by Mike Duff | Jan 12, 2022 | Retail Articles
In moves to boost its digital operation, JCPenney announced that it has appointed Sharmeelee Bala to the post of chief information officer and Katie Mullen to the post of chief digital and transformation officer. Bala assumes responsibility for the information...
by Mike Duff | Jan 7, 2022 | Retail Articles
In a move to sell beyond its usual confines, Hy-Vee has announced an initiative that will give it the ability to serve shoppers across the United States with a focus on bulk food, pet supplies, and, perhaps surprisingly, home goods. The supermarket operator, with...
by Mike Duff | Jan 6, 2022 | Retail Articles
Costco Wholesale Corp. rolled on through its five-week fiscal December when it generated double-digit comparable store sales results. Company comparable sales, excluding fuel and foreign exchange rate volatility, gained 11.5% in the period year over year, with comps...
by Mike Duff | Jan 6, 2022 | Featured News, Retail Articles
In a tough third quarter roiled by transitional initiatives, supply chain issues and macroeconomic effects, Bed Bath & Beyond posted a net loss of $276.4 million, or $2.78 per diluted share, versus a net loss of $75.4 million, or 61 cents per diluted share, in the...
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...
