NRF: Retail Sales Gains Continue in May

NRF: Retail Sales Gains Continue in May

The National Retail Federation has stated retail sales rose again in May as consumers continued to spend despite economic challenges. Citing United States Census Bureau research, NRF noted that overall retail sales in May were up 0.3% from April and 1.6% year over...
Kirkland’s Q1 Comps, Earnings Slip

Kirkland’s Q1 Comps, Earnings Slip

Although it came out ahead of a Wall Street estimate on sales, Kirkland’s net loss grew as comparable sales declined in the first quarter when the company realigned outreach to emphasize its value offering. Net loss in the quarter was $12.1 million, or 95 cents per...