by Mike Duff | May 22, 2024 | Retail Articles
Target first-quarter earnings declined year over year, disappointing Wall Street. However, the company’s chair and CEO, Brian Cornell, said that recent moves, including price cuts the company has been rolling out, position it for a return to growth. Net earnings were...
by Mike Duff | May 21, 2024 | Retail Articles
Despite a decline in do-it-yourself shopper sales, Lowe’s managed to beat Wall Street estimates for earnings and revenues in the first quarter. Net earnings were $1.76 billion, or $3.06 per diluted share, versus $2.26 billion, or $3.77 per diluted share, in the...
by Mike Duff | May 2, 2024 | Retail Articles
The Williams-Sonoma Pottery Barn Teen banner is launching new digital tools and an enhanced shopping and design service experience for dorm essentials, including bedding, bath, storage and décor. Consumers can use the tools to shop the banner’s largest dorm collection...
by Mike Duff | Apr 30, 2024 | Retail Articles
To expand and freshen the range of products available to its customers, Nordstrom is launching its own marketplace online as it upgrades its digital operation. Nordstrom stated that the marketplace would allow it to add more products, as well as brands and sizes that...
by Mike Duff | Apr 23, 2024 | Retail Articles
E-commerce spending in the United States reached $1.3 trillion in 2023, setting an annual record up from $1.09 trillion in the year before, according to the annual Comscore State of Digital Commerce report, even as fourth-quarter spending of $389.2 billion surpassed...
