Macy’s rebound continued into the second quarter, beating Wall Street estimates, although the retailer struggled to deliver sales growth.
Second quarter sales at Newell Brands were down as company officials pinned the decrease on the closing of Toys ‘R Us and inventory destocking in the office superstore segment.
In the midst of an acquisition process, Rent-A-Center posted an earnings increase for its second quarter while its ongoing merger was questioned in court.
As it advances its merger with Rite Aid, Albertsons posted a first quarter net loss of $17.7 million versus a net loss of $204.9 million in the year-prior period.
As retailers launch promotions to counter Amazon.com’s Prime Day marketing extravaganza, eBay has released a list of products it is discounting as part of what it calls its summer sale.