by Mike Duff | Aug 25, 2022 | Retail Articles
To celebrate Black Business Month and the first-year anniversary of Amazon’s Black Business Accelerator, Amazon is introducing a new and easy way for customers to discover Black-owned businesses. Amazon announced that it is testing the Black-Owned Business badge as a...
by Mike Duff | Aug 24, 2022 | Retail Articles
As has been the case with other retailers, Nordstrom has recently faced some inventory issues, but it managed sales and earnings gains in the second quarter, giving Wall Street a little surprise along the way. Net earnings were $126 million, or 77 cents per diluted...
by Mike Duff | Aug 23, 2022 | Featured News, Retail Articles
Macy’s got dinged by macroeconomic and retail trends in the second quarter even as it topped Wall Street estimates, and now it is working to position itself for a strong holiday season. Macy’s net income in the quarter was $275 million, or 99 cents per diluted...
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...
