by Mike Duff | Feb 25, 2022 | Retail Articles
With an enriching fourth quarter, Overstock managed to beat a Wall Street earnings estimate but fell short on sales. Company net income from continuing operations in the quarter was $32.9 million, or 68 cents per diluted share, versus $23.2 million, or 48 cents per...
by Mike Duff | Feb 24, 2022 | Retail Articles
Even as it released its fourth-quarter financials, Aaron’s Co. announced that it has entered into a definitive agreement to acquire BrandsMart U.S.A. for $230 million in cash. The transaction, the purchaser stated, would deliver Aaron’s more than $3...
by Mike Duff | Feb 21, 2022 | Retail Articles
At a time when the company is adding fresh faces to boost its e-commerce, Bed Bath & Beyond announced that it has appointed Minesh Shah, chief operations officer at Stitch Fix to its board of directors, effective March 1. Stitch Fix is an e-commerce operation that...
by Mike Duff | Feb 17, 2022 | Retail Articles
Walmart enjoyed a stellar fourth-quarter beating Wall Street on earnings as comparable sales made significant gains. In the fourth quarter, company net income was $3.56 billion, or $1.28 per diluted share, versus a net loss of $2.09 billion, or 74 cents per diluted...
by Mike Duff | Feb 16, 2022 | Retail Articles
Digital retailer Wish has launched shoppable videos dubbed Wish Clips, a new feature designed to enhance the customer experience and simplify the path to purchase. Each shoppable video experience enables users to gain additional information about products featured in...
