by Mike Duff | Jul 25, 2023 | Retail Articles
Although earnings slipped year over year, Albertsons beat Wall Street estimates for the first quarter driven by a gain in identical sales, even if inflation was part of the increase. Net income was $417.2 million, or 72 cents per diluted share, versus $484.2 million,...
by Mike Duff | Feb 16, 2023 | Featured News, Retail Articles
Amazon and Martha Stewart have teamed to open The World of Martha, an online shop featuring a comprehensive range of home and housewares products bearing the Martha Stewart brand. Martha Stewart announced in her blog that the World of Martha is now offering essentials...
by Mike Duff | Dec 28, 2022 | Retail Articles
Retail sales, excluding automotive, grew in the United States by 7.6% in the November 1 through December 24 holiday season versus the same period in 2021, as announced by Mastercard SpendingPulse. The market research conducted by Mastercard SpendingPulse measures...
by Mike Duff | Dec 20, 2022 | Retail Articles
Research from content management system provider Storyblok indicated that poor website design is a huge liability for online retailers. In a poll of 6,000 consumers across the United States and Europe, 60% of respondents said they abandon purchases due to poor user...
by Mike Duff | Dec 7, 2022 | Retail Articles
At its 2022 Analyst and Investor Conference, Lowe’s Cos. is providing an update on its key growth initiatives including the company’s plans for growth across its five focus areas. The growth initiatives include deepening Pro penetration, accelerating the...