by Mike Duff | Sep 28, 2022 | Featured News, Retail Articles
Macy’s aims to advance its omnichannel strategy with the launch of a digital marketplace on macys.com which will provide shoppers with a curated assortment of new brands, merchandise categories and products from third-party merchants and brand partners. The macys.com... by Mike Duff | Sep 23, 2022 | Retail Articles
Before it announced a fourth quarter and full year loss, Tuesday Morning revealed that it had closed a strategic transaction to secure $35 million in convertible debt financing that could reshape how the company is positioned in the marketplace and raise the profile... by Mike Duff | Sep 23, 2022 | Retail Articles
In the fourth quarter, Costco posted double-digit company comps as earnings and total sales beat an analyst estimate. The company reported that net income for the fourth quarter was $1.87 billion, or $4.20 per diluted share, versus $1.67 billion, or $3.76 per diluted... by Mike Duff | Sep 16, 2022 | Retail Articles
Consumers continued to spend in August despite inflation as more jobs and higher wages helped ease the pressures associated with rising prices, according to the National Retail Federation. The United States Census Bureau has announced that overall retail sales in... by Mike Duff | Sep 13, 2022 | Retail Articles
According to the Deloitte annual holiday season forecast, retail sales in the upcoming November to January timeframe look to increase between 4% and 6%. Overall, Deloitte’s retail and consumer products practice projects sales will total $1.45 to $1.47 trillion... 