by Mike Duff | Jun 8, 2023 | Retail Articles
Although it came out ahead of a Wall Street estimate on sales, Kirkland’s net loss grew as comparable sales declined in the first quarter when the company realigned outreach to emphasize its value offering. Net loss in the quarter was $12.1 million, or 95 cents per...
by Mike Duff | Jun 7, 2023 | Retail Articles
The Rise of the Gen Z Consumer, a study published by shopping center organization ICSC examining the shopping habits, behaviors and factors that most influence how the emerging generation of consumers interacts with retailers, marketplaces, industry and the economy,...
by Mike Duff | Jun 7, 2023 | Retail Articles
Wayfair has announced that Steve Oblak, chief commercial officer, will retire in the first quarter of 2024 after 14 years of leadership. The company also provided a business update. Jon Blotner Jon Blotner will become Wayfair’s new chief commercial officer, the...
by Mike Duff | May 23, 2023 | Retail Articles
Tough spring weather and weaker lumber prices contributed to a mixed quarter at Lowe’s Cos., yet one in which the company managed to exceed Wall Street expectations. Net earnings were $2.26 billion, or $3.77 per diluted share, versus $2.33 billion, or $3.51 per...
by Mike Duff | May 12, 2023 | Retail Articles
Marshalls has launched what it characterizes as an inaugural seasonal report, The Edit by Marshalls, which showcases its buying process and insights from Marshalls’ team buyers. The TJX Corp. banner is introducing The Edit by Marshalls alongside an all-new...
