by Mike Duff | Sep 7, 2022 | Retail Articles
In a survey it sponsored in 2021, Coveo found that retailers often failed to meet consumers’ rising e-commerce expectations, and the company didn’t find much difference in 2022. Coveo, a cloud-based relevance platform focused on digital interactions, sponsored a...
by Mike Duff | Aug 31, 2022 | Retail Articles
A new-for-fall marketing campaign from Neiman Marcus dubbed Live Your Luxury, emphasizing pride and living in the moment, will reach out to affluent consumers through multiple channels including a Fall Book, events, digital content and videos. In the just-launched...
by Mike Duff | Aug 31, 2022 | Retail Articles
Best Buy second-quarter sales and earnings slipped — although not as much and Wall Street expected — as it struggled against headwinds and comparisons. Net earnings in the quarter were $306 million, or $1.35 per diluted share, the company reported, versus $734...
by Mike Duff | Aug 30, 2022 | Featured News, Retail Articles
As it worked to bring inventories down and serve shoppers with a broader range of bargains, Big Lots posted comparable sales and earnings declines but still did better than Wall Street expected. For the second quarter, Big Lots posted a net loss of $84.2 million, or...
by Mike Duff | Aug 30, 2022 | Retail Articles
Although total sales beat a Wall Street estimate, Kirkland’s Home suffered significant second-quarter comparable sales and earnings declines and now is working on bolstering inventory and liquidity positions. Net loss in the quarter was $25.7 million, or $2.02 per...
