Walmart powered through a strong second quarter, with comps gaining 2.8% in the U.S. and the retailer’s e-commerce operations boosting sales.
As it reported second quarter results, Dorel Industries said that it is doing its best to shrug off the effects of tariffs imposed on China by the U.S. as it drives top-line growth and makes adjustments to boost the bottom line.
In the second quarter ended June 30, eBay continued reviewing its operations portfolio even as it beat a Wall Street earnings estimate.
Interim CEO Mary Winston laid out management’s priorities for Bed Bath & Beyond in a quarter that features sliding comps and a net loss.
Just weeks after the announcement that ESL Holding was pursuing the shares of the company it didn’t yet own, Sears Hometown & Outlet Stores reported lower quarterly comps and earnings.
The housewares division of Helen of Troy, home to Oxo and Hydro Flask, has promoted Mike Wallenfels to the newly created divisional role of svp/global sales.
Although Hudson’s Bay has taken a number of significant steps to right its financial course, including winding down its Home Outfitters chain and selling its German operation, the company still posted a bigger first quarter adjusted net loss. The bigger loss came despite improvement at its Saks department store and off-price operations.