by Mike Duff | Nov 27, 2023 | Retail Articles
While announcing substantial growth intentions, Burlington Stores posted third-quarter earnings and revenues just shy of a Wall Street estimate but with strong comparable sales growth. Net income was $48.6 million, or 75 cents per diluted share, versus $16.8 million,...
by Mike Duff | Oct 31, 2023 | Retail Articles
As the company maintains westward expansion, BJ’s Wholesale Club announced that its first Alabama store will open Friday in Madison. Over the past two years, BJ’s has moved beyond the company’s East Coast market area, opening its first stores in Michigan and...
by Mike Duff | Sep 13, 2023 | Retail Articles
In its annual forecast for the celebratory selling season, Deloitte estimates that 2023 holiday retail sales will increase between 3.5% and 4.6% during 2023. Overall, Deloitte’s retail and consumer products practice projects sales will hit $1.54 to $1.56...
by Mike Duff | Aug 23, 2023 | Retail Articles
In driving store growth, Ace Hardware has already opened over 100 new stores in 2023, and is planning to open more than 170 by the end of the year, the company indicated as it prepares for its annual convention. The company has opened more than 1,100 stores in the...
by Mike Duff | Feb 6, 2023 | Retail Articles
In the latest Institute for Supply Management Report On Business, economic activity in the services sector expanded in January after contracting in December following 30 consecutive months of growth. Based on research conducted with purchasing and supply executives,...