As it worked to bring inventories down and serve shoppers with a broader range of bargains, Big Lots posted comparable sales and earnings declines but still did better than Wall Street expected. For the second quarter, Big Lots posted a net loss of $84.2 million, or...
Although total sales beat a Wall Street estimate, Kirkland’s Home suffered significant second-quarter comparable sales and earnings declines and now is working on bolstering inventory and liquidity positions. Net loss in the quarter was $25.7 million, or $2.02 per...
Core retail sales, as calculated by the National Retail Federation, rose in July as consumers kept shopping, NRF reported. NRF’s calculation of retail sales is based on U.S. Census Bureau figures, but it excludes automobile dealers, gasoline stations and...
The initial store-within-a-store Conn’s pilot operations have opened in five Belk locations under the name Conn’s x Belk. Conn’s continues to seek growth opportunities, as in its new location in Texarkana, AR, serving a market that includes Shreveport, LA., as...
AllModern, the Wayfair destination for contemporary home products, is launching the AllModern x Jason Wu collection of home furnishings. The limited edition collection created with designer Jason Wu is currently rolling out at allmodern.com and at the AllModern retail...
