Sears reported a net loss of $748 million in the third quarter of 2016. This loss results in store closures and downsizing of existing store locations. See what other plans are in place for Sears as it moves forward.
FedEx said this week that its third quarter earnings took a direct hit thanks, in most part, to severe weather during the holiday shopping season.
J. Crew has released its third quarter financials on Dec. 4, showing a revenue increase of 11% to $618.8 million. Store sales increased 7% to $420.2 million and direct sales increased 21% to $189.8 million.