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Retail
Ross Stores Promotes Four Executives

Ross Stores has promoted four executives in an effort to drive further growth and support the retailer’s long-term needs, company officials said.

Retail
Hudson’s Bay Weighs Going Private Offer

A special committee of the board of directors of Hudson’s Bay Company has issued an update on its ongoing review of the June 10 proposal for the privatization of the company from a group of HBC shareholders, including HBC’s governor and executive chairman, at a price of $9.45 per share in cash.

Retail
Stage Stores Addresses NYSE Listing Standards

Stage Stores has received notification from the New York Stock Exchange on June 20, 2019, that the company is no longer in compliance with the NYSE continued listing criteria that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period.

Financials
TJX Q1 Comps Gain

TJX enjoyed a strong first quarter performance, highlighted by a solid comparable store sales increase above the company’s expectations. 

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