by Mike Duff | Apr 14, 2023 | Retail Articles
As inflation eased at winter’s end, retail sales slowed in March, but spending was still higher than at the same time last year, according to the National Retail Federation. The United States Census Bureau announced that overall retail sales in March slipped 1%...
by Mike Duff | Apr 11, 2023 | Retail Articles
As it awaits a merger with The Kroger Co., Albertsons continues to advance, posting sales and adjusted earnings gains above expectations. Net income was $311.1 million, or 54 cents per diluted share, versus $455.1 million, or 79 cents per diluted share, in the...
by Mike Duff | Apr 10, 2023 | Retail Articles
Non-food revenues were soft at Costco Wholesale Corporation in fiscal March as net sales came in at $21.71 billion, up 0.5% from the year-earlier month. Comparable store sales, excluding the effects of gasoline price and foreign exchange volatility, gained 2.6%. Comps...
by Mike Duff | Apr 10, 2023 | Retail Articles
Walmart is targeting higher income and younger consumers with an array of tools, among them remodeled stores that will provide a better shopping experience and help the company leverage price, membership and convenience to draw a broader range of customers. On April...
by Mike Duff | Apr 5, 2023 | Retail Articles
Walmart, in kicking off its two-day 2023 investment community meeting, stated that it is investing to develop an unparalleled next-generation supply chain network of stores, clubs and fulfillment centers and driving future global growth opportunities across its...
