As Supervalu closed on the acquisition of Unified Grocers, the supermarket retailer reported a decline in its retail division net sales in the first quarter.
Sears Holdings is getting a $200 million line of credit from the hedge fund run by the retailer’s CEO, Edward Lampert.
Target has updated the guidance for its second quarter comparable sales and earnings per share to reflect traffic and sales trends and other developments through the first two months of the current fiscal quarter.
Rite Aid reported a challenging first quarter with a deeper net loss, following the scrapped merger deal with Walgreens, and the formation of a new pending agreement to sell about half its stores to its drug store rival.
As Walgreens Boots progresses on its new plan to acquire 2,186 Rite Aid stores, the company reported net earnings and sales gains in its third quarter.
Helen of Troy reported a solid start for its first quarter 2018, ended May 31, 2017, with its housewares segment driving sales growth.
For the fiscal month of June, the five weeks ended July 2, Costco Wholesale Corp. posted net sales of $12.17 billion, up 7% from the period last year.
In its first quarter, Pier 1 Imports narrowed its net loss while net sales slipped. However, e-commerce sales continued to show strong growth for the company.
It was a challenging first quarter for Bed Bath & Beyond, as the retailer’s comps and earnings declined, although digital sales continued to grow.