Skip to content

Victoria’s Secret, Macy’s Will Show How Bad Things Are in Retail

  • L Brands, TJX to report quarterly earnings this week
  • Store shutdowns have resulted in lost sales, bankruptcies
relates to Victoria’s Secret, Macy’s Will Show How Bad Things Are in Retail
Photographer: Andrew Chin/Getty Images

The coronavirus pandemic has inflicted widespread pain on the American retail industry. Investors are about to learn just how much.

Several of the biggest names in shopping are set to report quarterly earnings this week, including Victoria’s Secret owner L Brands Inc. and TJX Companies Inc., which owns discount chains T.J. Maxx and Marshalls. Macy’s Inc. will release a portion of its results, after it delayed the full report until July.