Staples Comps Slip In Q2
With its acquisition by a private equity firm pending, Staples’ comps slipped in the second quarter, although the office superstore did post a profit.
With its acquisition by a private equity firm pending, Staples’ comps slipped in the second quarter, although the office superstore did post a profit.
Big Lots produced a positive second quarter, showing a gain in comps, net sales and net income.
With a double digit comparable sales decline, the second quarter proved difficult for Sears Holdings and its store network. The struggling retailer also said it would close 28 more Kmart stores.
It was a mixed second quarter for Kirkland’s, as the retailer posted sales growth but also a net loss.
It was another strong quarter for Ross Stores, as the off-price retailer posted gains in overall sales, comps and earnings.
It was a tough second quarter for The Bon-Ton as the department store retailer reported a decline in revenue and comparable store sales.
Walmart advanced in the second quarter, gaining both store and digital sales, as the retailer continued to ramp up its e-commerce and technology investments.
An increase in store traffic was cited by Target officials as a key factor in the retailer’s second quarter sales gain.
It was a strong second quarter for The Home Depot as the home improvement retailer reported solid gains in comparable store sales.
E-commerce growth and the company’s annual anniversary sale gave Nordstrom a second quarter lift.