Retail

Retail
Walmart Enhances Shopping App

Walmart is continuing to bring its Walmart Grocery and Walmart App experiences together to make it easier for customers to shop everything from fresh groceries to other products.

Retail
Ross Stores Q1 Operations Impacted By Pandemic

Ross Stores reported a sales decline and a net loss in its fiscal 2020 first quarter. Both sales and earnings reflect the closure of all Ross Dress for Less and DD’s Discounts locations starting on March 20 through the quarter end due to the ongoing spread of COVID-19 throughout the U.S.

Retail
Macy’s Forecasts Challenging Q1 Results

As it adapts to the coronavirus-impacted retail environment, Macy’s has provided preliminary sales and operating results estimates for the 2020 first quarter, which include significantly reduced sales, but also some good news from reopened stores.

Retail
Best Buy Q1 Results Better Than Expected

While reporting a sales decline, Best Buy’s first quarter was better than expected, despite the retailer temporarily shifting to a contactless curbside-only operating model for all its domestic stores during the coronavirus pandemic.

Retail
Lowe’s Comps Surge In Q1

Lowe’s comparable store sales surged during the first quarter, as the home improvement retailer pivoted its operations to address the coronavirus pandemic.

Retail
Pier 1 Imports To Liquidate Operations

After a long struggle to improve operations and financial performance, resulting in a Chapter 11 filing, Pier 1 Imports has filed a motion seeking bankruptcy court approval to begin an orderly wind-down of the company’s retail operations after store locations are able to reopen following COVID-19-related closures.

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