Tag: Financial Performance
LL Flooring, formerly Lumber Liquidators, is going out of business and closing all of its stores
NEW YORK -- LL Flooring, the hardwood flooring retailer formerly known as Lumber Liquidators, is going out of business.Less than a month after...
The century-old Nordstrom department store chain gets a $3.76 billion bid from the Nordstrom family
NEW YORK -- Members of the Nordstrom family with the help of a Mexican retail group are offering to take the century-old department...
Best Buy reports another drop in quarterly sales as shoppers remain cautious about gadget spending
Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans pull back on purchases of appliances and...
Asian benchmarks mostly decline as markets await Nvidia earnings
TOKYO -- Asian shares were mostly lower Wednesday, despite a record high on Wall Street, as investors awaited a closely watched earnings report...
US home sales ended a 4-month slide in July amid easing mortgage rates, more homes on the market
LOS ANGELES -- Sales of previously occupied U.S. homes ended a four-month slide in July as easing mortgage rates and a pickup in...
Macy's swings to a second quarter profit, but sales surprisingly weak as customers grow cautious
NEW YORK -- Macy's swung back to a profit in its second quarter but suffered yet another sales decline as inflationary weary shoppers...