News

Off-price giant hits it out of the park in Q2 amid surging sales
Value-seeking consumers helped The TJX Cos. blow past Street estimates in its second quarter, with the chain posting strong sales increases across its divisions.
Analysis: Kohl’s doing what it takes to succeed; poised for ‘very solid’ year
With healthy uplifts on both the top and bottom lines, Kohl's continues its run of good performance.

Kohl’s easily tops Street with strong Q2, raises outlook

Kohl’s Corp. exceeded analysts’ sales and earnings estimates for its second quarter led by strong apparel and footwear sales.
PetSmart ups its grooming game

PetSmart detailed its progress on its plan to improve one of the key areas of its business: pet grooming services.
J.C. Penney goes big—and tall—with NBA legend

J.C. Penney is expanding its partnership with Shaquille "Shaq" O'Neal.
Regulatory Wrap-Up: Weekly recap of retail-related judicial, legislative developments - Aug. 20

Wage theft in spotlight as McDonald's franchisee agrees to pay over $20,000 in back wages as a result of noncompliance with Minnesota’s new minimum wage law.
Walmart in new retail-healthcare tie-in

Walmart is partnering with a health insurer to expand access to, and lower costs of, over-the-counter medications and other related items for older consumers.
Walmart completes $16 billion acquisition of India's e-commerce giant

Walmart has completed the largest acquisition in its history — and gained more firepower in its fight against Amazon.
Study reveals three unexpected categories driving growth for physical retailers

Brick-and-mortar retailers should look to impulse purchases as a focal area for growth.
Fast-casual, $300 million restaurant deal backed by founder of Panera Bread

Zoës Kitchen is being acquired in a deal that will create the nation’s largest restaurant operator in the Mediterranean category.
Analysis: How Nordstrom bucks department store gloom

Nordstrom has bucked the gloom associated with other department stores and has posted a strong set of second quarter numbers.
Consumer sentiment slides to 11-month low

Consumer sentiment dipped in August amid concern about rising prices.