VICTORIA’S SECRET TO CLOSE 250 STORES, STARBUCKS’ SALES ON THE RISE, OFF-PRICE RETAILERS ROSS AND TJX Q1 SALES DOWN >50%

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  1. Victoria’s Secret parent company ‘L Brands’ to close 250 stores. Story by Lauren Thomas.
  2. Starbucks sales are on the rise as the company continues to reopen its cafes. Coverage from Marianne Wilson.
  3. Ross Stores earnings fell far short of views, after off-price rival TJX missed Q1 estimates but said said sales at reopened stores have been strong so far. Reporting from Bill Peters.

Source: Victoria’s Secret parent company L Brands set to close 250 stores, and that could just be the start | CNBC

Source: Starbucks’ sales in recovery mode; to open more pick-up only stores in the future | CSA

Source: Ross Stores Earnings Miss After TJX Earnings Miss But Reopened Store Sales Strong| Investor’s Business Daily | Investors Business Daily

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