The Container Store Turns to Loss in Q1

The Container Store Turns to Loss in Q1

In the first quarter, The Container Store went from profits to a loss year over year under pressure from macroeconomic conditions that reduced sales and prompted the company to launch promotional initiatives. Net loss was $11.8 million, or 24 cents per diluted share,...
NRF: March Retail Sales Struggle Forward

NRF: March Retail Sales Struggle Forward

Retail sales grew in March, according to the National Retail Federation, even as inflation and other macroeconomic and political events weighed on consumers. Based on just-released United States Census Bureau figures, NRF stated that overall retail sales in March...