Bed Bath & Beyond Inc. beat Wall Street expectations for its third quarter net earnings even as they declined from the same quarter in fiscal 2013.
Sales for the fourth quarter of fiscal 2014 at Havertys Furniture Companies Inc. increased 9% to $213 million, compared with $196.2 million for the fourth quarter of fiscal 2013.
The specialty apparel and home goods chain C. Wonder is shuttering its remaining stores, according to Buzzfeed.
The Conference Board said Tuesday that consumer confidence in November fell to a reading of 88.7, down from a revised 94.1 in October. The drop, which surprised analysts, put the index at its lowest level since June.
The Home Depot Inc. faces at least 44 lawsuits connected with a data breach that affected the retailer from April-September 2014.
Lowe’s Companies raised its full-year profit and sales forecast as strong home improvement spending boosted its profits and sales in the third quarter.
Ross W. (Bill) McCanless will be joining Lowe’s Companies Inc. as general counsel, secretary and chief compliance officer, effective Jan. 12, 2015.
The Home Depot Inc. showed solid performance in the third quarter of fiscal 2014 despite reporting a major data breach in September, but still has not fully accounted for all the costs related to the breach.
Lowe’s Companies Inc. is among the first users of an omnichannel fulfillment solution that is being jointly developed by JDA Software Group Inc. and IBM.