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Alberstons Beats Wall Street Estimates As Idents Gain

Alberstons Beats Wall Street Estimates As Idents Gain

by Mike Duff | Jul 25, 2023 | Retail Articles

Although earnings slipped year over year, Albertsons beat Wall Street estimates for the first quarter driven by a gain in identical sales, even if inflation was part of the increase.  Net income was $417.2 million, or 72 cents per diluted share, versus $484.2 million,...
Revamped Walmart.com Features Easier Engagement, More Social Look

Revamped Walmart.com Features Easier Engagement, More Social Look

by Mike Duff | Apr 4, 2023 | Retail Articles

Walmart has changed its online look to include more streamlined and social media-style homepages on its desktop and mobile sites which also have been reconfigured to better highlight seasonal initiatives. In a blog post announcing the changes to the company website,...
Trader Joe’s ‘Most Loved’ Offline Brand; Sam’s Club No. 3 Online

Trader Joe’s ‘Most Loved’ Offline Brand; Sam’s Club No. 3 Online

by Mike Duff | Mar 21, 2023 | Retail Articles

In Engagement Labs’ TotalSocial Most Loved Brands this year the strong response to one retailer’s offline presence may not surprise anyone, but the appearance of another in the online top 10 might catch some unaware. Engagement Labs, which monitors online...
For Overstock Transformation, There’s No Place Like Home

For Overstock Transformation, There’s No Place Like Home

by Chandler Harvey | Feb 28, 2023 | Featured News, Retail Articles, The Inspired Home Show 2023

As it transitions to a specialty home digital retailer, Overstock is adding products, upgrading its site and aggressively marketing itself so consumers understand its new positioning, CEO Jonathan Johnson told HomePage News. Although it faces the same challenges most...
Rent-A-Center Becomes Upbound Group As Q4 Sales, Earnings Slip

Rent-A-Center Becomes Upbound Group As Q4 Sales, Earnings Slip

by Mike Duff | Feb 24, 2023 | Retail Articles

As it reported fourth-quarter and full-year financial results, which beat a Wall Street earnings estimate despite being down year over year, Rent-A-Center announced it was changing its corporate name to Upbound Group, with its banners retaining their identities. Net...
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