FDRA

Target Corp. reported second-quarter comparable sales grew 24.3 percent, the strongest the company has ever reported. Store comparable sales increased 10.9 percent. Digital comparable sales grew 195 percent, accounting for 13.4 percentage points of Target’s comparable sales growth. Overall sales were $22.7 billion against $18.2 billion,...

Payless, which emerged from bankruptcy protection in January after closing all its 2,100 stores in the U.S., announced plans to open 300-to-400 standalone stores nationwide in the next three to five years. The discount shoe chain is relaunched an e-commerce site in the U.S. on August...

Foot Locker Inc. provided a sales and earnings update for the second quarter of 2020 ended August 1, 2020. The company announced that comparable-store sales increased by approximately 18 percent for the second quarter. Additionally, diluted earnings per share for the same period, which include...

The Council of Fashion Designers of America (CFDA) has promoted CaSandra Diggs to president of the organization. Diggs is a veteran to the organization and fashion industry having joined the CFDA in 2001. Most recently she served as CFDA’s chief administrative and financial officer. As president, she...