by Mike Duff | Nov 4, 2021 | Retail Articles
As consumers changed their shopping patterns in a market less threatened by COVID-19, Wayfair took a step back in both revenues and earnings during the third quarter, although profits did beat a Wall Street estimate. Net loss was $78 million, or 75 cents per diluted...
by Mike Duff | Nov 2, 2021 | Retail Articles
In October, manufacturing sector economic activity grew, achieving a 17th consecutive month of gains, according to the latest Institute for Supply Management Manufacturing Report, but raw material and transportation challenges remain potential headwinds to further...
by Mike Duff | Oct 27, 2021 | Featured News, Retail Articles
Despite headwinds including supply chain challenges, labor shortages and inflation, National Retail Federation president Matthew Shay said in a press event introducing the NRF holiday forecast that “very, very strong” momentum based on consumer spending has the...
by Mike Duff | Oct 26, 2021 | Retail Articles
Walmart headquarters workers are headed back to the office as the company balances innovation and culture. After time working at home, which began as accommodate to COVID-19 pandemic risks and not long after the retailer opened a newly configured headquarters campus,...
by Mike Duff | Oct 26, 2021 | Retail Articles
Traffic tracking market research firm Placer.ai did an analysis of Target’s Deal Days promotion, October 10 through 12, and came away with a positive impression even versus the most recent comparable period unaffected by the COVID-19 pandemic. A comparison of daily...