by Mike Duff | Apr 29, 2025 | Retail Articles
Beyond, Inc. beat Wall Street on earnings for its first quarter ended March 31, but revenue fell short of expectations as the company reset operations in an effort to return to growth. Beyond posted a net loss of $39.9 million, or 74 cents per diluted share, versus a...
by Mike Duff | Apr 28, 2025 | Retail Articles
Dollar Tree has appointed Roxanne Weng chief supply chain officer, taking over from Mike Kindy, who is retiring. Weng (pictured above) has more than 30 years of retail operational leadership experience, the company stated, mostly at Walgreens. While there, she held...
by Mike Duff | Apr 28, 2025 | Retail Articles
Variety Wholesalers reported it will reopen 132 Big Lots stores in May after a January agreement kept the banner in operation. Big Lots filed for Chapter 11 bankruptcy protection in September 2024. The May store reopening initiative follows on Variety Wholesalers...
by Mike Duff | Apr 28, 2025 | Retail Articles
After executing a 20-to-1 reverse stock split of its common shares and regaining compliance with the NASDAQ exchange, Newegg Commerce has released its financial results for the latest full fiscal year. Net loss in fiscal 2024 was $43.3 million versus $59 million in...
by Mike Duff | Apr 25, 2025 | Retail Articles
Market researcher Morning Consult reported consumer confidence in the United States is dropping at different rates depending on household income. The Morning Consult U.S. Consumer Confidence Tracker, a continually updated study of consumer personal finances and...
