Foot Locker (FL) reported its earnings before the opening bell today. The company's revenue grew 1% to $2.02 billion, while earnings increased
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Retail
Kroger gobbles up Home Chef in second acquisition of the week
There is no denying that Kroger (KR), the grocery store chain, has suddenly emerged as a formidable player in the retail food
Ross Stores stock drops on weak outlook despite upbeat quarterly results
Off-price retail apparel operator Ross Stores (ROST) reported a 30% jump in earnings for the first quarter helped by higher sales and
Gap slips on Q1 earnings miss
Clothing retailer Gap Inc. (GPS) posted better-than-expected top-line in the first quarter, while the bottom-line missed expectations. The stock dropped almost 7%
Think before returning items to Amazon, you may avoid a lifetime ban
One of the proclaimed policies of Amazon (AMZN) is to “be patient” with customers. Now, shoppers who so far enjoyed the retail
Best Buy stock slips on weak guidance, despite upbeat earnings
Best Buy’s (BBY) first-quarter earnings got a boost from broad-based revenue growth, aided by positive comparable store sales across all geographical regions,
L Brands reports 8% jump in revenue; stock slips on weak guidance
The Columbus-based retailer L Brands (LB) reported a 7.7% increase in net sales, while earnings plunged almost 50% year-over-year to $47.5 million
Red Robin shares tank 18% after insipid Q1 results
Restaurant chain Red Robin Gourmet Burgers (RRGB) saw its shares plunge 18% in the early hours of trading today, triggered by the
Ralph Lauren beats on revenue and earnings despite declining revenue in 4Q
Premium lifestyle products manufacturer Ralph Lauren (RL), which was trounced by a year-over-year trend of declining revenue for more than three years,
Target posts strongest performance in over a decade
Target Corporation (TGT) posted a 3.4% rise in total revenues to $16.8 billion for the first quarter of 2018 helped by a
Lowe’s shares fall on earnings miss
Lowe’s (LOW) today reported lower-than-expected Q1 earnings, sending its shares down as much as 8% during the pre-market trading. The Mooresville, North
JC Penney falls to record lows as CEO Marvin Ellison quits to head up Lowe’s
Troubled department store chain JC Penney (JCP) suffered yet another setback after Chairman and CEO Marvin Ellison stepped down amidst mounting losses
Kohl’s Corp posts upbeat first quarter results
Kohl’s Corporation (KSS) reported a 3.5% increase in total revenues to $4.2 billion for the first quarter of 2018. Comparable sales increased
Costco’s rival BJ’s Wholesale Club to reenter public market
The membership-based warehouse operator BJ Wholesale Club, which competes with the likes of Costco (COST) and Sam’s Club, is all set to
Campbell Soup reports market-beating third quarter earnings
Campbell Soup Company (CPB) reported a 15% increase in sales to $2.12 billion for the third quarter of 2018, helped by the
When marketing blunders landed top brands in the soup
Life in the corporate world is not easy. In the race to come up with the most unique products and to make
Poor comp sales hurt Nordstrom despite strong Q1 results
Nordstrom (JWN) reported better-than-expected first quarter results. The company is reporting its quarterly results for the first time since the founding family’s
Kroger invests in UK firm Ocado to boost digital business
In line with the trend of grocery and retail industry slowly picking up with automation to keep Amazon (AMZN) competition at bay,
JC Penney stock drops on weak quarterly performance and outlook
The department store chain J. C. Penney Company (JCP) reported a narrower loss in the first quarter helped by lower costs of
Jack in the Box reports disappointing 2Q results
Jack in the Box (JACK) second quarter results failed to meet Street estimates. The company reported its results Wednesday after the bell
Macy’s first quarter results beat expectations; lifts outlook
Shares of Macy’s Inc. (M) were up 9% during the pre-market trading after it reported upbeat results for the first quarter and