Pier 1 Imports reported significant gains in fourth-quarter and full-year comps due to increases in average ticket, conversion and traffic.
Sales at Macy’s, JCPenney and Kohl’s surpassed analysts’ estimates in February amid gradually moderating temperatures and rising consumer confidence.
Many retailers reported better-than-expected sales in February amid milder mid-month temperatures in many parts of the country.
Family Dollar Stores announced that it will continue to implement its strategic plan.
Zale Corp. announced that Jeannie Barsam has been named SVP merchandise planning and allocation, and Toyin Ogun has been named SVP human resources and customer service.
February same-store sales at Target advanced 1.8%, thanks to the addition of fresh food and consumables that are part of an aggressive remodeling program causing more people to shop its stores.
The weak sales and profits reported Wednesday by West Coast sporting goods retailer Big 5 weren’t a surprise, as the company had warned Wall Street more than a month ago that financial results would be below expectations.
Fresh & Easy Neighborhood Market has entered Northern California with the opening of its first store in San Jose.
Walmart announced that it has donated $100,000 to continue the Walmart Tribal College Scholarship Program.
OfficeMax announced that is unveiling a new and improved version of its TUL branded dry erase markers.