From an economic perspective, today’s Supreme Court ruling will come as a relief for states desperate for revenue.
Kroger has started its fiscal year on an optimistic note, with solid increases in both total and underlying sales.
Following on from a robust Q4, Abercrombie & Fitch has continued its run of success with another solid set of sales numbers.
Although Gap’s headline first-quarter sales growth looks very strong, the reality is that it is inflated by both currency gains and a change in the way revenue is accounted for.
Today’s robust results from Best Buy serve as a reminder that with focus and effort it is possible for any retailer to succeed against Amazon and other online players.
Although Target’s numbers have softened since the last quarter, this is nevertheless a pleasing performance which shows that the company’s various initiatives are delivering growth.