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Tag: quarter

For some apparel retailers, Q3 was a comeback quarter

Stripping consumers of their last reasons to buy new clothes — the need to dress up for work or play — was not exactly what the apparel industry needed, in light of the sector’s already ebbing growth and cloudy future. But that was exactly the environment created by the pandemic in the last several months, …

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E-commerce sales surge for food & grocery retailers in April-June quarter, Retail News, ET Retail

Kolkata/Mumbai: The contribution of e-commerce and home delivery of orders has surged to a record 15-20% for India’s top food and grocery retail chains during the April-June quarter as compared to 3-5% earlier, indicating a distinct shift in shopping habits due to the Covid-19 pandemic in India. Leading brick-and-mortar chains such as Reliance Retail, Spencer’s …

E-commerce sales surge for food & grocery retailers in April-June quarter, Retail News, ET RetailRead More

Waitrose to set aside quarter of delivery slots for elderly shoppers | Business

Waitrose is setting aside at least a quarter of its online grocery delivery slots for elderly and vulnerable shoppers amid rising concern about food supplies for those isolated at home. The supermarket is also expanding its online delivery operation as Tesco limits online shoppers to 80 items per order to free up space in delivery …

Waitrose to set aside quarter of delivery slots for elderly shoppers | BusinessRead More

Gap (GPS) reports fourth quarter 2019 earnings

Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Gap Inc. on Thursday reported fourth-quarter earnings and sales that topped analysts’ estimates, as it announced a slew of new leadership changes. Its shares initially jumped more than 5% in after-hours trading on the news. The stock was recently up about …

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Stitch Fix (SFIX) reports second quarter fiscal 2020 sales miss

Katrina Lake, CEO of Stitch Fix Adam Jeffery | CNBC Stitch Fix shares tumbled more than 40% Monday after the personal styling service reported quarterly sales that missed analysts’ estimates and issued a disappointing outlook for the current quarter and full year. In a separate letter to shareholders, Stitch Fix said it now expects net revenue …

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Nordstrom (JWN) reports fourth quarter 2019 earnings miss

Rolls of gift paper hang on display at a Nordstrom Local concept store in New York, Sept. 5, 2019. Demetrius Freeman | Bloomberg | Getty Images Nordstrom announced Tuesday it is changing its leadership structure, appointing Erik Nordstrom as sole CEO and retiring its co-presidency. It announced the changes as it reported fourth-quarter earnings and sales …

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Kohl’s (KSS) reports fourth quarter 2019 earnings beat

Dina Rudick | The Boston Globe | Getty Images Kohl’s shares rose Tuesday morning as the retailer reported quarterly earnings and net sales that beat analysts’ expectations. CEO Michelle Gass said the chain saw an “acceleration of traffic,” and new customers in stores and online, with Kohl’s launching a slew of new brands ahead of …

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Wayfair (W) reports fourth-quarter 2019 earnings miss

A Wayfair employee works at his desk at the Boston headquarters of Wayfair on July 31, 2018. Suzanne Kreiter | Boston Globe | Getty Images Wayfair‘s stock tanked Friday morning, after the online furniture retailer’s losses widened more than expected during the holiday quarter. Its shares were recently down more than 15% in premarket trading. …

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JC Penney (JCP) reports fourth quarter 2019 earnings

A woman shops for clothing at the JC Penney store in the Roosevelt Field Mall in Garden City, New York. Saul Martinez | Bloomberg | Getty Images J.C. Penney‘s fourth-quarter earnings topped analysts’ expectations, despite steep sales declines during the holiday season, the company said Thursday morning. Its stock, which trades below $1, jumped more …

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L Brands (LB) reports fourth quarter 2019 earnings

Pedestrians walk past a Victoria’s Secret store, a subsidiary of L Brands, in New York. Craig Warga | Bloomberg | Getty Images L Brands reported earnings and sales for the holiday quarter that topped analysts’ expectations, as it prepares to take its Victoria’s Secret lingerie business private. Its shares were relatively unchanged in after-hours trading …

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