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Last year, Rowe's strategy of reducing promotions and investing in lower prices paid off, helping the chain post its first rise in underlying sales over Christmas for six years.
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In June, BMW said 8,000 UK-based jobs would be at risk if delays were caused to its supply chain post-Brexit.
[C5.] COST-CUTTING HELPS Blockbuster, the movie rental chain, posted a quarterly profit that exceeded analysts' estimates.
Barnes & Noble, the nation's largest bookstore chain, posted fiscal second-quarter results yesterday that easily surpassed Wall Street expectations.
The discount chain posted larger-than-expected gains and raised the low end of its full-year forecast.
Rite Aid, the drugstore chain, posted disappointing quarterly results on Thursday on weak sales of prescriptions and seasonal items.
Walgreen, the large drugstore chain, posted a better-than-expected 25percentt increase in quarterly profit yesterday, bolstered by strong holiday sales and continued growth in prescription drugs.
Barnes & Noble, the bookstore chain, posted its first quarterly profit in almost two years yesterday on increased sales of books and video-game systems during the holidays.
The Lowe's Companies, the second-largest home improvement chain, posted a 30percentt drop in quarterly profit on Monday as consumers put off big renovations.
Macy's Inc, the department store chain, posted a wider quarterly loss on Wednesday, hurt by a persisting decline in sales as shoppers shunned extraneous items.
Marks & Spencer boss Sir Stuart Rose drew encouragement from recent trading today after the chain posted an unexpected rise in half-year profits.
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