PREIT exits Chapter 11 with $130 million in new capitalPREIT has finished restructuring with its final lender and exited Chapter 11. Costco Q1 earnings jump; posts double-digit comp salesCostco Wholesale Corp. came out of the gate strong in its first quarter as consumers continue to spend more on food and home goods amid the pandemic. Private equity firm acquires direct-to-consumer jewelry retailer Ross-Simons has a new owner. Consumer confidence drops in December American consumer confidence stands at 48.1 for December 2020, down more than four points from November. J. Jill swings to loss in tough Q3 J. Jill saw year-over-year declines in sales and earnings during Q3 fiscal 2020, although topline results improved from the previous quarter. Lululemon beats Street with Q3 earnings, sales Lululemon Athletica Inc. topped analyst expectations for growth in net revenue and sales during a strong third quarter of fiscal 2020. Pandemic prompts consumers to cut holiday spending U.S. consumers report they will spend 14% less on holiday gifts this year, primarily due to COVID-19 concerns. Starbucks sees strong rebound in 2021 Starbucks Corp. offered an optimistic forecast at its biennial investor day. E-commerce growth partially offsets sales decline at Christopher & Banks Christopher & Banks Corp. swung to a net loss in Q3 fiscal 2020. GameStop cites ‘unprecedented demand’ in November after sales plummet in Q3 GameStop took a sales hit in the third quarter but expects positive comparable store sales and profitability in the fourth quarter amid demand for the highly anticipated release of new game consoles. First Previous 217 218 219 220 221 Next Last