Mass Merchant

Target Corp. reported second-quarter earnings that beat analysts’ estimates, with sales increases across all its merchandise categories. 

A compliance veteran has joined Walmart’s C-suite.

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. 

Jersey City currently has two malls. In the near future, it may be left with none.

Commercial real estate investors and experts expect leasing velocity and tenant walkthroughs to increase in the retail sector, while rents will remain flat.

Cargo imports at the nation’s largest retail container ports should hit another record in August as retailers shift from the back-to-school season to the peak shipping season for holiday merchandise.

Costco Wholesale Corp. reported strong same-store sales growth in July even as its digital sales growth inched downward.  

Miami-based Presidente Supermarkets is expanding into Central Florida.