by Mike Duff | Jan 3, 2022 | Featured News, Retail Articles
Retail sales excluding automobiles gained 8.5% year-over-year this holiday season running from November 1 through December 24 according to Mastercard SpendingPulse, which tracks transactions across all payment types, Online sales grew 11% compared to the period a year...
by Mike Duff | Dec 23, 2021 | Featured News, Retail Articles
The Conference Board Consumer Confidence Index gained in December after an upward revision in November. The Index now stands at 115.8, up from the revised 111.9 figure for November, the Conference Board stated, with a rating over 100 considered a positive sentiment...
by Mike Duff | Dec 3, 2021 | Retail Articles
Macro pressures led to a third-quarter loss for Big Lots, but the company stated that it is well-positioned for the holiday season. The company posted a net loss of $4.3 million, or 14 cents per diluted share, for the quarter versus net income of $29.9 million, or 76...
by Mike Duff | Nov 22, 2021 | Featured News, Retail Articles
Although feeling some pressure from the COVID-19 pandemic, labor and transportation issues, Ross Stores still managed to post a double-digit third-quarter comparable store sales gain versus the 2019 period and higher earnings as well. Ross Stores posted diluted...
by Mike Duff | Oct 29, 2021 | Featured News, Retail Articles
Amazon missed third-quarter Wall Street estimates for sales and earnings as the company stated it had emphasized investment to meet the demands of a marketplace hit by the COVID-19 pandemic and related challenges rather than pushing profits. In a third-quarter...
