Page 8 - Same Store Sales News Today

Target Corp will invest $4 billion annually over the next several years as the big box retailer upgrades stores and strengthens its online business, hoping to cement gains made during the pandemic that led to blowout holiday quarter results.

Target Corp will invest $4 billion annually over the next several years as the big box retailer upgrades stores and strengthens its online business, hoping to cement gains made during the pandemic that led to blowout holiday quarter results.

Kohl's Corp posted holiday-quarter profit and sales beyond market expectations on Tuesday, as it reined in costs and Americans loaded their online shopping carts with not just essentials but also leisure goods.

2 Min Read (Reuters) - Best Buy Co Inc signaled a slowdown in the coronavirus crisis-driven demand for remote-work computer equipment on Thursday as it missed holiday-quarter sales estimates, sending its shares down 8%. The rise of home offices and a shift to remote learning by schools raised demand for laptops, webcams, and other computer equipment last year, making Best Buy one of the bigger retail winners of the COVID-19 pandemic. However, the consumer electronics retailer is unsure how the ...

2 Min Read (Reuters) - Best Buy Co Inc signaled a slowdown in the coronavirus crisis-driven demand for remote-work computer equipment on Thursday as it missed holiday-quarter sales estimates, sending its shares down 8%. The rise of home offices and a shift to remote learning by schools raised demand for laptops, webcams, and other computer equipment last year, making Best Buy one of the bigger retail winners of the COVID-19 pandemic. However, the consumer electronics retailer is unsure how the ...

3 Min Read (Reuters) - Domino’s Pizza Inc on Thursday posted a slowdown in quarterly same-store sales growth, as stiff competition from rival fast-food chains, an uptick in indoor dining trends and pandemic-related costs ate into its business. FILE PHOTO: A Dominos Pizza restaurant is seen in Los Angeles, California, U.S. July 18, 2018. REUTERS/Lucy Nicholson Shares of the company slid 8% as its U.S. same-store sales growth slowed to 11.2% from 17.5% in the previous quarter, and also missed m...

2 Min Read (Reuters) - Lowe’s Cos Inc on Wednesday backed its expectations for a sales decline in 2021, even after reporting a blow-out fourth quarter by riding on a sustained boom in demand from people sprucing up their homes during the COVID-19 pandemic. The home improvement chain and larger rival Home Depot Inc were among the biggest retail winners last year as Americans, who were forced to curtail their spending on travel and leisure activities, poured money into minor remodeling and repa...

By Reuters Staff 2 Min Read (Reuters) - Discount store operator TJX Cos Inc missed estimates for holiday-quarter results on Wednesday, as coronavirus-induced lockdowns in Europe and Canada shaved about $1 billion off its sales. FILE PHOTO: A T.J. Maxx store which is owned by TJX Cos Inc in Pasadena, California U.S., May 15, 2017. REUTERS/Mario Anzuoni Shares of the T.J. Maxx parent fell about 3% to $68.38 in premarket trading. Sales of retailers that sell discretionary items have remained pre...

Discount store operator TJX Cos Inc missed estimates for holiday-quarter results on Wednesday, as coronavirus-induced lockdowns in Europe and Canada shaved about $1 billion off its sales.

Discount store operator TJX Cos Inc missed estimates for holiday-quarter results on Wednesday, as coronavirus-induced lockdowns in Europe and Canada shaved about $1 billion off its sales.