by Mike Duff | Mar 15, 2022 | Featured News, Home + Housewares, Retail Articles
With a focus on top brands and emerging trends, Macy’s has announced the launch of a new brand platform – Own Your Style – positioned by the retailer to empower customers to celebrate individuality and personal styles. Powered by a digitally-led omnichannel...
by Mike Duff | Mar 14, 2022 | Retail Articles
With COVID-19 and supply chain issues weighing on the fourth quarter, Best Buy met a Wall Street estimate on earnings but fell short on revenues. For the fourth quarter, net earnings were $626 million, or $2.62 per diluted share, versus $816 million, or $3.10 per...
by Mike Duff | Mar 4, 2022 | Retail Articles
The fourth quarter was solid for BJ’s Wholesale Club, with an earnings beat on Wall Street estimates even if revenues were not quite in line with a Yahoo Finance-published prediction. Income from continuing operations was $107.6 billion, or 78 cents per diluted share,...
by Mike Duff | Mar 3, 2022 | Retail Articles
A renewed fresh food emphasis and expanded digital operations helped The Kroger Co. set financial records in the 2021 fiscal year and beat fourth-quarter Wall Street estimates in the process. In the fourth quarter, Kroger recorded company net earnings of $566 million,...
by Mike Duff | Mar 2, 2022 | Featured News, Retail Articles
Target Corp. will invest up to $5 billion on physical stores, digital experiences, fulfillment capabilities and supply chain capacity in 2022 to further differentiate its retail offering and drive continued growth, the company announced. Target plans to open 30 stores...