It was a challenging first quarter for Bed Bath & Beyond, as the retailer’s comps and earnings declined, although digital sales continued to grow.
Kroger struggled in the first quarter as the supermarket retailer faced increasing price pressure from its grocery store competition.
Faced with continuing losses, Sears Canada warned that it may not be able to live up to its financial obligations and faces an uncertain future.
Neiman Marcus posted a deeper net loss and a decline in sales for its third quarter, while media reports indicated that the struggling retailer had shelved plans regarding the sale of the company.
Restoration Hardware (RH) touted its transformation efforts in the first quarter, reporting a narrower net loss and a jump in sales.
As Dollar General completes the purchase of 322 additional store locations from Dollar Express, the retailer beat Wall Street profit and sales estimates in the first quarter.
Sears and Kmart comps continued to plunge in the first quarter, although Sears Holdings did post a profit based on its cost cutting and restructuring efforts.
Ace Hardware reported an increase in net income and a dip in comparable store sales during the first quarter.
Total revenue at Overstock.com gained in the first quarter, but the company posted a loss due to its Medici Ventures blockchain distributed database operation.