The retailer expects the closures to enhance its capital efficiency, deliver higher productivity and be accretive to earnings.
L Brands Inc. met Wall Street expectations with profit and revenue in the second quarter of fiscal 2015.
Stein Mart plans to open nine new stores in the third quarter, as well as six new stores in spring 2016 and at least six new stores in fall 2016.
The Buckle Inc. beat Wall Street expectations for profit in the second quarter of fiscal 2015.
Increased retail operating expenses helped reduce profit at Ace Hardware Corp. during the second quarter of fiscal 2015.
Lawn fertilizer, grass and weed killer, and propane grills were the top three categories driving small-scale growth at True Value Co. during the second quarter of fiscal 2015.
A rival Midwestern grocery chain is reportedly accusing regional mass merchandiser Meijer Inc. of offering unfairly low prices on grocery products.
Puerto Rico calls to many with warm weather, beautiful beaches and friendly people.
Fast-casual pizza chain PizzaRev is cutting into the Mexican market. PizzaRev has signed a franchise agreement with Grupo Galería to bring PizzaRev to Mexico.
Staples Inc. met Wall Street expectations with declining profit in the second quarter of fiscal 2015.