The nation’s largest toy store retailer is making preparations to liquidate its operations in the United States, Bloomberg reported late Thursday afternoon.
Kroger Co.’s earnings and revenue rose in the fourth quarter, but it issued a conservative profit outlook for 2018 as competition in the supermarket sector continues to intensify.
There were signs in the fourth quarter that Abercrombie & Fitch Co.’s turnaround is taking hold as the chain’s namesake brand ended its five-year same-store sales losing streak.
After an extended period of performance fluctuating between poor and lackluster, Target has finally pulled a rabbit out of the proverbial hat and delivered an excellent set of numbers.
Wage increases took a bite out of Target’s profit in the fourth quarter even as its sales surpassed Street expectations and its digital channel continued to make impressive gains.