Connor Hart

The discount retailer said it now expects comparable sales—or those from stores and digital channels operating for at least 12 months—to grow 6% to 7% in the current fiscal year, up from a prior outlook of up 3% to 4%.

The decision ends months of speculation that the two would merge and create one of the world’s largest beauty companies.

BJ’s Wholesale Club logged higher sales in its fiscal first quarter, as inflation-weary consumers continued to flock to the warehouse club in search of value.

The footwear and apparel company posted a profit of $135.6 million, boosted by momentum across its Hoka brand and enduring demand for Ugg.

Groupon will lay off nearly a quarter of its employees in a restructuring designed to advance its goal of rebuilding as an AI-native company.

Abercrombie & Fitch said sales climbed in its fiscal first quarter, even as the company faced softer demand in parts of the world due to the war in the Middle East.

Burlington Stores raised its outlook for the year after logging higher profit and sales in its fiscal first quarter, as concerns about inflation and the economy continued driving consumers to seek value.

Dollar Tree logged higher profit and revenue in its fiscal first quarter, as consumers continued to rely on the company for low-cost goods.

Kohl’s narrowed its loss during the first quarter on improved same-store sales.

Motorola Solutions has signed a deal to buy D-Fend Solutions for $1.5 billion, adding increasingly important counter-drone technologies to its portfolio of safety and security solutions.