Willliams-Sonoma is addressing concerns that some of its products that carry Made in the U.S.A. claims may not meet U.S. Federal Trade Commission standards for such labeling, the company has maintained.
Store closing sales at 264 Fred’s locations across the Southeast, supervised by SB360 Capital Partners, will run through the Memorial Day weekend.
Sears has opened a new smaller format Sears Home & Life store in Lafayette, Louisiana. Two other Sears Home & Life stores are also opening this weekend in Anchorage, Alaska, and Overland Park, Kansas.
BJ’s Wholesale Club ended its first quarter on May 4 with an increase in both net sales and earnings from the previous year.
Ross Stores rang up first quarter sales gains at the high end of its guidance for the quarter.
Hubert Joly, who is exiting the CEO role, said that the first quarter represented “a good start” to the Best Buy fiscal year.
QVC and HSN have launched “The Big Find,” a nationwide search to discover the next big brand or unique product in beauty, fashion, accessories and jewelry.
Stein Mart weathered a rough first quarter, but pointed to initiatives rolling out in the second half that it feels will build sales growth and store traffic.
Stage Stores’ comparable sales were down in the first quarter ended May 4, but the retailer said it was encouraged by its off-price store conversion plan and its expansion of the home department.
After what he called an “unanticipated stir” among shareholders who questioned his sale of approximately 900,000 personal shares of Overstock, founder and CEO Patrick Byrne released a letter to shareholders defending the move.
Meijer has been expanding into metro Cleveland over the past couple of weeks, opening its first three stores in the city’s suburbs and introducing a home delivery service.
Driven by growth in store traffic and gains in market share, Target reported solid comparable store sales growth for the first quarter ended May 4.
TJX enjoyed a strong first quarter performance, highlighted by a solid comparable store sales increase above the company’s expectations.
Ace Hardware powered through a solid first quarter, reporting record revenues, a growing e-commerce business and a 3.9% increase in retail same-store sales.
Consumers kept coming to Lowe’s in the first quarter as the home improvement retailer reported an increase in comparable store sales for the three months ended May 3.
Nordstrom reported that its net sales decreased 3.5% for the first quarter. The company said its top-line results were impacted by three areas— loyalty, digital marketing and merchandise— which contributed to declines across its full-price and off-price businesses, in both stores and online.
Following a decline in first quarter net sales and comparable store sales, Kohl’s CEO Michelle Gass said the retailer is “actively addressing opportunities” that impacted revenue in the three month period ended May 4.
The first quarter was a challenging one for J.C. Penney as the company reported decreases in total sales and comparable store sales for the period ended May 4.
Stein Mart is installing Amazon Hub Lockers in nearly 200 of its stores across 28 states. Amazon Hub Lockers are secure, self-service kiosks that provide customers of the online retailer an alternative delivery option to pick up and return their Amazon packages.
The Home Depot delivered a positive performance in its first quarter, reporting an increase in both net sales and earnings.