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Numerator: Consumer Confidence Steady as Saving, Debt Paydown Prevails

Numerator: Consumer Confidence Steady as Saving, Debt Paydown Prevails

by Mike Duff | Mar 20, 2025 | Retail Articles

Market researcher Numerator reported consumer confidence held steady by the company’s measure in February, with 36% of consumers saying they’re putting spare cash in savings and 33% saying they’re paying down debt. However, 11% of consumers said they...
Costco Boosted by Housewares Despite Missing on Q2 Earnings

Costco Boosted by Housewares Despite Missing on Q2 Earnings

by Mike Duff | Mar 10, 2025 | Retail Articles

Non-foods, including home categories, came on strong in the second quarter for Costco Wholesale Corp., helping to drive comparable store, revenue and income gains. Net income was $1.79 billion, or $4.02 per diluted share versus $1.74 billion, or $3.92 per diluted...
Placer.ai: Supercenter Sector Foot Traffic Gaining but Not As Fast as Warehouse Club

Placer.ai: Supercenter Sector Foot Traffic Gaining but Not As Fast as Warehouse Club

by Mike Duff | Feb 26, 2025 | Retail Articles

Looking at traffic trends at some of the biggest retailers in the United States, Placer.ai noted that superstores and warehouse clubs saw more foot traffic in early 2025. In 2024, warehouse clubs outperformed superstores, with Costco Wholesale Club, BJ’s Warehouse...
Costco Boosted by Housewares Despite Missing on Q2 Earnings

Nonfoods, E-Commerce Drive Costco January Comp Gains

by Mike Duff | Feb 10, 2025 | Retail Articles

Costco Wholesale Corp for its fiscal month of January posted net sales of $19.51 billion versus $17.87 billion in the month a year before. With the effects of changes in gasoline prices and foreign exchange excluded, Costco’s comparable stores sales advanced...
Discount, Off-Price Stores Saw Biggest Holiday Traffic Gains

Discount, Off-Price Stores Saw Biggest Holiday Traffic Gains

by Mike Duff | Jan 27, 2025 | Retail Articles

The Coresight Research Holiday Wrap Up noted store traffic during the holiday season was often up at major retail chains and shopping centers with deals driving most purchase decisions. The increase in store traffic occurred generally in the discount store and...
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