A tough run for its retail office superstore division dragged down ODP Corp. third-quarter results as the company put more emphasis on business-to-business operations. Net income from continuing operations was $68 million, or $2.04 per diluted share, versus $82...
CVS Health third-quarter earnings fell far short of a Wall Street estimate, but revenues beat expectations as the company embarked on a restructuring initiative. Company net income was $87 million, or seven cents per diluted share, versus $2.26 billion, or $1.75 per...
Lowe’s Cos. is giving loyalty members access to free, personalized information about products in their homes, including warranties, manuals, maintenance suggestions, how-to content, recommended subscriptions and replacement parts. The Lowe’s Digital Home...
Dollar Tree Chairman and CEO Rick Dreiling, citing health reasons, has stepped down from his leadership position, and the company named company COO Michael Creedon interim chief executive. In addition, Dollar Tree elected lead independent director Edward Kelly...
As retail theft remains at elevated levels, a study by market researcher Numerator indicated that about a quarter of shoppers won’t purchase items that are locked up. If they want an item that’s locked up, 62% of shoppers responding to a survey said they would usually...
