by Mike Duff | Jan 17, 2025 | Retail Articles
Gen Z is redefining retailing, declared Adyen, a global financial technology platform, citing a survey it conducted where 73% of 18-27-year-olds said they shop in-store at least once a week compared to 65% of Baby Boomers. When asked whether they considered shopping...
by Mike Duff | Jan 9, 2025 | Retail Articles
For the fiscal month of December, Costco Wholesale Corp. posted net sales of $27.52 billion, up 9.9% from the year-earlier period. Comparable sales, with the effect of changes in gasoline prices and foreign exchange excluded, were up 9.9% versus the fiscal month a...
by Mike Duff | Dec 4, 2024 | Retail Articles
The five-day holiday weekend from Thanksgiving through Cyber Monday saw an estimated 197 million active shoppers, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. The total is second highest in the poll’s...
by Mike Duff | Aug 12, 2024 | Retail Articles
Costco Wholesale Corp. reported net and comparable sales gains highlighted by strong e-commerce results for its fiscal July period. Non Foods sales also showed strength at Costco during the four-week period ended August 4, the company reported. Net sales were $19.26...
by Mike Duff | Jul 24, 2024 | Retail Articles
Best Buy is repositioning the customer-facing part of the business, including promoting a new tagline, Imagine That, introducing fresh advertising and enhancing the service offering, to better serve the range of shoppers in the way they want and reemphasize the thrill...