by HFT | Mar 5, 2025 | Retail
Dublin, Calif. – Ross Stores Inc. wrapped up its fourth quarter with results at the high end of its guidance, yet signs of a challenging retail environment emerged as sales trends softened in late January and February. Newly appointed CEO Jim Conroy, who took the helm...
by HFT | Mar 4, 2025 | Retail
Minneapolis – Target delivered better-than-expected fourth-quarter earnings but cautioned about ongoing economic uncertainty, particularly regarding consumer confidence and the impact of President Trump’s tariff policies. For the full fiscal year, Target projects 1%...
by HFT | Mar 3, 2025 | Retail
Wilmington, Del. – An additional 22 Big Lots stores have been designated for transfer to Variety Wholesalers, as per a document filed on Feb. 28 in the U.S. Bankruptcy Court for the District of Delaware. These stores are in addition to the 200 Big Lots locations that...
by HFT | Feb 28, 2025 | Retail
In the QxH division (which includes QVC U.S. and HSN), revenue fell 8% to $1.98 billion, impacted by lower unit volumes, average selling prices, and shipping and handling revenue. The home category also saw an 8% decline, driven by weaker demand for culinary and floor...
by HFT | Feb 25, 2025 | Retail
Beyond Inc. has undertaken a significant restructuring effort, eliminating millions of SKUs as it moves away from a broad marketplace model for key brands like Bed Bath & Beyond and Overstock.com. Since April 2024, the company has reduced Bed Bath & Beyond’s...
