by Mike Duff | Nov 11, 2022 | Retail Articles
Sally Beauty sales and profits slipped in its fourth quarter, but the company beat a Wall Street earnings-per-share estimate as the company continues closing stores. Net earnings in the fourth quarter were $21.3 million, or 20 cents per diluted share, versus $68.1...
by Mike Duff | Nov 10, 2022 | Featured News, Retail Articles
To support its evolving corporate strategy, Target Corp. has unveiled a new 150,000-square-foot concept store that it will use as a basis for an update of brick-and-mortar operations. The company recently debuted the new, larger store format in a location outside of...
by Mike Duff | Nov 7, 2022 | Retail Articles
Qurate Retail took major impairment charges in the third quarter related to goodwill, the trade names of HSN and Zulily and recent performance, but the company still posted a loss after adjustment. For the third quarter, Qurate Retail recorded a company net loss of...
by Mike Duff | Oct 28, 2022 | Featured News, Retail Articles
Amazon posted a third-quarter sales gain while indicating the need for cost-cutting in the North American retail business as earnings slip. Net income slipped to $2.87 billion, or 28 cents per diluted share, as compared to $3.16 billion, or 31 cents per diluted share,...
by Mike Duff | Oct 24, 2022 | Retail Articles
A survey by business services firm JLL reveals most shoppers will keep their holiday budgets intact this year, spending on average $868, about the same as last year’s $870 average. Inflation will have a deeper impact on how consumers with lower incomes shop for...
