We have finally reached a moment in time where brands are driving meaningful revenue from e-commerce retailers and their own direct-to-consumer channels.
Hibbett, parent company of Hibbett Sports and City Gear, maintained its momentum in the third quarter as its expanded fashion focus continued to resonate with customers.
Big Lots reported third-quarter results that beat analysts’ forecasts but warned that it expects supply chain challenges to continue to weigh on gross margins.