Williams-Sonoma reported better-than-expected earnings and sales, fueled by strong performances by its West Elm brand, digital channel and growth across all its brands.
Gap Inc. reported second quarter sales and earnings that beat the Street, but its namesake division didn’t benefit from the overall positive retail climate.
In a surprising move, Lowe’s Cos. will shutter its Orchard Supply Hardware division — closing all 99 stores — in order to focus on its core home improvement warehouse model.