Same Store Sales
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."
Walmart Online Sales Grow Record 97% in Q2
The surge in e-commerce reflects shifting shopping habits amid the coronavirus pandemic and helped power a 9.3% gain in Walmart's same-store sales.
Albertsons Files for IPO, Shows Sales Growth
“We are proud of the progress we have made over the past few years, and believe we have a long runway for growth ahead of us."
Gap Beats Estimates But Comp Sales Dip 4%
“We are not pleased with the third-quarter results and are focused on aggressively addressing operational issues," the struggling retailer says.
Macy’s Posts First Comp Sales Drop in 2 Years
“The mall is getting more toxic," one analyst warns. "Mall traffic will likely continue to wane over the years ahead.”
JCPenney Loss Narrows to $93M, Shares Jump
The ailing retailer's third-quarter results gave investors “some hope” that its turnaround efforts are “gaining traction.”
Tapestry Hit by Continued Kate Spade Struggles
Comparable store sales at Kate Spade, which Tapestry acquired in 2017, dropped 16% in the first quarter.
Domino’s Misses on Earnings, Launches Buyback
The pizza-delivery giant has been repurchasing shares as sales growth has slowed amid competition from third-party apps.
Hong Kong Unrest Disrupts Tiffany’s Q2 Sales
The luxury jeweler lost six selling days in its fourth-largest market during the second quarter because of pro-democracy protests.
Macy’s Shares Fall 13% on Big Earnings Miss
Same-store sales improved in the second quarter but profit was hit by heavy markdowns to clear unsold merchandise.
Walmart Gets Big Sales Boost From E-Commerce
"Walmart is now a major competitive force in e-commerce and is capable of capturing shopper share from Amazon and others.”