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Importers move to get ahead of higher tariffs and fuel prices
NRF’s Global Port Track report for June anticipates pull-forward activity.
Has Macy’s Inc. turned the corner?
Macy’s stores clocked its 4th consecutive quarter of comp gains and Bloomingdale’s generated record first-quarter sales, prompting Macy’s Inc. to boost its guidance for the fiscal year.
Home a bright spot in a down year at JCPenney
JCPenney shed over $300 million in top-line sales during its recent fiscal year.
TJX blows past Q1 targets with 9% sales surge
TJX Cos. is raising its expectations after a strong first quarter and continued momentum early in the second quarter.
Target’s early merch reset starts paying off in Q1
Higher traffic and inventory turns led to better-than-expected results on both the top and bottom lines at Target during the first quarter.
Bed Bath & Beyond Inc. begins to cut headcount
The company is now moving to shutter an office for The Brand House Collective division, which will impact 88 jobs.
Bed Bath & Beyond boosts Q1 revenue, has more deals in the works
Having produced its first significant top-line increase in 19 quarters, Bed Bath & Beyond Inc. is in talks for additional business acquisitions.
Retail sales benefited from first wave of tax refunds in March
March sales rose in all but one of nine retail channels on a yearly basis and were up in all but two on a monthly basis, according to the CNBC/NRF Retail Monitor.