by Mike Duff | Feb 13, 2023 | Retail Articles
After extensive store closings after filing for Chapter 11 bankruptcy protection in 2020, Sur La Table, the leading kitchen and culinary retailer, announced that it will be expanding its footprint with new location openings throughout 2023. Sur La Table will re-enter...
by Mike Duff | Feb 8, 2023 | Featured News, Retail Articles
Bed Bath & Beyond found a potential rescuer in Hudson Bay Capital, but it still has a long way to go before its fortunes are secure. Certainly, Bed Bath & Beyond is characterizing the stock transaction and its backing by Hudson Bay Capital (not affiliated with...
by Mike Duff | Feb 3, 2023 | Retail Articles
In a fourth quarter when sales events prompted strong response, Amazon missed Wall Street earnings estimates while exceeding those for revenues, revealing in a conference call associated with its financial results announcement that it is reconsidering the Amazon Fresh...
by Mike Duff | Feb 2, 2023 | Retail Articles
For the fiscal month of January, Costco Wholesale Corp. posted net sales of $16.84 billion, a gain of 6.9% from the period a year earlier. With the effects of gasoline price and foreign exchange rate volatility excluded, company comparable store sales advanced by...
by Mike Duff | Jan 26, 2023 | Retail Articles
In its 2022 Annual Summary, Ikea highlighted the company’s initiatives to address customers in new ways while taking care of people and the planet, even as it reported a small sales gain. Covering the fiscal year from September 1, 2021 to August 31, 2022, the...
