Target’s omnichannel strategies seem to be paying off, as the retailer enjoyed a strong fourth quarter and its best fiscal year in more than a decade.
Dollar Tree reported solid sales in its fourth quarter, while ramping up its Family Dollar integration and turnaround plans, which includes store closings this year.
Strong sales in home and furniture were cited by Dillard’s as key factors to modest comparable store sales growth in the fourth quarter, as overall sales in the 13-week period ending February 2 were flat.
Macy’s saw improvement in its fiscal year 2018 and fourth quarter, while stepping up a restructuring plan that streamlines its upper management and reduces costs.
Fourth quarter revenue at Newell Brands was down as the company reported sales declines in its three key product segments including Food & Appliances.
Tractor Supply Company reported a strong fourth quarter and fiscal year ended December 29, 2018, with both net sales and income growing.