by Mike Duff | Oct 19, 2022 | Retail Articles
With the blockbuster announcement that the company is preparing to merge with The Kroger Co.just days behind it, Albertsons Cos. announced identical store sales and earning advances in the second quarter. Net income was $342.7 million, or 59 cents per diluted share,...
by Mike Duff | Oct 13, 2022 | Retail Articles
Inflation will have a major impact on how consumers approach the upcoming holiday season, according to Bluedot, which tracks customer arrivals at stores and websites. In Bluedot’s third annual Holiday Shopping Habits report, based on a September survey of more...
by Mike Duff | Oct 5, 2022 | Retail Articles
As it works to keep pace with e-commerce leaders, Target Corp. has announced the hire of Prat Vemana as executive vp, chief digital and product officer. He joins Target on October 31 and will report to chief guest experience officer Cara Sylvester. In his new role,...
by Mike Duff | Sep 28, 2022 | Featured News, Retail Articles
Macy’s aims to advance its omnichannel strategy with the launch of a digital marketplace on macys.com which will provide shoppers with a curated assortment of new brands, merchandise categories and products from third-party merchants and brand partners. The macys.com...
by Mike Duff | Sep 23, 2022 | Retail Articles
Before it announced a fourth quarter and full year loss, Tuesday Morning revealed that it had closed a strategic transaction to secure $35 million in convertible debt financing that could reshape how the company is positioned in the marketplace and raise the profile...