first quarter

Financials
The Container Store Sales Decline In Q1

The coronavirus pandemic and associated temporary store shutdowns impacted The Container Store’s first quarter, as the storage and organization retailer reported a sales decline. The company also named a new chief financial officer.

Financials
Albertsons Earnings Jump In Q1

Consumers turning to Albertsons during the COVID-19 pandemic boosted the supermarket operator’s first quarter sales and earnings.

Retail
Macy’s Secures Financing But Signals Q1 Loss

Macy’s has secured new financing to shore up its business, while revealing that its preliminary sales and earnings results for the first quarter included a loss and lower sales, although it said e-commerce and reopened stores are performing well.

Financials
Burlington Swings To Net Loss In Q1

Off-price retailer Burlington Stores was impacted by the coronavirus pandemic in the first quarter as the company posted a big net loss. Still, the retailer asserted that it was in a strong financial position as it continues to reopen its stores.

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