by Mike Duff | Nov 16, 2022 | Featured News, Retail Articles
Target experienced declining discretionary product purchasing in the third quarter, which hit earnings as customers shopped for everyday needs while shifting to bargain hunting for other goods. The company posted net earnings of $712 million, or $1.54 per diluted...
by Mike Duff | Nov 14, 2022 | Featured News, Retail Articles
Walmart and Target will announce their quarterly results this week, and Placer.ai has released an analysis that provides some insight into how their stores have performed during the most recent quarter and what their prospects might be for the fiscal year’s...
by Mike Duff | Nov 7, 2022 | Retail Articles
Getting ready for the holiday rush, Kohl’s has announced plans to give away more than $1 million in prizes to in-store shoppers on Black Friday, November 25, through its TGIBF! Sweepstakes, a promotion it is unveiling with its Black Friday ad. Kohl’s pointed out that...
by Mike Duff | Nov 4, 2022 | Retail Articles
As November proceeds, Sur La Table is getting ready for the holidays with ornaments, tableware, and even a turkey towel introduction for Thanksgiving and Christmas. The Sur La Table Thanksgiving Turkey Dinner Plate, for example, priced at $14, is a durable,...
by Mike Duff | Nov 4, 2022 | Retail Articles
Even with recent inflationary challenges, the National Retail Federation has forecast that holiday retail sales during November and December will grow between 6% and 8% over 2021 to between $942.6 billion and $960.4 billion. Last year’s holiday sales grew 13.5% versus...