As it winds down its Canadian operations, Nordstrom managed a big earnings beat and a smaller one on revenues. Net earnings were $137 million, or 84 cents per diluted share, versus $126 million, or 77 cents per diluted share, in the year-before quarter, the company...
Nordstrom performed better in its first quarter than Wall Street expected despite lower sales at full-line department stores and its off-price Rack operation. Net loss was $205 million, or $1.27 per diluted share, versus net earnings of $20 million, or 13 cents per...
In April, Costco Wholesale Corp. sales gained across its division led by food and consumables. The company recorded net sales of $17.85 billion for the month, an increase of 3% from the April a year earlier. Comparable store sales excluding the effects of fuel and...
A Canadian retailer focused on younger consumers has been growing rapidly in the United States and has just opened its 150th location in Huntington Station, NY. The new location brings the total Showcase store portfolio in the U.S. to 41, with the focus being the...
Amid attempts to turn around its larger business, Bed Bath & Beyond has filed to liquidate its operations in Canada. In a filing with the Ontario Superior Court of Justice seeking protection from creditors, posted on the website of consultants Alvarez &...
