by Mike Duff | Jun 6, 2023 | Retail Articles
Presenting at the 2023 dbAccess Global Consumer Conference in Paris, Newell Brands president and CEO Chris Peterson and CFO Mark Erceg provided an update on the company’s strategic priorities, capital allocation framework and Evergreen Targets as part of focusing and...
by Mike Duff | Jun 6, 2023 | Featured News, Retail Articles
National Retail Federation Chief Economist Jack Kleinhenz stated as part of NRF’s Monthly Economic Review that typical indicators are providing conflicting signs, but he added the nation does not appear to be in a recession and should be headed toward a soft landing...
by Mike Duff | Jun 6, 2023 | Retail Articles
As it continues to add stores, BJ’s Wholesale Club keeps moving further west of its traditional East Coast operating territory and will open its first store in Tennessee. Slated to open in La Vergne, TN on Wednesday, June 14, the club will operate 20 miles from...
by Mike Duff | Jun 5, 2023 | Retail Articles
The Qurate Retail Group, continuing to expand it selling scope, has struck a new streaming deal with Vizio featuring an array of kitchen- and home-focused programming. In the deal, QVC and HSN have launched a free, dual-interactive streaming shopping service through...
by Mike Duff | Jun 5, 2023 | Retail Articles
Nordstrom performed better in its first quarter than Wall Street expected despite lower sales at full-line department stores and its off-price Rack operation. Net loss was $205 million, or $1.27 per diluted share, versus net earnings of $20 million, or 13 cents per...