Container Store Q1 Sales Up, Comp Sales Down
First quarter sales at The Container Store were up, but the home storage specialty retailer reported a slight drop in comparable store sales.
first quarter
Supervalu Misses Estimate As Retail Lags In Q1
As Supervalu closed on the acquisition of Unified Grocers, the supermarket retailer reported a decline in its retail division net sales in the first quarter.
Rite Aid Loss Grows In Q1
Rite Aid reported a challenging first quarter with a deeper net loss, following the scrapped merger deal with Walgreens, and the formation of a new pending agreement to sell about half its stores to its drug store rival.
Helen Of Troy Reports Solid Start To Fiscal 2018
Helen of Troy reported a solid start for its first quarter 2018, ended May 31, 2017, with its housewares segment driving sales growth.
Pier 1 Imports Cuts Loss, Sales Slip In Q1
In its first quarter, Pier 1 Imports narrowed its net loss while net sales slipped. However, e-commerce sales continued to show strong growth for the company.
Bed Bath & Beyond Comps Decline In Q1
It was a challenging first quarter for Bed Bath & Beyond, as the retailer’s comps and earnings declined, although digital sales continued to grow.
Kroger Struggles In Q1
Kroger struggled in the first quarter as the supermarket retailer faced increasing price pressure from its grocery store competition.
Sears Canada Raises Doubt About Its Future
Faced with continuing losses, Sears Canada warned that it may not be able to live up to its financial obligations and faces an uncertain future.
Michaels Sales Flat In Q1
It was a sluggish first quarter for Michaels Companies, which reported flat net sales and a slip in comps, although net income edged up.
Hudson’s Bay Implements Reorganization Plan
Following a first quarter in which retail sales were down low-single digits, Hudson’s Bay has named a new president of its Canadian division and is implementing a “transformational plan” that includes reducing 2,000 positions company wide.