Urban Outfitters reported second-quarter sales and earnings that topped Wall Street expectations, led by the strong performance of its Free People and namesake banners and fewer markdowns.
There was no stopping Target Corp. in its second quarter — online or off — as it reported skyrocketing digital sales and “unprecedented” store traffic growth.
Although the economy is doing well and consumers have more money in their pockets, most Americans remain value conscious and still enjoy seeking out a bargain.
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.
Shareholders of Supervalu approved a reorganization of the company that may allow it to sell its remaining retail brands sooner than expected, reported the StarTribune.