L Brands, the parent company of Victoria’s Secret, PINK, Bath & Body Works, La Senza and Henri Bendel, achieved net sales of $2.984 billion in Q2, an 8.3% increase over the $2.755 billion reported for the same period the previous year, and comparable store sales increased 3%. The company also announced that Denise Landman, CEO of PINK, will retire at the end of 2018. While net sales and comp sales increased, other financial indicators were down for the quarter, which ended August 4, 2018. Earnings per share dropped to $0.36 from $0.48 for the same period in 2017; operating income fell to $228.1 million from $300.9 million; and net income dipped to $99.0 million from $138.9 million.

Boxed has raised $111 million in its latest funding round, which was led by Japanese grocer Aeon. With the new funding, the brand plans to continue to ramp up automation of its facilities with hardware developed by the in-house robotics team at Boxed. The e-Tailer also is considering future expansion of its operations around the country, including in the Chicago area, where execs have begun visiting potential new sites for a Midwest-based facility.

Target is on a roll, boosting comparable store sales for the fifth quarter in a row and improving results across the board. It appears that Target’s enormous investments in just about every channel are working. The retailer’s better-than-expected Q2 results included: A 6.9% revenue increase, to $17.55 billion; Traffic growth…

Farfetch, the UK-based online luxury fashion marketplace, has filed for an IPO and plans to list on the New York Stock Exchange under the ticker “FTCH.”Proceeds from the initial public offering will be used for working capital, including possible acquisitions, the company said. The company is seeking a valuation as high as $5 billion, according to CNBC. The decision to go public comes at a time when shoppers are becoming more comfortable with the idea of buying luxury goods online. Online sales made up 9% of global luxury revenue in 2017 and are forecast to reach 25% of all sales by 2025, according to Bain and Co. Yet Farfetch operates on a different model, selling products from nearly 900 brands and boutiques worldwide. The company prides itself on curation and inspiration, allowing shoppers to navigate by brand, item or its stylized edits.

DoorDash, a last mile logistics platform, has raised $250 million in a growth round co-led by investment management firms Coatue Management and DST Global. The round comes just five months after the company raised $535 million in Series D funding led by SoftBank Group, boosting the company’s valuation from $1.4 billion to approximately $4 billion. DoorDash has raised $978 million to date. The company has generated significant growth in a short period, seeing sales grow 250% year-over-year, according to a blog post. While the company has now extended its delivery services to more than 100 major restaurant chains, including Wendy’s, Chipotle and IHOP, its biggest coup has been its recent partnership with Walmart that has expanded to 300 stores in 20 states. As Walmart continues to push into online grocery delivery, it will rely more on third parties such as DoorDash and Postmates to achieve its goal to extend these services to 40% of U.S. households by the end of 2018.