by Mike Duff | Jul 24, 2023 | Retail Articles
In a Circana study, June retail sales revenues in the United States, combining discretionary general merchandise and consumer packaged goods, increased by 1% versus the 2022 month as unit sales declined by 3%. The results included declines of 4% in dollar sales and 9%...
by Mike Duff | Aug 17, 2022 | Retail Articles
The Lowe’s Cos. beat a Wall Street earnings estimate even as revenue came in lower than anticipated. The company posted net earnings of $2.99 billion, or $4.67 per diluted share, versus $3.02 billion, or $4.25 per diluted share, in the 2021 quarter. Lowe’s...
by Mike Duff | Jul 12, 2022 | Retail Articles
Numerator research conducted early in July indicates consumer demand, softening somewhat under the influence of inflation, is driving more business to warehouse clubs and dollar stores. In-store spending at clubs and dollar stores is up 15% and 14%, respectively....