DSW’s profits fell 23 percent in the first quarter.
Foot Locker’s profits fell 6 percent in Q1, hurt by tax refund delays.
He will continue as chief creative officer and take on the new title of president in July.
The company had a few hits and misses.
E-commerce sales at Walmart skyrocketed 63 percent during the first quarter.
The retailer’s stock is taking a hit after the company didn’t meet Q1 expectations.
After reporting worse results than a year ago, the department store’s stock took a hit.
The company also announced a new share-buyback program.
The department store reported Q1 earnings.