Gap swings to Q4 profit buoyed by Old Navy, Athleta; optimistic on 2021Gap Inc. reported disappointing fourth-quarter sales amid global store closures and ongoing declines at its namesake and Banana Republic brands. Mastercard: U.S. retail sales up 4.6% in February; apparel continues to move onlineConsumers didn’t let inclement weather put that big of a dent in their spending during the month of February, particularly when it came to shopping online. Joann sets terms for IPO Joann is leveraging the surge in arts-and-crafts amid the pandemic to go public. ThredUp files for IPO ThredUp Inc. is looking to cash in on the booming market for secondhand clothing. Kroger momentum continues in Q4 The Kroger Co. reported a strong end to a strong year as Q4 digital sales soared 118%. Michaels beats Street with Q4 profits, earnings The good financial news continues for The Michaels Companies with strong results for the last quarter of fiscal 2020. BJ’s more than doubles Q4 profit, launches online EBT program BJ’s Wholesale Club had a generally strong fourth quarter and is accepting federal benefit payments for online orders in select locations. Michaels to be acquired for $3.3 billion The Michaels Companies is being acquired in a deal that values the arts-and-crafts retailer at $5 billion. Dollar Tree to open 600 stores in 2021; expanding new ‘combination store’ concept Dollar Tree reported Q4 sales that missed Street estimates and said it is ramping up its store growth and remodeling, with a push for a new format that combines both its banners. Paper Source files for bankruptcy Paper Source Inc. has filed for Chapter 11 bankruptcy protection with a plan to sell itself. First Previous 202 203 204 205 206 Next Last