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Amazon, Costco, UPS Top 2024’s Corporate Reputation Rankings

Amazon, Costco, UPS Top 2024’s Corporate Reputation Rankings

by Mike Duff | Jan 23, 2025 | Retail Articles

Amazon, Costco and UPS have the best corporate reputation among the biggest listed companies in the United States in 2024, just ahead of well-respected brands such as FedEx and Lowe’s, according to Caliber, a stakeholder intelligence company. Retailers dominated the...
2024 in Retail: Navigating Twists, Turns, Transformation

2024 in Retail: Navigating Twists, Turns, Transformation

by Chandler Harvey | Dec 20, 2024 | Retail Articles

Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
CVS Initiates Restructuring as Q3 Earnings Miss Expectations

CVS Initiates Restructuring as Q3 Earnings Miss Expectations

by Mike Duff | Nov 6, 2024 | Retail Articles

CVS Health third-quarter earnings fell far short of a Wall Street estimate, but revenues beat expectations as the company embarked on a restructuring initiative. Company net income was $87 million, or seven cents per diluted share, versus $2.26 billion, or $1.75 per...
Where Walgreens Shoppers Plan To Spend After Store Closures

Where Walgreens Shoppers Plan To Spend After Store Closures

by Peter Giannetti | Oct 29, 2024 | Retail Articles

Walgreens shoppers surveyed by market researcher Numerator said they are prepared to switch to other drug chains and mass merchants if impacted by the planned closure of some 1,200 Walgreens stores. Walgreens recently reported it would close 1,200 underperforming...
CVS Initiates Restructuring as Q3 Earnings Miss Expectations

Joyner Takes CVS Reins As Lynch Exits Amid Rumors of Retail, Health Benefits Split

by Mike Duff | Oct 18, 2024 | Retail Articles

CVS Health, in an announcement accompanied by preliminary third-quarter financials, reported it appointed David Joyner president and CEO, replacing Karen Lynch, who stepped down from her position in agreement with the company’s board of directors. Joyner also...
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