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Costco, Nordstrom And Abercrombie Results Showcase Retail Fortunes Across Three Verticals

Retail TouchPoints

Nordstrom, like many other department stores, had a much weaker quarter: overall sales fell 40% , with full-price locations dropping 36% and the off-price division declining 45%. The declines were attributed to store closures, though the retailer has reopened about 40%.

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Chewy’s sales jump despite challenging economic environment

Retail Dive

and its total operating expenses increased about 7.3% You can unsubscribe at anytime. Dive Brief: Focused on expanding loyalty services and its sponsored ad business, Chewy’s first quarter net sales increased 8.3% year over year to $3.1 billion, according to a company press release Wednesday. billion to $3.09 TechTarget, Inc.s