by Mike Duff | Sep 1, 2023 | Retail Articles
Rosalind Brewer is departing her role as CEO and director at Walgreens Boots Alliance, with the board of directors appointing Ginger Graham, current lead independent director, as interim chief executive. Brewer will continue to advise Walgreens while the company...
by Mike Duff | Aug 29, 2023 | Retail Articles
Big Lots did better than analysts anticipated in the second quarter although sales and comparable sales declines were significant. The company posted a net loss of $249.8 million, or $8.56 per diluted share, for the second quarter versus $84.2 million, or $2.91 per...
by Mike Duff | Aug 21, 2023 | Retail Articles
As the company continues its growth path, Dollar General celebrated the August 19 grand opening of its Blair, NE distribution center, the first dual facility combining the efficiencies of traditional and DG Fresh supply chain functionalities. The DC represents a $140...
by Mike Duff | Aug 18, 2023 | Retail Articles
Strong home sales helped Ross Stores turn in a solid second quarter and top Wall Street estimates. Net earnings were $446.3 million, or $1.32 per diluted share, versus $384.5 million, or $1.11 per diluted share, in the year-prior quarter, Ross reported. An analyst...
by Mike Duff | Aug 16, 2023 | Featured News, Retail Articles
The TJX Cos. posted better-than-expected financial results in the second quarter as its home product business rebounded. Net income was $989 million, or 85 cents per diluted share, versus $810 million, or 69 cents per diluted share, in the quarter a year before, the...
