase in same-store sales. 

Nordstrom reported a $521 million loss and a 40% drop in sales as its stores closed during the pandemic.

Dollar General Corp. reported its biggest same-store rise in more than 10 years amid surging demand driven by the COVID-19 pandemic. 

With its stores dark for half the quarter due to the COVID-19 pandemic and a weak e-commerce presence (or none at all for some of its brands), The TJX Cos. posted a much wider first-quarter loss than expected.

Walmart Inc. is thinking big in China.

Walmart Inc. reported a strong first quarter as consumers beat a path to its online site and stores, which have remained open during the COVID-19 pandemic.

Target Corp. is extending the temporary hourly wage increase it enacted in response to the COVID-19 crisis to July 4.