News

TJX revenue soars in Q1

The nation’s leading off-price retailer reported better-than-expected sales in its first quarter fueled by a strong performance from T.J. Maxx and Marshalls.
Best Buy taking its Geek Squad to another level

Best Buy is launching a subscription-service for tech troubleshooting and support—regardless of where or when the consumer bought the item.
J.C. Penney CEO resigns to head up Lowe’s

JC Penney’s loss is Lowe’s Companies’ gain.
Analysis: Ellison’s appointment is a coup for Lowe’s

The departure of Marvin Ellison from JCP could not have come at a worse time for the beleaguered department store chain -- which is one of the few US retailers to have struggled over the first quarter.
Kohl’s steps up its loyalty game

Kohl’s is reinventing its loyalty strategy by taking the best elements of its three rewards programs and rolling them into one.
Kohl’s Q1 profit, sales easily top Street; lifts forecast

Kohl’s posted a strong performance in its first quarter amid improved inventory management and ongoing efforts to improve store traffic and court millennials.
Study: Changing price labels is a costly business for store retailers

The manual updating of price labels in stores is not only expensive but frought with inconsistencies.
Urban Outfitters’ profit more than triples, sales jump 12%

Urban Outfitters Inc. posted a strong start to 2018, with surging first-quarter sales online and off.