E-Commerce Powers Best Buy Sales Gain
“Products that help people work, learn, connect and cook at home, like computing, appliances and tablets, were the largest drivers of our sales growth."
Lululemon Shares Fall on Steep Sales Drop
Investors had been hoping the athletic wear retailer would benefit as consumers focus on health and wellness amid the coronavirus pandemic.
Nike Shares Fall 4% Despite Q3 Earnings Beat
The company reported weaker-than-expected revenue growth in North America but online sales topped $1 billion for the first time.
Walmart Online Sales Growth Slows to 23%
The company cited "operational challenges" in fulfilling orders but the slowdown "reflects a broader challenge at Walmart" as it plays catch-up with Amazon.