q3

Dollar General Plans to Open 1,050 Locations in 2023

Dollar General is continuing its rapid expansion into fiscal 2023 with plans for 1,050 new stores, following a successful Q3 2022 when…

Foot Locker Plans to ‘Simplify the Business’ and Grow its Omnichannel Opportunities

Foot Locker President and CEO Mary Dillon is “looking for ways to simplify the business to make sure we’re focused on the…

Q3 2021 Roundup: Major Players Shake Off Supply Chain Woes but Challenges Remain

Retailers saw strong results overall in Q3 2021 as the recovery continued, but supply chain shortages loom as they enter the holiday…

HomeGoods Provides Bright Spot for TJX in Q3; Retailer Plans Ecommerce Launch for Banner in 2021

The TJX Companies Inc. exceeded Wall Street’s expectations in Q3, fueled by strong growth in its HomeGoods division, which generated 15% comp-store…

Lowe’s Plans Mexico Exit Amid Continued Restructuring

Lowe’s intends to exit Mexico as it continues shifting away from its underperforming businesses under the leadership of new CEO Marvin Ellison….

Deflated Food Prices Fuel 8.6% Q3 Loss For Kroger

Cheaper food certainly makes grocery shoppers happier as they exit the checkout lane, but America’s largest supermarket chain isn’t feeling the same…

Dollar Tree Boosts Both Sales And Profits In Q3

Demonstrating the ongoing strength of the discount sector, Dollar Tree achieved Q3 sales of $5 billion, a 1.1% increase over the same…

Gap Closes Additional Stores In Wake Of Weak Q3

Struggling apparel retailer Gap said it would close as many as 65 company-operated stores this year, compared with its previous forecast of…

Walmart Boosts E-Commerce Sales 21% On Heels Of Jet.com Acquisition

Walmart’s $3.3 billion acquisition of e-Commerce site Jet.com already appears to be paying dividends for the retail giant. The brand boosted e-Commerce…

After Lackluster Q3, Department Stores Tighten Inventory And Rethink Real Estate

As consumers continue to prefer Amazon and off-price brands, traditional department stores and big box players have struggled to keep pace in…

Macy’s To Maximize Real Estate Assets As Q3 Sales Continue To Fall

Macy’s posted a sales loss for the seventh straight quarter, another strong sign that the retailer must find ways to get the…

EBay Continues Brand Repositioning As Profits Dip

Although eBay has long been known as an online destination where shoppers place bids in an auction-style setting, the e-Commerce brand wants…

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