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Retailers Land on Dow Jones, Newsweek Corporate Responsibility Lists

Retailers Land on Dow Jones, Newsweek Corporate Responsibility Lists

by Mike Duff | Dec 13, 2022 | Retail Articles

Two measures of corporate responsibility have just emerged —  one from S&P Dow Jones Indices and the other from Newsweek — and they each include a roll call of retailers. Only three retailers, however, are on both: Lowe’s Cos. Best Buy and Gap. The two social...
Best Buy, TalkShopLive Partner for In-Store Pickup of Livestream Purchases

Best Buy, TalkShopLive Partner for In-Store Pickup of Livestream Purchases

by Mike Duff | Dec 13, 2022 | Retail Articles

Live commerce platform TalkShopLive has announced that it has developed a partnership with Best Buy that will result in customers getting the option for in-store pickup for the first time. The livestream partnership will allow for elimination of costly shipping...
Numerator: Amazon Leads on Black Friday Weekend

Numerator: Amazon Leads on Black Friday Weekend

by Mike Duff | Dec 9, 2022 | Retail Articles

Market researcher Numerator has pegged Amazon as the Black Friday Weekend sales leader. In its report on the shopping period, Numerator stated: Amazon captured 17.7% of dollars spent, which was a jump from its average 10.1% share in the latest 52 weeks ending...
Numerator: Black Friday Sparks Thanksgiving Weekend Sales but Inflation Weighs In

Numerator: Black Friday Sparks Thanksgiving Weekend Sales but Inflation Weighs In

by Mike Duff | Nov 30, 2022 | Retail Articles

With the Thanksgiving to Cyber Monday 2022 shopping period in the past, Numerator revealed research on consumer response to the economics, operations and promotions that influenced the day. According to Numerator: 87% of Thanksgiving weekend shoppers revealed that...
Best Buy Q3 Sales, Earnings Decline but Beat Wall Street Estimate

Best Buy Q3 Sales, Earnings Decline but Beat Wall Street Estimate

by Mike Duff | Nov 22, 2022 | Retail Articles

Best Buy sales and earnings tumbled in the third quarter, but they still came in ahead of a Wall Street estimate. For the quarter, net earnings were $277 million, or $1.22 per diluted share, versus $499 million, or $2 per diluted share, in the year-earlier quarter,...
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