![Stein Mart Comps Slide In Q1 stein mart store](/wp-content/uploads/2016/08/stein-mart-cropped-3-web-351x221.jpg)
Stein Mart saw its comps slide in a soft first quarter.
Stein Mart saw its comps slide in a soft first quarter.
Ross Stores posted a strong first quarter, with both earnings and sales gaining.
Walmart’s omnichannel initiatives seem to be paying off, as the retailer grew its comp sales in the first quarter, highlighted by strong e-commerce growth.
It was a challenging first quarter for The Bon-Ton as officials with the retailer pinned the sales decline on unfavorable weather conditions and a shift in the Easter holiday.
Staples saw its North American retail comps decline in a mixed first quarter.
For the first quarter, Target Corp. beat Wall Street earnings estimates but saw comparable store sales slip.
HomeGoods provided a lift in a first quarter, ended April 29, in which The TJX Cos. posted net income of $536.3 million, or 82 cents per share, versus $508.3 million, or 76 cents per diluted share, in the period a year earlier.
Nordstrom produced mixed results in its first quarter, posting a profit and growth in its off-price division while the full-line department stores lagged.
In what Hudson’s Bay characterized as a difficult first quarter, the retailer reported that its consolidated comparable sales slipped 2.9%.