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Walmart Beats Street in Q3 by Boosting Customer Visit Frequency

Walmart Beats Street in Q3 by Boosting Customer Visit Frequency

by Mike Duff | Nov 15, 2022 | Featured News, Retail Articles

Walmart’s third quarter net earnings took a hit because of equity investment charges related to JD.com and an opioid lawsuit settlement, but adjusted earnings per share and revenues beat Wall Street estimates. Consolidated net loss was $1.8 billion, or 66 cents per...
Placer.ai: Target, Walmart Store Traffic Strong Ahead of Holidays

Placer.ai: Target, Walmart Store Traffic Strong Ahead of Holidays

by Mike Duff | Nov 14, 2022 | Featured News, Retail Articles

Walmart and Target will announce their quarterly results this week, and Placer.ai has released an analysis that provides some insight into how their stores have performed during the most recent quarter and what their prospects might be for the fiscal year’s...
Sally Beauty Sales Slip in Q4 as Store Closures Continue

Sally Beauty Sales Slip in Q4 as Store Closures Continue

by Mike Duff | Nov 11, 2022 | Retail Articles

Sally Beauty sales and profits slipped in its fourth quarter, but the company beat a Wall Street earnings-per-share estimate as the company continues closing stores. Net earnings in the fourth quarter were $21.3 million, or 20 cents per diluted share, versus $68.1...
Qurate Retail Hit by Impairment Charges, Economy in Q3

Qurate Retail Hit by Impairment Charges, Economy in Q3

by Mike Duff | Nov 7, 2022 | Retail Articles

Qurate Retail took major impairment charges in the third quarter related to goodwill, the trade names of HSN and Zulily and recent performance, but the company still posted a loss after adjustment. For the third quarter, Qurate Retail recorded a company net loss of...
Walmart Enhances Digital Features, Adds Third-Party Pop-Ups

Walmart Enhances Digital Features, Adds Third-Party Pop-Ups

by Mike Duff | Oct 31, 2022 | Featured News, Retail Articles

Walmart has added new digital features to help shoppers navigate holiday savings and sales events while launching an initiative to help out small retailers. Walmart has struck a deal with Popable, a pop-up shop marketplace platform that connects brands and companies...
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