by Mike Duff | Oct 9, 2024 | Retail Articles
In a filing with the United States Bankruptcy Court for the District of Delaware, Big Lots identified leases it is ready to depart and stores it is ready to close, now combining for a total of nearly 500. After initially listing 179 leases it was prepared to reject,...
by Mike Duff | Aug 30, 2024 | Retail Articles
Burlington Stores turned in solid second-quarter gains while looking ahead to a back half of a year the company believes holds promise for its value positioning. Net income was $73.8 million, or $1.15 per diluted share, versus $30.9 million, or 47 cents per diluted...
by Mike Duff | Aug 5, 2024 | Retail Articles
Time’s 2024 America’s Best Midsize Companies ranks Williams-Sonoma as the top retailer. Williams-Sonoma ranked 17th overall among 500 companies ranked and atop the report’s Retail, Wholesale & Consumer Goods grouping. Other retailers from that group among...
by Mike Duff | May 30, 2024 | Retail Articles
Burlington Stores readily beat Wall Street first-quarter earnings estimates while squeezing past revenue expectations. Net income for the quarter was $78.5 million, or $1.22 per diluted share, versus $32.7 million, or 50 cents per diluted share, in the period a year...
by Mike Duff | May 13, 2024 | Retail Articles
A range of retailers are preparing to release financial numbers during the next couple of weeks, and Placer.ai has compiled a list of their recent shopper traffic metrics that could provide a glimpse into the forthcoming results. The Placer.ai traffic tracker has...