by Chandler Harvey | Dec 20, 2024 | Retail Articles
Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
by Mike Duff | Nov 26, 2024 | Retail Articles
Unseasonably warm weather this fall moderated Burlington Stores comp sales in its third quarter, although the company made progress year over year with a lift from store growth. Net income was $90.6 million, or $1.40 per diluted share, versus $48.6 million, or 75...
by Mike Duff | Oct 9, 2024 | Retail Articles
In a filing with the United States Bankruptcy Court for the District of Delaware, Big Lots identified leases it is ready to depart and stores it is ready to close, now combining for a total of nearly 500. After initially listing 179 leases it was prepared to reject,...
by Mike Duff | Aug 30, 2024 | Retail Articles
Burlington Stores turned in solid second-quarter gains while looking ahead to a back half of a year the company believes holds promise for its value positioning. Net income was $73.8 million, or $1.15 per diluted share, versus $30.9 million, or 47 cents per diluted...
by Mike Duff | Aug 5, 2024 | Retail Articles
Time’s 2024 America’s Best Midsize Companies ranks Williams-Sonoma as the top retailer. Williams-Sonoma ranked 17th overall among 500 companies ranked and atop the report’s Retail, Wholesale & Consumer Goods grouping. Other retailers from that group among...