by HFT | Mar 12, 2025 | Retail
Variety Wholesalers, a Henderson, N.C.-based retailer, is set to reopen its first nine Big Lots stores on April 10, following its acquisition of the brand. The stores, which will have soft openings, mark the beginning of the revival of Big Lots under Variety...
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...
