Data & Analytics

L Brands is shrinking the store portfolio of its struggling Victoria’s Secret division. 

Best Buy Co. reported first-quarter earnings and sales that beat analyst expectations amid a 155% rise in online sales as customers took advantage of curbside pickup at its stores.

Given that all Best Buy’s physical stores were closed for six weeks of the quarter and that it sells mostly bigger ticket discretionary products, a sales decline of 6.3% is nothing short of a remarkable result.

An e-tail giant will open its third supply chain facility in Delaware.

Lowe’s reported a strong first quarter with sales and profit that beat analyst expectations — and with same-store sales growth that beat rival Home Depot. 

Mass merchant and consumer electronics retailers top an annual ranking of the top 500 North American e-commerce retailers by web sales.

An excellent performance from Lowe’s saw sales increase by 10.9% on a total basis and by 11.2% in comparable terms.

As more states begin allowing non-essential businesses to re-open, Phillips Edison & Company has created a website to help tenants get going quickly at its 317 centers in the United States.