by Mike Duff | Sep 22, 2022 | Retail Articles
As summer winds down, Walmart is already gearing up for the holidays, expanding its gift assortment, among other things, and bringing in lots of seasonal workers. In addition to a broader assortment of gifts, the company announced that it would make price investments...
by Mike Duff | Sep 16, 2022 | Retail Articles
Consumers continued to spend in August despite inflation as more jobs and higher wages helped ease the pressures associated with rising prices, according to the National Retail Federation. The United States Census Bureau has announced that overall retail sales in...
by Mike Duff | Sep 12, 2022 | Featured News, Retail Articles
The Mastercard SpendingPulse 2022 holiday season forecast calls for a 7.1% year-over-year gain U.S. retail sales, excluding automotive. Mastercard noted the 2021 holiday season represented a retail resurgence, with sales up 8.5% as pandemic induced pent-up demand,...
by Mike Duff | Sep 1, 2022 | Retail Articles
As the summer sales season slides into fall, Big Lots is getting ready for Labor Day with savings on furniture, mattresses, outdoor items and fall decor, more back-to-school merchandise, and even Broyhill cookware. The Broyhill brand is a focus, with cookware sets,...
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...