Sections
q1
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EarningsAlbertsons’ Online Sales Surge 276 Pct Amid Pandemic
Digital commerce has skyrocketed at Albertsons, as the supermarket giant posted a triple-digit increase...
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RetailMacy's Takes $3.1B Charge As Pandemic Dampens Outlook
Macy’s Inc. recognized a $3.1 billion non-cash goodwill charge before tax, as the retailer’s...
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EconomyUS Household Net Worth Drops Record 6.5 Pct In Q1
Stimulus payments to taxpayers totaling $267 billion was not enough to avoid a decline...
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EconomyAMC Plans Global Reopening For July
AMC Entertainment, the U.S. theater chain, reported a decline in earnings for the first...
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RetailReopened Macy's Stores Exceed Expectations, But Chain Still Expects Big...
Macy’s Inc. reported that its reopened stores are “performing better than anticipated” in its...
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RetailExpress Inc. Net Sales Drop 53 Pct Amid Pandemic
As it took “decisive actions” to maintain liquidity, Express Inc. reported “continued momentum” with...
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RetailAmerican Eagle's Digital Demand Jumps 33 Pct In Q1
American Eagle Outfitters, Inc.’s digital demand accelerated in the first quarter, powered by brand...
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InternationalSweden’s Economy Grew In Q1 In Absence Of Lockdown
Sweden is winning the race among European nations to restore the economy from the...
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RetailWalmart Crushes Earnings; eCommerce Soars 74 Pct
Walmart announced its first-quarter earnings this morning (May 19), crushing even the highest expectations...
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EarningsGaming Surge Helps China's Tencent Beat Q1 Earnings Forecasts
China’s multinational conglomerate Tencent beat earnings forecasts in the first quarter of 2020 with...
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EarningsLockdowns Drive Lower Revenues For ATM Owner Cardtronics
Cardtronics, which calls itself the world’s largest ATM owner-operator, disclosed its first-quarter results on...
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PersonnelFrank Bisignano Takes Over As Fiserv CEO
Global payments provider Fiserv has promoted Frank Bisignano to CEO, the company announced in...
