by Mike Duff | May 23, 2024 | Retail Articles
Consumer confidence slipped in April, hit by decreased comfort in the job market, non-essential spending and the ability to make ends meet, according to Numerator. The market researcher’s April Consumer Confidence Score was 56.9, down 0.4% from March. The score is an...
by Mike Duff | May 22, 2024 | Retail Articles
Target first-quarter earnings declined year over year, disappointing Wall Street. However, the company’s chair and CEO, Brian Cornell, said that recent moves, including price cuts the company has been rolling out, position it for a return to growth. Net earnings were...
by Mike Duff | May 16, 2024 | Retail Articles
The United States Census Bureau released figures indicating that retail sales moderated in April, the National Retail Federation reported. April’s core retail sales, as defined by NRF – based on the Census data but excluding automobile dealers, gasoline stations and...
by Mike Duff | May 16, 2024 | Featured News, Retail Articles
The first quarter exceeded Wall Street and company expectations as Walmart pressed lower-pricing initiatives across various categories, including Home. Net income was $5.1 billion, or 63 cents per diluted share, versus $1.67 billion, or 21 cents per diluted share, in...
by Mike Duff | May 7, 2024 | Featured News, Retail Articles
Economic growth in the United States slowed in the first quarter of 2024, but consumers are still spending more than they did last year, according to National Retail Federation Chief Economist Jack Kleinhenz. In NRF’s Monthly Economic Review, Kleinhenz noted gross...
