Staples reported a decline in sales during its third quarter, asserting that results were in line with its strategic expectations. The company also agreed to sell its retail business in the United Kingdom to Hilco Capital Ltd.
Under pressure to improve performance, Pier 1 Imports has updated its third quarter fiscal 2017 financial guidance to reflect recent business trends it presented in generally positive terms.
Macy’s is looking to leverage its real estate assets as it plans a turnaround from softer sales and earnings.
Nordstrom’s overall sales and earnings dipped but the company beat analyst expectations as the retailer’s Rack off-price brand continued to grow.