Ollie’s Bargain Outlet Q1 earnings, sales rise; lifts outlook; opening 44 stores Ollie’s Bargain Outlet Holdings reported a solid first quarter as its deals attracted value-seeking consumers — including higher-income and younger ones. Primark to open at Arundel Mills in Hanover, Md.Primark is adding another state to its U.S. footprint. Father’s Day poised for record spending Consumers are expected to go all for Father’s Day this year — but not as much as they did for Mother’s day. Retail C-Suite Moves: May Scorecard Here’s a look at the major C-suite appointments that occurred in May (listed in the order they were announced.) Five Below on track to open 200-plus stores; convert 400 stores to new format Five Below is continuing its aggressive expansion even as its customers face “multiple macro headwinds. NRF: Most consumers think retail crime is up Retailers aren’t the only ones who are concerned about growing retail theft. Walmart pilots two new in-store ad formats Advertisers participating in the Walmart Connect retail media network will have two new options to target customers in stores. Aldi opens virtual convenience store Aldi is partnering with a leading grocery technology company to sell convenience items from a dedicated online storefront. Dollar General dials back Popshelf expansion; Q1 sales, earnings miss Dollar General reported a tough quarter as its core customers cut back on non-essential spending. The discounter also reduced its full-year outlook. Nordstrom Q1 results tops Street, stands by outlook Nordstrom reported better-than-expected first-quarter results and reaffirmed its outlook despite declining sales and an “uncertain” economic environment. First Previous 96 97 98 99 100 Next Last
