Foot Locker boosts Q1 sales as profits slipFoot Locker Inc. reported mixed financial results for its first quarter ended April 30, 2022. Lowe’s opens fulfillment center for professional customersLowe’s Cos. is making a big commitment to its “pros” (professional customers). Nordstrom to pop-up in the Hamptons Nordstrom is taking its service-focused, inventory-free store format to a popular summer destination in New York. Dollar Tree hires two Dollar General veterans Dollar Tree has made two big additions to its executive leadership team. South American retailer buying majority stake in The Fresh Market for $675 million The Fresh Market Holdings is being acquired in a deal that marks its new owner’s entry into the U.S. market. Best Buy to double outlet store count; four upcoming locations announced Best Buy is going after shoppers looking for a bargain. SpartanNash launches on-demand delivery A grocery retailer/distributor is offering independent grocers in its network an online delivery option. Ikea to invest about $3.15 billion in new, existing stores Ingka Group, the largest Ikea retailer, is making a big investment in brick-and-mortar. DHL succeeds with robotic sortation pilot The e-commerce division of DHL Group has been piloting two automated systems in a key distribution center. ThredUp loss widens even as revenue increases A big jump in revenue and customer engagement didn’t help ThredUp’s bottom line in the first quarter. First Previous 62 63 64 65 66 Next Last
