The multi-banner Japanese retailer returned to the black in its fiscal first quarter ended June 30, posting a profit of ¥2,080 million ($19.0 mm) against a loss of ¥477 million, on sales that increased 37% to ¥55,973 million ($511.6 mm) from ¥40,856 million. Profits are still down 45% from 2019 level, while sales are off 8%. Most of the store fleet is now open with traffic restrictions, but more visits to brick-and-mortar stores and continued strength in e-commerce helped the recovery from last year. Golf drove the improvement, increasing 52% to ¥19,670 million, ... Log in to view full article.