Struggling retailer Macy’s warned on Thursday (May 21) that it expects as much as a $1.11 billion first-quarter operating loss, but said it was “on...
Call them the “no-digital trio.” This will be a telling week for TJX, Bob’s Stores and Ross Dress for Less as they report earnings and...
All eyes have been on the reopening of malls this week and shoppers’ reactions. Mall traffic at eight reopened shopping centers reached record lows, but Wall Street...
In today’s top news, Facebook has launched Facebook Shops for small and medium-sized businesses (SMBs) to list their merchandise, and Speaker Nancy Pelosi and the...
Target reported on Wednesday (May 20) that it had a very busy first quarter as consumers flocked to its website to stock up in preparation...
As it responded to the pandemic by providing support for associates, shoppers and communities, Lowe’s Companies, Inc. reported that comparable sales for the U.S. home...
Target Corporation’s digital comparable sales rocketed during the first quarter, rising 141 percent and comprising 9.9 percentage points of Target’s comparable sales growth. Digital comparable...
In today’s top news, Amazon could be in talks to buy JCPenney, and 4 million stimulus payments will be sent to consumers via Visa prepaid...
As it leaned into its digital businesses with its stores closed amid the pandemic, Kohl’s Corporation saw its digital sales rise 24 percent for the quarter...