by Mike Duff | Aug 17, 2022 | Featured News, Retail Articles
After experiencing an inventory glut as the year began, Target decided to quickly address the merchandise excess. Although it believes doing so positioned the company for better margins in the back end of the year, the determination pressured second-quarter...
by Mike Duff | Aug 16, 2022 | Featured News, Retail Articles
Home Depot continued to make gains in the second quarter despite changing consumer demand, supply chain complications and a variable macroeconomic environment. Home Depot net earnings were $5.17 billion, or $5.05 per diluted share, compared with net earnings of $4.81...
by Mike Duff | Aug 16, 2022 | Featured News, Retail Articles
Walmart put up solid numbers in its second quarter after moves to cut costs and shift emphasis as consumer spending patterns changed under the influence of inflation. Walmart net income was $5.15 billion, or $1.88 per diluted share, versus $4.28 billion, or $1.52 per...
by Mike Duff | Jun 28, 2022 | Retail Articles
The COVID-19 pandemic is no longer a major reason to shop online for consumers in the United States, according to market research from Pitney Bowes Boxpoll. Pitney Bowes discovered that markdowns on items such as casual apparel, home appliances and furniture will...
by Mike Duff | Jun 6, 2022 | Retail Articles
In an operational advance, Walmart has announced plans to build four new high-tech fulfillment centers including a 1.1- million-square-foot facility in Joliet, IL. The company also announced plans to build a 1.5-million-square-foot, high-tech fulfillment center in...
