Lowe’s Cos. reported better-than-expected second-quarter earnings, revenue and same-store sales as what CEO Marvin Ellison called its “ongoing transformation” appears to be paying off.
Gap Inc. has entered into one of the largest offsite renewable energy contracts by an apparel retailer to date — one that addresses the specific needs of its leased sites.
Office Depot’s ongoing transformation to a more business-services oriented company continues to be a drag on its bottom line, even as the company managed to beat analysts’ expectations.