Retail Focus 8/3/18 – Lumber Liquidators Slips, Grocery News With Sprouts and Publix
We start with the roller coaster ride that is Lumber Liquidators, as they miss analyst expectations thanks to slightly eroding margins. Another niche mall retailer in Brookstone goes bankrupt, and we talk about why it isn’t the indictment on malls it may seem. Plus, Sprouts and Publix both released earnings this week—we look at the plan of one to cut into market share of another in Florida.
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