Brookfield Property Sells Forever 21 Stake as Retail Continues to Drag
Brookfield Property Partners sold its stake in Forever 21 for $63 million during Q1 2021, which contributed to…
News May 7
Latest In: results
Amazon Boasts 44% Sales Growth in Q1 2021, Announces Prime Day’s Return to Q2
Amazon topped both its own and experts’ Q1 2021 expectations, with 44% year-over-year sales growth and $108.5 billion…
News April 30
NRF: Retail Sales Rose 17.7% YoY in March as Recovery Accelerated
As COVID-19 vaccine rollouts continued and government checks generated more spending power, retail sales rose 17.7% YoY and…
News April 15
Williams-Sonoma Expects Brick-and-Mortar Recovery to Play Significant Role in 2021
Williams-Sonoma plans to refocus on brick-and-mortar sales as the U.S. emerges from the pandemic, CEO Laura Alber told…
News March 22
Lululemon Plans Footwear Launch in 2022, Expansion Across Fitness Categories
Lululemon plans to launch a footwear line in early 2022 as the retailer builds off its current sales…
News December 14
Amazon Expects Chaotic Q4 Despite Highly Successful Q3
Amazon reported a 37% net sales increase, to $96.1 billion, in Q3 2020, which ended September 30. However,…
News October 30
NRF, Census Bureau Report Continued Retail Recovery In August
Retail sales continued their gradual improvement in August, rising 0.6% seasonally adjusted from July and 2.6% year-over-year, according…
News September 17Gap Reports 43% Sales Drop In Q1 As Store Closures Outweigh 13% E-Commerce Growth
Gap was hit hard by the closure of 90% of its stores during Q1 2020, resulting in a…
News June 5Under Armour Shares Drop 15% On News Of SEC Probe, Stagnant Sales Growth
During an earnings call, Under Armour confirmed that it is the subject of a federal investigation into its…
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