Despite strong digital sales, Chico’s FAS Inc. net sales for its fiscal first quarter ended May 2 decreased 46% year over year to $280.3 million, a 45.9% decrease from $517.7 million in its Q1 2019. The apparel retailer reported a net loss of $178.3 million, compared with a net income of $2.0 million. Chico’s, No. […]
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