What happened Actions of The container store (NYSE: TCS) jumped to 22% after the company announced a new CEO and provided an update on the company. As of 12:30 p.m. EST, the headline was still up 11%. So what The Container Store has appointed Satish Malhotra as its new CEO, effective February 1, replacing current […]
Jhe COVID-19 pandemic has had a devastating impact on many businesses. Department stores have been among the biggest losers due to their focus on selling clothing and their continued reliance on in-store sales, often in malls. A U.S. department store chain actually improved year-over-year earnings for two consecutive quarters, however: Dillard’s (NYSE:DDS). Nonetheless, shares of […]
The COVID-19 pandemic has had a devastating impact on many businesses. Department stores were among the biggest losers due to their focus on selling clothing and their continued reliance on in-store sales, often in malls. However, a U.S. department store chain has improved year-over-year profits for two consecutive quarters: Dillard (NYSE: DDS). Nonetheless, Dillard’s stock […]