Walmart announced it is closing four stores in Chicago, citing a challenge to generate profits in the city. Walmart struggled to get approval from the city to open stores in Chicago, encountering local resistance from labor groups and certain community organizations...
Sales gained but Restoration Hardware earnings slipped in the second quarter as market conditions took a toll. Net income was $122.3 million, or $5.37 per diluted share, versus $226.7 million, or $7.09 per diluted share, in the year-prior quarter. Adjusted for...
The Gallery at the Historic Bethlehem Steel Building, Restoration Hardware’s newest retail project, has opened in San Francisco as a prominent addition to the city’s Pier 70 and gateway to what was once one of the country’s most storied shipyards. As characterized by...
Costco made a strong showing in March with double-digit comparable store gains. Costco comps without the effects of fuel price and foreign exchange volatility increased 12.2% in March year over year, with the United States up 12.7%, Canada up 12.2% and Other...
Even people who might not regularly shop them tend to turn their attention to department stores during the holiday season when those retailers seek to entertain as they sell, and Macy’s and Nordstrom are out to do just that as the year winds down. Of course, as part...
