by Mike Duff | Oct 28, 2022 | Featured News, Retail Articles
Amazon posted a third-quarter sales gain while indicating the need for cost-cutting in the North American retail business as earnings slip. Net income slipped to $2.87 billion, or 28 cents per diluted share, as compared to $3.16 billion, or 31 cents per diluted share,...
by Mike Duff | Oct 25, 2022 | Retail Articles
Aaron’s managed to beat Wall Street estimates for earnings and revenues in the third quarter despite a GAAP loss. Aaron’s posted a net loss of $15.6 million, or 51 cents per diluted share, versus net earnings of $24.3 million, or 73 cents per share, in the...
by Mike Duff | Oct 25, 2022 | Retail Articles
With all its banners participating, Bed Bath & Beyond is introducing its year-end promotions on Halloween with a lineup that includes gift and entertainment products across the company’s namesake, buybuy Baby and Harmon operations. Bed Bath & Beyond made...
by Mike Duff | Oct 24, 2022 | Retail Articles
A survey by business services firm JLL reveals most shoppers will keep their holiday budgets intact this year, spending on average $868, about the same as last year’s $870 average. Inflation will have a deeper impact on how consumers with lower incomes shop for...
by Mike Duff | Oct 24, 2022 | Retail Articles
With the year getting closer to the major retail holiday season bargain events and a November that has become a more intense promotional period each year, Kohl’s is spelling out how it will conduct its early season sales push including an emphasis on home merchandise....
