by Mike Duff | Feb 3, 2022 | Retail Articles
For the fiscal month of January, Costco continued to post strong comparable store sales gains generally and in the nonfoods category. January comparable sales excluding the effects of gasoline prices and foreign exchange volatility increased 10.8% year over year with...
by Mike Duff | Jan 31, 2022 | Featured News, Retail Articles
With an emphasis on interactivity, Walmart has unveiled a new merchandising format dubbed Time Well Spent meant to keep the company’s customers shopping longer. In a blog post by Alvis Washington, vp, marketing – store design, innovation and experience, Walmart...
by Mike Duff | Jan 28, 2022 | Retail Articles
A strong comp performance helped Tractor Supply beat Wall Street estimates in the fourth quarter. Company net income was $221.3 million, or $1.93 per diluted share, versus $135.9 million, or $1.15, per diluted share, in the 2020 fourth quarter, the company stated....
by Mike Duff | Jan 26, 2022 | Retail Articles
According to the Deloitte 2022 Retail Industry Outlook, the pandemic has created the chance for a long-overdue retail reset that may help move many companies into a more stable, and profitable position. To achieve that, retailers will have to balance near-term...
by Mike Duff | Jan 21, 2022 | Retail Articles
In a move to support its expanding supply chain network and e-commerce business, Walmart announced plans to build a million square foot plus fulfillment center in Olive Branch, MS, to open this spring. The e-commerce-focused facility is part of a broader Walmart...