In the second quarter, Keurig Dr Pepper recorded net earnings that matched a Wall Street estimate and sales that narrowly topped the forecast, with unit volume increasing in coffee machines and K-cups. In the U.S. Coffee segment, net sales slipped 2.1% to $1 billion...
In the report entitled Retailers’ Blind Spot for Holiday 2024, market researcher First Insight stated that uncertainty is pronounced as companies plan for the holidays. The First Insight survey asked retail executives about their merchandising decisions and external...
Conn’s HomePlus has filed for Chapter 11 protection with the United States Bankruptcy Court for the Southern District of Texas after revealing a store closing plan for 70 locations. However, if it is to emerge, a buyer may need to step forward. The Conn’s...
Best Buy is repositioning the customer-facing part of the business, including promoting a new tagline, Imagine That, introducing fresh advertising and enhancing the service offering, to better serve the range of shoppers in the way they want and reemphasize the thrill...
Economic activity across services industries contracted in June for the second time in the last three months, according to evidence gathered from purchasing and supply executives in the latest Institute for Supply Management Report On Business for the sector. Retail...