For July, Costco Wholesale Corp. posted a comparable store sales gain of 1% without the impact of foreign exchange rate and fuel price fluctuations.
Macy’s has appointed Elisa Garcia as chief legal officer, effective September 7.
Second quarter sales within QVC’s U.S. division grew slightly, but company officials offered a cautious outlook for the remainder of the year, noting a deceleration in demand in the latter part of the quarter.
Amazon has lifted the curtain on its first branded cargo plane, Amazon One, which marks the online retailer’s next step in building its own air transportation network.
Second quarter company-wide sales at HSN were down 4% as the home shopping retailer pinned the decline on a weaker selling season and greater promotional activity with its outdoor products business.
Overstock.com has appointed Saum Noursalehi president of the company’s retail business.
Office Depot will close 300 stores over the next three years as the office superstore continues to implement cost saving programs following the failed acquisition attempt of the company by Staples.
Lowe’s plans to open its first direct fulfillment center in Coopertown, northwest of Nashville, Tennessee.
Target has launched a new connected nursery section in about 450 store locations nationwide as the retailer continues to emphasize baby products along with health and wellness merchandising.
Second quarter revenue at CVS was up 17.6% driven largely by an increase in pharmacy network claim volume and growth in specialty pharmacy.
