by Mike Duff | May 18, 2023 | Featured News, Retail Articles
During the first quarter, Walmart made significant financial strides despite weaker general merchandise sales as more and higher-earning shoppers looked to the retailer for value in consumables and food, the company reported. Walmart posted a company net income of...
by Mike Duff | May 17, 2023 | Featured News, Retail Articles
In the first quarter, Target Corp. shoppers visited stores more but spent less per visit for softer year-over-year earnings and flat comparable sales during a period still strong enough for Target to top Wall Street estimates. The company is adjusting operations to...
by Mike Duff | May 12, 2023 | Retail Articles
Marshalls has launched what it characterizes as an inaugural seasonal report, The Edit by Marshalls, which showcases its buying process and insights from Marshalls’ team buyers. The TJX Corp. banner is introducing The Edit by Marshalls alongside an all-new...
by Mike Duff | May 8, 2023 | Retail Articles
In April, Costco Wholesale Corp. sales gained across its division led by food and consumables. The company recorded net sales of $17.85 billion for the month, an increase of 3% from the April a year earlier. Comparable store sales excluding the effects of fuel and...
by Mike Duff | May 4, 2023 | Featured News, Retail Articles
The previously announced return-to-profits initiative by Wayfair took a step forward as the company reduced adjusted losses and bested Wall Street expectations for the first quarter. Net loss in the quarter was $355 million, or $3.22 per diluted share, versus $319...
