Many retailers overcame higher prices in April to show both monthly and year-over-year sales increases, the National Retail Federation announced. The United States Census Bureau has released overall retail sales for April, which were up 0.9% seasonally adjusted from...
Sales and earnings at The TJX Corp. gained year over year but only earnings surpassed Wall Street estimates in the first quarter as HomeGoods comparable sales slipped based primarily, the company stated, on difficult comparisons. Net income was $587.5 million, or 49...
Inflation, changing consumer preference and supply chain issues pressured Target’s first-quarter earnings even as comparable sales gained and overall revenues did better than Wall Street anticipated. Net earnings were $1.01 billion in the quarter, or $2.16 per...
Despite a stronger than expected sales gain in the first fiscal quarter, Walmart missed a Wall Street analyst consensus estimate on income as inflation, a temporary labor imbalance and supply chain costs took dollars off the bottom line. Walmart posted company net...
Dollar Tree has announced a pair of executive leadership additions. John Flanigan has joined Dollar Tree as chief supply chain officer, and Larry Gatta has joined as chief merchandising officer for the Family Dollar banner, the company stated. Flanigan most recently...
